Quote:
Originally Posted by Strange Brew
Not until after the 2012-22 season but apparently the current agreement allows for negotiation to begin this year.
Although I skeptical they had a guy on the Fan (Mike Johnston, is that right?) who claims to have heard the rights could go for 5 to 8x as much as previous deal, which could have a $20 million one time impact on the salary cap.
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The current deal expires in 2021, so the next deal will start in 2021-22.
The current deal is pretty undervalued, especially compared to what the other major leagues are getting. The NBA currently gets more for their tv rights in one season ($2.7 billion) than the NHL will get over the full 10 years of their current contract with NBC ($2 billion).
I'd be surprised if they can actually increase the value by 8 times ($1.6 billion per year), but 5 times ($1 billion per year) is probably within reach.
Hopefully the league and players are smart enough to use that significant bump in revenue as an opportunity to adjust the math on calculating the cap, to help bring escrow down rather than just pumping up the cap by $10 million a year.