The owner of the Toronto Blue Jays can have a considerable impact on the team’s MLB odds of winning the World Series. Ownership spending is always a hot topic in MLB, and those at the top can get as much criticism as the front office and players.
Blue Jays ownership has invested considerably in the team over the last few years, including big contracts for George Springer, Kevin Gausman, and José Berríos.
Who Owns the Blue Jays?
Rogers Communications, Inc. is the current owner of the Toronto Blue Jays. They are one of two MLB franchises under corporate ownership.
Rogers’ headquarters is in Toronto, and at the end of 2022, the company had an annual revenue of over $15 billion.
Founded in 1960, Rogers is a powerhouse in media and communications. The company owns Sportsnet and acquired Score Media in 2012. The company also has naming rights to the home venues of the Vancouver Canucks and Edmonton Oilers.
When Did Rogers Buy the Blue Jays?
Rogers bought 80% of the Blue Jays for $160 million in 2000. The company purchased the remaining 20% from Interbrew by 2004.
In 2004, Rogers Communications bought the SkyDome, and renamed it “Rogers Centre.”
The company paid just $25 million for the ballpark, which was roughly 4% of the construction cost in the 1980s.
How Many Owners Have the Blue Jays Had?
The Toronto Blue Jays have had five different owners. The Canadian Imperial Bank of Commerce owned 10% of the franchise from 1976 through 2000.
Imperial Trust Limited and Labatt Breweries each owned 45% of the franchise from 1976 to 1991. John Labatt Limited bought Imperial Trust’s stake in 1991 to own 90% of the franchise.
In 1995, Interbrew bought out Labatt, making the Blue Jays the second MLB team to be owned by an organization from outside North America.
Rogers Communications then became the franchise’s fifth owner in 2000 when the company acquired an 80% stake. By the start of 2004, Rogers was the sole owner of the franchise.
Does Labatt Own the Blue Jays?
No, Labatt does not own the Blue Jays.
Labatt was the majority owner of the Blue Jays from the franchise’s founding in the 1970s until the company was bought by Interbrew in 1995. Interbrew sold the Jays to Rogers Communications in 2000 but retained a 20% stake until 2004.
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