Even before the lockout went into full swing, Rogers was in the red with regards to their investment into Maple Leaf Sports and Entertainment, according to a Globe and Mail report.
Their partial ownership of MLSE — which controls the Toronto Maple Leafs, Toronto Raptors, Toronto Marlies, and Toronto FC — resulted in an loss of $8 million for the quarter that ended on Sept. 30.
It’s worth noting that the lockout only cost the Leafs two home preseason contests during that three-month period, so the revenue losses related to the NHL franchise probably wasn’t substantial. That likely won’t be the case for their next quarter if this lockout continues.
The Leafs generated about $200 million in hockey-related revenues last season even though they didn’t play in a single postseason contest.
They were the richest team in the league and paid out $20 million in revenue sharing. That figure could go up depending on the terms of the next CBA. Their profit margin might also increase if the player’s share of hockey-related revenues goes below the old 57% — which seems highly probable at this point.
At the same time, because the Leafs are the league’s richest team, they also stand to potentially lose the most in missed short-term profits if the lockout continues.
Cancel Danny DeKeyser‘s arbitration hearing on Thursday; it won’t be required.
DeKeyser has agreed on a six-year, $30 million contract with the Detroit Red Wings. The 26-year-old defenseman is now locked up through 2021-22.
Next up for GM Ken Holland is goalie Petr Mrazek‘s arbitration hearing tomorrow. That hearing, which came at the club’s request, may actually be necessary.
DeKeyser’s deal, on the other hand, always seemed like it would be the easier of the two to get done via negotiation.
“The player and the club both know what the range would be on a one-year deal,” Holland said recently, per the Detroit Free Press. “We continue to have conversation on a longer-term deal. I’m comfortable we can avoid the process. Danny is Detroit born, he’s happy with his role, happy to be a Red Wing. We are happy with his play.”
DeKeyser had eight goals and 12 assists in 78 games last season, while logging an average ice time of 21:48. As an NHLer, he’s proven why he was such a highly sought-after college free agent, and his new contract reflects that.
The Rangers inked one of their better young blueline prospects on Monday, agreeing to terms with Sergey Zborovskiy on a three-year, entry-level deal.
Zborovskiy, 19, was New York’s third-round pick (79th) overall at the 2015 draft, a selection acquired as part of the Cam Talbot trade to Edmonton. He’s spent the last two seasons with WHL Regina, racking up eight goals and 25 points in 64 games last season.
At 6-foot-3 and 198 pounds, Zborovskiy has good size, one of the reasons the Rangers were high on him.
Per TVA, the Russian rearguard signed a deal that will pay $633,000 annually at the NHL level. Zborovskiy is expected to return to junior next year.
ANAHEIM, Calif. (AP) Forward Stefan Noesen has agreed to a one-year contract to stay with the Anaheim Ducks.
Anaheim confirmed the two-way deal Monday.
Noesen (NAY-sun) appeared in one game in each of the past two seasons for the Ducks, who acquired him from Ottawa in 2013.
The 2011 first-round pick by the Senators has spent most of the past three seasons in the AHL with Anaheim’s affiliates in Norfolk and San Diego. He scored 32 points in 65 games for the Gulls last season.
The 23-year-old Texas native’s pro career has been hindered by two major injuries. He missed practically all of the 2013-14 season with torn ligaments in his left knee, and he missed four months of the 2014-15 season after an opponent’s skate blade nearly severed his right Achilles tendon.
SAN FRANCISCO (AP) Twitter will live stream for free one Major League Baseball game and one NHL game per week under a new deal.
The agreement announced Monday will allow viewers to watch games nationally that would normally be available only in the two teams’ home markets. Users will not need to be logged into Twitter to see the games.
The baseball games will also be available outside the U.S., with some exceptions. Twitter did not announce the game schedule Monday.
The social media network is attempting to move into live sports streaming through “over-the-top” broadcasts, which do not require a cable subscription. In April, Twitter reached a deal with the NFL to stream 10 “Thursday Night Football” games this fall.