Toronto Argonauts sold to Bell, MLSE chairman Larry Tanenbaum
A source has confirmed to the Canadian Press that the Toronto Argonauts have been sold to Bell and MLSE chairman Larry Tanenbaum.
The official announcement is expected to be made today.
The deal includes a lease agreement for the Argo’s to play at BMO field as early as next season, pending further renovations needed to accommodate the CFL field.
The CFL team will play this season at the Rogers Centre. Their lease is set to expire after the 2017 campaign, although they have the option of leaving earlier if they choose to do so.
Rogers, as part of the MLSE, is absent from the deal, and was reportedly uninterested in acquiring the CFL team.
Rogers prompted the Argo search for a new home following its plan to install grass into the dome.