The NHL just struck a $7.7 billion deal with Rogers, which is more than double the previous media-rights contract they signed a decade ago
Toronto (AP) – NHL and Rogers Communications announced new12-year-old media national law transactionMany platform air games in Canada on Wednesday.
The agreement, which first reported on Monday, is estimated at $ 11 billion in Canadian dollars, or about $ 7.7 billion. The new deal passes in the 2037-38 season.
“Based on how discussions and Rogers decide to decide and continue to try to improve in practice so that we are both comfortable.” “It’s not what I least would be pictorial. I think we were quite a lot on the same page. But in the final analysis we wanted to be together.
Worth more than twice as many as $ 2013 in Canadian dollars, which costs $ 2.2 billion worth $ 5.2 billion in local currency.
Rogers CEO Tony Staffieri said that finance was developed and will continue to develop a new deal. Sportsnet, Rogers’s Sports Network says that since 2013, its income is more than doubled.
“The value of the content of living sports simply continues to be assessed, and it is really rooted in viewers, continuing to grow,” said the underground. “If you have a look at our NHL transaction over the past decade, the observation increased by 50%. And in connection with what you see, shadow income, and we think about how we think about economics. “
From 2016 to 2025, NBA’s US law deals increased by 160%, and NHL’s US law deals increased by 213% from 2011 to 2021.
This is the source of the League’s latest income with ESPN and Turner’s sports in 2021.
The transaction includes national rights on all platforms, including TV, digital and flow, for all national regular games, in all languages, as well as market deportation for all regional games.
It also includes national rights in the File-Off Games, the last and all special events and tents in all languages, all languages.
The agreement allows for a strategic sub-legislative to the rights of the rights, including the unique national French language and one night.
This story was originally shown Fortune.com
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