NHL and Rogers reach landmark TV contract extension valued at $11 Billion over 12 years

[Big Guava]

Starts in 2026-2027 and represents a 2.5x increase over the current 12 year $4.5 Billion contract in place.

Get ready for a massive salary cap jump coming in 2 years...

https://www.nhl.com/news/nhl-rogers-continue-landmark-partnership#:~:text=“We're thrilled to continue,of about 2 ½ times.

Edited April 4 by Big Guava

[mjd1001]

48 minutes ago, Big Guava said:

Starts in 2026-2027 and represents a 2.5x increase over the current 12 year $4.5 Billion contract in place.

Get ready for a massive salary cap jump coming in 2 years...

https://www.nhl.com/news/nhl-rogers-continue-landmark-partnership#:~:text=“We're thrilled to continue,of about 2 ½ times.

First, is the jump in the cap for the next couple of years that already including these numbers?  Maybe not totally, but is some of the increase in revenue already 'baked in?"

Beyond that, the old deal averaged $375m per year. This new deal averages $916m per year.  That is an increase of $541m per year.  Divide that among 32 teams and you get $16.9m per year.  Now about half of that goes to the cap, half goes to the owners, so the 1/2 of that going to the cap is $8.45m per year.  That isn't $8.45 one year, and then another $8.45m the next...that is $8.45m per year on AVERAGE over the next 12 years.  So I'm pretty sure they will 'pro-rate' the increase.

I think the cap goes up because of this, but I don't think we are going to see massive, year-over-year increases.

[Drag0nDan]

40 minutes ago, mjd1001 said:

First, is the jump in the cap for the next couple of years that already including these numbers?  Maybe not totally, but is some of the increase in revenue already 'baked in?"

Beyond that, the old deal averaged $375m per year. This new deal averages $916m per year.  That is an increase of $541m per year.  Divide that among 32 teams and you get $16.9m per year.  Now about half of that goes to the cap, half goes to the owners, so the 1/2 of that going to the cap is $8.45m per year.  That isn't $8.45 one year, and then another $8.45m the next...that is $8.45m per year on AVERAGE over the next 12 years.  So I'm pretty sure they will 'pro-rate' the increase.

I think the cap goes up because of this, but I don't think we are going to see massive, year-over-year increases.

I think they do the cap year to year.  You can project a lot of it out with escalating TV contracts, but there's other pieces of revenue that is shared between all teams. 

There's also a certain revenue share - well say 50/50 to be easy.  The cap is a reflection of that 50/50 revenue share, so 100M cap would in that scenario be 320M of shared league revenue with the players.  You then factor in... NHLPA pensions, benefits, NHLPA employees etc. and that's all probably factored in as well on a year to year basis as per the current CBA.  

[inkman]

This league makes money in spite of itself. 

[PerreaultForever]

The pissy part of this deal for Canadians is they will still get to sell off pieces so TSN can have some again and then Amazon and anybody else they want to sell bits to so you won't get all the games in one service. Not a fan friendly arrangement to say the least. 

[Big Guava]

20 hours ago, inkman said:

This league makes money in spite of itself. 

Nowhere close to the NFL who is so far ahead of the next closest league in the world they are almost double the MLB/NBA which are neck and neck in 2nd place

Edited April 5 by Big Guava

[\GoBillsInDallas/]

https://www.montrealgazette.com/sports/hockey/montreal-canadiens/article857770.html

[mjd1001]

1 hour ago, \GoBillsInDallas/ said:

https://www.montrealgazette.com/sports/hockey/montreal-canadiens/article857770.html

In almost every 'sports' transaction involving money, (tv contracts, ticket prices...almost anything)...there are 3 parties involved in the end. The Owners, the Players, and the Fans.

Nothing profound here, but the Fans are the ones with the least voice that they use, and they are always the group that is taken advantage of (Owners and players argue amongst themselves about who can take the most money from the Fans).