Ted Rogers buys The Blue Jays

Multimedia giant Rogers Communications has bought control of The Blue Jays baseball team for $160 million from Belgian beer-maker Interbrew.

Former Metro Chairman and one-time Sun Media head Paul Godfrey takes over as the team's president.

The move raises hopes that a deep-pocketed new owner will help rejuvenate a team that has fallen on hard times since winning the World Series twice in the early 1990's.