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Bally Sports

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Q's picture
June 10, 2023 at 9:37am

Does anybody have any insight or seen any additional coverage/commentary on how the NHL is going to help teams like the CBJ with production and broadcast of games going forward? I recall that between the Bally bankruptcy and ATT getting out of the business there are almost half of the 32 NHL teams without a local broadcast partner for next season.

One of the reasons I ask is that it will impact the hockey revenue that goes into determining the salary cap. If teams like the CBJ can only earn "whatever advertising you sell in the local market, less expenses" that could be a lot less than the guaranteed quarterly payment from Bally. That means the commentators that estimate the cap will go up $4M to $5M next year are overshooting, perhaps by a lot.

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