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http://www.sportsnet.ca/hockey/article.jsp?content=20050527_164035_6528
ESPN dumps NHL
League revenues take another hit. How will this affect the CBA negotiations?
Sportsnet.ca -- ESPN has declined its option to retain National Hockey League broadcasting rights next season for $60-million US, Sportsnet has learned.
While some consider this a huge blow to the league and its exposure south of the border, there is a sense ESPN 2 may attempt to use this opportunity to negotiate a much cheaper rights fee.
Regardless, this decision will clearly have an impact on NHL revenues and may factor in to the current CBA negotiations as the pie continues to shrink.
Meanwhile, Bain Financial remains intent on buying the NHL. A memo was circulated around the league Friday announcing the group has tabled an offer of $4.3-billion for all 30 NHL teams. The offer would split the teams into three categories based on the estimated worth of each franchise.
ESPN dumps NHL
League revenues take another hit. How will this affect the CBA negotiations?
Sportsnet.ca -- ESPN has declined its option to retain National Hockey League broadcasting rights next season for $60-million US, Sportsnet has learned.
While some consider this a huge blow to the league and its exposure south of the border, there is a sense ESPN 2 may attempt to use this opportunity to negotiate a much cheaper rights fee.
Regardless, this decision will clearly have an impact on NHL revenues and may factor in to the current CBA negotiations as the pie continues to shrink.
Meanwhile, Bain Financial remains intent on buying the NHL. A memo was circulated around the league Friday announcing the group has tabled an offer of $4.3-billion for all 30 NHL teams. The offer would split the teams into three categories based on the estimated worth of each franchise.