Rogers Communications completed its acquisition of the last 37.5 percent stake in Maple Leaf Sports and Entertainment from Kilmer Sports for $4.35 billion.
The deal turns Rogers the exclusive owner of MLSE.
This move broadens Rogers' control over the Toronto Maple Leafs, Toronto Raptors, and various teams in the company's sports portfolio.
Multiple outlets reported the finalised transaction on Monday.
Rogers earlier maintained a primary stake in MLSE alongside Kilmer Sports.