from Market Wired,

On November 3, 2015, NeuLion, Inc. (the "Company") signed a letter of intent ("LOI") with the National Hockey League ("NHL") to provide transition services and support for the NHL's digital properties, including NHL GameCenter LIVE™, for the 2015-16 NHL season. The value for the 2015-16 NHL season under the LOI is in excess of $11 million. The LOI also provides that the Company will render consulting services to the NHL regarding digital media and technology issues for four years beginning on October 1, 2016. The value of the consulting services for the four years under the LOI is $4 million. The LOI is subject to the negotiation and execution of a definitive agreement.

read on for a the legal talk...