It’ll be interesting to see the final numbers but even if this deal is only $200M/year more than the current deal, over 7 years that difference combined with the fixed salary cap should all but guarantee that the owners come out way ahead over the term of this CBA despite any financial losses during this season due to covid restrictions.
It’ll be interesting to see the final numbers but even if this deal is only $200M/year more than the current deal, over 7 years that difference combined with the fixed salary cap should all but guarantee that the owners come out way ahead over the term of this CBA despite any financial losses during this season due to covid restrictions.
I wonder how much the lost NHL.tv revenue is? Probably closer to 10 million than 100 million I'd guess.
Many of the NHL's current local deals are in risk with Sinclair's sports division headed towards some kind of bankruptcy. That's far more than 200 million at risk.
It’ll be interesting to see the final numbers but even if this deal is only $200M/year more than the current deal, over 7 years that difference combined with the fixed salary cap should all but guarantee that the owners come out way ahead over the term of this CBA despite any financial losses during this season due to covid restrictions.
Not as far ahead as they thought they'd be two years ago.
Not as far ahead as they thought they'd be two years ago.
But they'll live.
I’m not so sure about that. Had the pandemic not happened the league and PA would have likely agreed to an extension with the previous 50/50 revenue split, under this current agreement with an end in sight to the pandemic the first season is looking like the only one in this deal that the league will take in less than 50% of HRR and every subsequent season they should take in significantly more than that due to the cap freeze.
I’m not so sure about that. Had the pandemic not happened the league and PA would have likely agreed to an extension with the previous 50/50 revenue split, under this current agreement with an end in sight to the pandemic the first season is looking like the only one in this deal that the league will take in less than 50% of HRR and every subsequent season they should take in significantly more than that due to the cap freeze.
Well HRR certainly took a tremendous hit this year and last. Between players and owners (and other hockey related employees) someone is not getting that money.
And I think it likely impacted the size of this TV deal too. And maybe even future attendance.
The Walt Disney Company, ESPN and the National Hockey League have reached a historic and innovative seven-year television, streaming and media rights deal, taking the new partnership from the beginning of the 2021-22 season through the 2027-28 season.
The visionary, first-of-its-kind agreement brings the NHL back to Disney and ESPN platforms and illustrates the unique position of The Walt Disney Company to bring the best hockey in the world to millions across its unparalleled collection of media platforms.
It is highlighted by: exclusive coverage of the Stanley Cup Final on ABC in four of the seven years of the agreement, with the ability to simulcast/megacast on ESPN+ and additional ESPN networks; the return of live NHL action to ESPN networks with 25 exclusive national regular-season games on ABC or ESPN; 75 national regular-season games per season produced by ESPN that will stream exclusively on both ESPN+ and Hulu; half of the Stanley Cup Playoffs on ABC and ESPN each season; and coverage annually of NHL's Face-off (opening night games), the NHL All-Star Game and Skills Challenge, plus other NHL special events each season.
Additionally, the NHL's out-of-market streaming package, with more than 1,000 games (formerly on NHL.TV), will now be available for fans to stream only as part of an ESPN+ subscription.
The agreement also includes extensive highlight rights that will add to coverage across ESPN's year-round news and highlights programming, and to coverage on the ESPN App and social media. International media rights - including in Latin America, the Caribbean and parts of Europe - are also part of the agreement.
"This partnership of the world's top hockey league and the platforms of The Walt Disney Company is a big win for our fans and our game," NHL Commissioner Gary Bettman said. "Not only will this groundbreaking, seven-year deal enable the NHL to benefit from the incomparable power, reach and influence of The Walt Disney Company and ABC/ESPN, it sets a new standard in delivering our game to the most passionate and tech-savvy fans in sports in the ways they now demand and on the platforms they use."
Should be about $9M to the cap per Boomer Gordon on the NHL Radio.
The cap isn’t going to be linked to revenue for the majority of this deal but even if it were, 50% of the additional $200M in revenue divided by 32 teams is only a little over $3M/team that would actually go to the players.
Is NBC still their partner for the remaining games or is that to be determined?
With NBC shutting down NBCSN, which network will carry the NHL?
NBC would seem the most-likely, but Fox or CBS could be in the mix too. With NBCSN shutting down, their existing sports properties are expected to be moved to USA Network, which has otherwise significantly reduced its amount of original content in recent years.
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Turn up the good, turn down the suck!
So as a US based subscriber to NHL.tv am I now forced to pay for ESPN+ to get it now? Cause that really blows and I’ll just stop watching legally altogether. I despise the ESPN+ and more model. Not sure I get the bit about nhl.tv moving to ESPN+ as well. If it’s included in the cost well great thanks for forcing me to buy your crap I guess. Yay more subscriptions.
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So as a US based subscriber to NHL.tv am I now forced to pay for ESPN+ to get it now? Cause that really blows and I’ll just stop watching legally altogether. I despise the ESPN+ and more model. Not sure I get the bit about nhl.tv moving to ESPN+ as well. If it’s included in the cost well great thanks for forcing me to buy your crap I guess. Yay more subscriptions.
The press release clearly says it is included in ESPN+. Not sure why you're offended at the ESPN+, as it will be considerable cheaper than nhl.tv, and the nhl.tv has a pretty crappy interface.
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