Gary Bettman's terrible decision: he signed a deal that nearly cost the NHL millions of dollars
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Commissioner Gary Bettman made a terrible decision that nearly cost the NHL millions of dollars.
Since he became the NHL commissioner in 1993, Gary Bettman has made multiple bad decisions. In addition to the two player lockouts in 2004-05 and 2012-13, he signed a few contracts that cost the League a lot of money. After BioSteel, which was the NHL's official drink partner for two years before closing shop, the fate of the Diamond Sports Group, which holds the broadcasting rights to nine NHL teams, will be determined on September 3rd after more than a year under bankruptcy protection.
This came from The Athletic's Evan Drellich:
Regardless of whether it successfully emerges from bankruptcy, Diamond Sports Group, which broadcasts the Bally-branded regional sports networks, is now promising it will operate through the 2024-25 NBA and NHL seasons.
David Preschlak, the company's CEO, said in a statement that their agreements with the NHL and the NBA will go on this season, even if they end up going bankrupt.
In his own words:
We are appreciative of the ongoing collaboration and long-term partnerships with the NBA and NHL, David Preschlack, Diamond's CEO, said in a statement. These new agreements that cover NBA and NHL linear and (direct-to-consumer) rights are another major milestone and continue Diamond's momentum toward emergence, which will enable us to provide value for our NBA and NHL partners and continue to serve dedicated local NBA, NHL, and MLB fans[...]
Gary Bettman is once again hurting the League and its fans with his bad decision-making. After so many signs that a change is needed in the commissioner's chair, let's hope that this one will be enough to finally replace him.
| POLL | ||
25 AOUT | 81 ANSWERS Gary Bettman's terrible decision: he signed a deal that nearly cost the NHL millions of dollars Do you think Gary Bettman must be replaced as the NHL commissioner? | ||
| Yes | 70 | 86.4 % |
| No | 11 | 13.6 % |
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