Rogers to retain Canadian NHL rights with 12-year, $7.7-billion US deal: sources


The NHL and the Rogers have agreed a new 12 -year -old Canadian transmission agreement worth $ 7.7 billion of the United States, a person familiar with the agreement to Associated Press said.

The person spoke with Associated Press on Monday on condition of anonymity because he had not been announced.

The NHL hired ESPN and Turner Sports in 2021 for the current television and transmission rights agreement of the United States for $ 4.5 billion in seven years combined.

Sportico was the first to inform the agreement and said the owners would vote this week.

The news occurs when the current Rogers agreement of $ 5.2 billion and 12 years will conclude after the 2025-26 season of the NHL.

Representatives of Rogers and the NHL declined to comment when the Canadian press contacted them.

Rogers, owner of the Sportsnet Network, was expected to face a tough competition of the Amazon technological giant for the next NHL Rights Agreement.

Amazon is in the first year of a two -year contract to transmit NHL games on Monday night in Canada in its main service.

The president and executive director of Rogers, Tony Staffieri, said at a lunch organized by the Canadian Toronto club in May that Rogers would seek a renewal of his rights agreement with the NHL.

The contract is the last source of income for the league as the salary limit continues to rise.

The NHL hired ESPN and Turner Sports in 2021 for the current television and transmission rights agreement of the United States for $ 4.5 billion in seven years combined.

The contract helps the NHL income forecast for the near future, even if the Canadian dollar is weakened by US tariffs that will enter into force on Wednesday.

Commissioner Gary Bettman expressed concern about the current economic situation at the Annual Spring Meeting of General Managers in mid -March.

“If the Canadian economy is affected to the extent that the dollar decreases, the Canadian dollar, against the US dollar, we do everything in US dollars, so it will have an impact potentially on our Canadian clubs and (income related to hockey),” Bettman said. “But we hope this is a time in time and we overcome this. I’m not weighing politically.”



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