There's been a major announcement concerning the Leafs' owenership in the last few minutes.

Leafs to Sell Shares at Insane Price

According to Sportico, the Maple Leafs Sports and Entertainment Chariment Larry Tanenbaum is currently in the process of selling his share of the company, estimated at $8B.

The stake will be bought by the Canadian Pension fund OMERS. We're talking about 25% of MLSE, who owns the Leafs, the Raptors, the Toronto FC and the Argonauts.

Updates will follow.

As seen on Hockey Patrol - BREAKING: Maple Leafs about to be Sold for a Massive Amount

POLL
JUNE 21 |355 ANSWERS
BREAKING: Maple Leafs Sell for an Insane Amount

Do you think the Leafs will win a Stanley Cup in the next three years?

Yes
114
32.1 %
No
241
67.9 %

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