Valuation snapshotSource: Sportico MLS Valuations, Feb 2026
Latest estimated value
$730M
Estimated annual revenue
$75M (Sportico 2026, 2025 season)
Implied revenue multiple
9.7x (calc.)
YoY change
+1% (1-yr)
Most recent transaction
Recapitalization
Implied valuation, last tx
~C$17.4B (MLSE implied)
Ownership
Controlling ownerMaple Leaf Sports & Entertainment (Rogers — 100% pending Kilmer close)
Ownership stake—
Owner since2005
Acquisition price—
Transaction history
2 on file| Date | Type | Buyer | Seller | Stake | Price | Implied Val | Mult. | Conf. |
|---|---|---|---|---|---|---|---|---|
| 2026-07-06 | Recapitalization | Rogers Communications (toward 100% of MLSE) | Larry Tanenbaum / Kilmer Sports Ventures | 25% of MLSE | C$4.35B | ~C$17.4B (MLSE implied) | — | Medium |
| 2025-07-01 | Recapitalization | Rogers Communications (to 75% of MLSE) | BCE (Bell) | 37.5% of MLSE (incl. TFC) | C$4.7B (~US$3.5B) | ~C$12.5B (MLSE, all assets) | — | High |
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Valuations and revenue estimates on this page are sourced from publicly available reporting and are presented for informational purposes only. SportsCapIQ is not affiliated with the Toronto FC, the MLS, or any party referenced. See full methodology and disclaimer.