The Rogers symbol at the companies headquarters at 333 Bloor Street in Toronto on April 8, 2024. Photo by Peter J. Thompson/National Post

Rogers Communications Inc. is drawing broad interest from private investors for a stake in its sports and entertainment business, its chief executive officer said, as the Canadian company debates whether to take its sports assets public in the future.

Rogers has increased its ownership of Maple Leaf Sports & Entertainment Ltd. — parent of the Toronto Raptors basketball club and Toronto Maple Leafs hockey team — to 75 per cent. The company plans to trigger a legal agreement to buy the other 25 per cent from billionaire Larry Tanenbaum ’s Kilmer Group.

Once that’s complete, as soon as next year, Rogers would be free to merge MLSE with its other s

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