Today Rogers signed a $5.2 billion contract with the National Hockey League.
The mammoth deal gives the Toronto-based telecommunications giant exclusive rights to all games. It is the largest broadcast agreement in the history of the NHL.
If the deal is approved—the NHL board of governors meet in early December to discuss—TSN will have rights to zero games next year, while CBC will still broadcast Saturday games but lose all editorial control, according to Carly Agro.
"Our fans always want to explore deeper and more emotional connections to NHL hockey, and that is precisely what Rogers has promised to deliver over the next 12 years—channeling the reach of its platforms and the intensity of its passion for the game into an unparalleled viewing experience," NHL Commissioner Gary Bettman said.
The multi-billion dollar deal, which would take effect in the 2014-15 season, will be made in annual payments of between $300 and $500 million. It includes exclusive rights to the NHL playoffs, the Stanley Cup final, the NHL draft, and the All-Star Game as well. Further, Rogers will take control of NHL Center Ice and NHL GameCenter Live in Canada.
The term is 12 years.