Jack Armstrong isn't going anywhere.Despite Rogers' decision to buy out Bell's 37.5% stake in MLSE, the two telecommunication giants have agreed to keep their current division of television broadcast rights in place for the next 20 years.

For over a decade, all of Toronto’s sport teams were owned by two telecommunications companies: Bell and Rogers. But that has changed with today's massive announcement.

The Canadian telecommunications giant will become the controlling owner of the multi-team corporation with a 75% stake.