Garry Bettman's Multi-million dollar loss called out by NHL agent

Published August 28, 2023 at 2:04 PM

Gary Bettman, the NHL's commissioner, is under scrutiny as media rights issues create concerns for the league's future.

Subscriber Decline Under 7-Year Deal

Prominent player agent Allan Walsh emphasized the impact of the NHL's 7-year media rights deal with ESPN. During this deal, ESPN's subscriber count dropped from 80 million to 45 million. Disney, ESPN's parent company, is actively seeking a "strategic partner" for the network. This downturn raises questions about viewer losses during Bettman's tenure.

"The NHL is going into its 3rd year of its 7 year media rights deal with ESPN. Since that time, ESPN's subscriber base has fallen from 80 million to 45 million. Disney (parent company of ESPN) is now actively searching for a «strategic partner» for the network".

Bankruptcy Impact and Financial Worries

The NHL faces additional challenges due to Bally Sports' bankruptcy announcement. This development impacts $55 million in media rights and affects 12 NHL teams. The fallout triggers concerns about the league's financial stability and its potential impact on salary caps.

Key Quote and Source

Bettman's Leadership Under Question

As the NHL navigates media-related challenges and financial uncertainties, Gary Bettman's leadership abilities come into focus. The league must address these issues affecting its media presence and financial health.
August 28   |   126 answers
Garry Bettman's Multi-million dollar loss called out by NHL agent

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