Kukla's Korner Hockey
by Paul on 11/25/13 at 11:03 AM ET
from Christopher Botta of SportsBusiness Journal,
The NHL is crafting a series of Canadian television deals that could increase its average annual rights fees to more than $350 million, nearly double the current amount, while creating a Sunday night telecast franchise for the league.
The ongoing negotiations involve five Canadian networks: CBC, TSN, Sportsnet, and French-language broadcasters RDS and TVA. Negotiations are focused on 10-year deals, the same length as the $2 billion agreement between the NHL and NBC Sports Group that was reached in 2011. The forthcoming Canadian deals are expected to escalate in value over the length of the contracts, possibly exceeding a total of $400 million by the end of their terms....
According to industry sources, CBC will remain as the league’s major partner and will retain “Hockey Night in Canada,” its iconic franchise since 1953. But the network would see its rights fee go up and some of its current inventory go to other programmers.
CBC (the over-the-air, public Canadian Broadcasting Co.) now pays $121 million a year. In the new deal, CBC is expected to pay about $175 million a year. However, it would lose the rights to the NHL All-Star Game and some playoff broadcasts, sources said.
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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