'The increase in value obviously is going to shorten the time frame that perhaps many had projected when we did the Return to Play for last season and extended the Collective Bargaining Agreement. 'We have a fairly large escrow to be made up, and until we do the cap is basically flat,' Commissioner Bettman said. 'We think the arrangements we have now are much more reflective of the value that we bring as compelling content.'Ĭommissioner Bettman said the NHL salary cap, which is tied to revenues and expected to stay at $81.5 million for the foreseeable future, should be able to increase sooner than expected because of the financial ramifications of the two media rights agreements. and ESPN announced a multiplatform media rights deal March 10.įinancial terms of each agreement were not disclosed. and ESPN as the NHL's national media rights partners in the United States for the next seven seasons.

Turner Sports, a division of WarnerMedia, joins The Walt Disney Co. 'We love the reach of their linear networks, both TNT and TBS, and as we look to the future, we're excited about the digital properties, in particular HBO Max and Bleacher Report.

'They put a fun and innovative factor into all of what they do and we're excited to have that same treatment for our sport and for our fans,' NHL Commissioner Gary Bettman said.

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