The Globe and Mail reports in its Wednesday edition that Edward Rogers, the executive chair of Rogers Communications, has purchased a minority stake in Canada's only professional padel franchise, the Toronto Polar Bears, marking Mr. Rogers's latest sports franchise investment. The Globe's Irene Galea writes that Padel, a co-ed racket sport played in an enclosed court, blends elements of tennis and squash. It is thought to have been founded during the 1960s in Mexico. In 2023, Toronto businessman Zale Turner acquired the rights for a Toronto franchise from the Pro Padel League and -- after bringing on minority partners -- launched the Toronto Polar Bears, Canada's only professional team. Toronto competes in the league against eight American teams and one Mexican team. Mr. Turner declined to provide details about the terms or valuation of Mr. Rogers's minority investment, but said it was "financially significant" for the team, and that he has stopped taking additional investments for now. He said that Mr. Rogers's interest in padel will help further propel the popularity of the sport in Canada. Mr. Rogers plays padel himself, and is the founder and president of the Canadian Padel Tennis Association.