The owners of Canada's lone Major League Baseball team might be considering cashing out.
According to Natalie Wong of Bloomberg, Rogers Communications chief financial officer Tony Staffieri said during a conference in New York this week that the Canadian company is evaluating a possible sale of various assets - including the Toronto Blue Jays.
Staffieri said a potential sale could allow Rogers to gain more value from its portfolio of assets, while also allowing the company to pursue other investment opportunities, according to Wong. Staffieri added that a potential sale of the Blue Jays is not close.
Rogers Communications bought the Blue Jays from Belgian brewing conglomerate Interbrew SA for $165 million in September 2000, under the direction of the corporation's then-president Ted Rogers. Forbes valued the Blue Jays at $1.3 billion this past April, placing them as the 16th-most valuable franchise in MLB.
Despite finishing 10 games below .500 in 2017, the Blue Jays drew an American League-leading 3,203,886 fans to Rogers Centre.
