Sports Billionaires Feud Over $3,000-an-Hour Estate Trustee Bill

The billionaire owners of one of North America’s biggest sports empires are locked in a feud over the $3,000-an-hour bill one handed the other for administering his deceased mother’s estate.

In a court filing this month in Toronto, telecommunications scion Edward Rogers objected to the nearly $8 million fee claimed by the three trustees of his mother’s estate. One of them is Larry Tanenbaum, Rogers’ partner in the holding company that owns the National Basketball Association’s Toronto Raptors and the National Hockey League’s Toronto Maple Leafs.