CBC’s exclusive window to extend NHL deal closing

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The cost to get rights to broadcast the NHL in Canada may wind up being too costly for Canada’s national broadcaster.

CBC, the home of Hockey Night in Canada, has an exclusive window to negotiate a new deal to carry the NHL that ends in August. As Steve Ladurantaye of The Globe And Mail shares, time is running out, money is tight, and TSN is eager to pounce on the rights.

But the league must step lightly – both broadcasters have reasons to let the NHL pass them by. “This isn’t a slam dunk for the NHL by any means,” one broadcast executive said. “It’s not as straightforward as someone might think.”

CBC has had Saturday night hockey since 1953 and the current deal expires after this season. Ladurantaye says CBC could lose as much as $175 million if they lose out on the TV package. Hockey broadcasts are also a big money winner for CBC to help them produce other shows.

It would be hard to imagine not seeing Hockey Night in Canada on CBC anymore. If the cost is too high, Don Cherry and his wild suits and opinions might wind up elsewhere.