According to John Ourand of the Sports Business Journal, Turner Sports, which owns TBS, TNT, AT&T SportsNet, and TruTV, will pay nearly $225 million per season through 2027-28 to become the NHL’s secondary national television partner in the United States.
It was reported earlier on Monday that NBC opted to pull their bid to become the NHL’s secondary broadcasting partner after the NHL agreed to a seven-year contract with ESPN for the network to be their new primary broadcast partner in the United States last month.
NHL makes their deal with Turner Sports official. It’s a 7-year deal set to begin with the 2021-22 season
— David Pagnotta (@TheFourthPeriod) April 27, 2021
The NHL will make around $625 million per year from their national television agreements within the United States, which doubles more than what NBC and Disney Streaming Services were paying before.
NHL rights revenue will more than double from an average of $300M/year to $625M/year.
Old Deal: NBC pays $200M/year, and Disney Streaming Services pays $100M/year.
New Deal: ESPN pays $400M/year, and Turner pays $225M/year.
— John Ourand (@Ourand_SBJ) April 26, 2021
Three of the seven Stanley Cup Final series that will take place over the duration of the contract will be broadcasted by Turner Sports. The other four will be covered by ESPN.
Turner Sports will get half of the Stanley Cup Playoff games, the Bridgestone NHL Winter Classic, and a regular-season schedule each year of the agreement.
Sources have told SBJ that the NHL could announce this agreement as soon as Tuesday.
NBC has been the NHL’s national broadcasting partner in the United States since the 2005-06 season.
ESPN+ will hold the streaming rights to 1,100+ regular-season games and Hulu will stream 75.
By Harrison Brown