Any word on how much this deal is worth?
The story says...
Quote:
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The American Gaming Association released a report Oct. 2 saying the NHL's annual revenue may increase by $216 million because of legalized sports betting. NHL revenues exceeded $4.5 billion last season.
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...but that's a projected number potentially from all legalized sports betting, not this specific deal.
This deal looks very similar to the one the NBA signed with MGM Resorts in September:
http://www.espn.com/chalk/story/_/id...ng-partnership
That one is rumoured to be worth $25 million over 3 years. I'd think the NHL deal will be worth less than that. Although, the fact that there's an NHL team playing on an MGM property might make the NHL deal a little more valuable to them.
Even if we assume it's $10 million a year, that won't have a huge impact on the salary cap.