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Report: Sens set to cash in on local TV deal

Jan 27, 2014, 4:23 PM EDT

New York Rangers v Ottawa Senators Getty Images

From the Ottawa Sun:

The Senators are on the verge of cashing in on their valuable broadcast rights.

League sources told the Ottawa Sun the Senators are just dotting the i’s and crossing the t’s and the club is close to announcing a historical, long-term deal for the local television and radio rights.

An announcement should be made in the coming days.

Obviously, local TV deals aren’t as big as the national ones, but they’re growing far more considerable than they were in the past. For example, one report had the Montreal Canadiens getting around $1.1 million per game ($68 million per season) from RDS in their new deal.

The Sens could use some good financial news too; it’s mostly been dire lately. Maybe Eugene Melnyk won’t even need that casino anymore.

Related: Sens will add at deadline if needed, despite $110M in losses

  1. 950003cups - Jan 27, 2014 at 4:50 PM

    I would like to conduct an internal investigation headed by our PHT fan posters as to where the $110,000,000 in so-called “losses” actually went and how this alleged TV deal went down. It will be ruthless, it will be thorough, it will be done with precise precision and very parallel to Eugene’s investigation on his Cookiegate findings, in that so too will our investigation will be completely overblown and irrelevant, and conducted by professionals who are not professional. Also in parallel with Mr Melnyk, we may it may not make the findings of our investigation public.

  2. c9castine - Jan 27, 2014 at 6:07 PM

    proof that it doesn’t matter where you are if you have a failure at the business level everything else will suffer as well.

  3. hockeyflow33 - Jan 27, 2014 at 6:10 PM

    Any truth to the rumor that Melnyk is already reporting the Sens are losing money broadcasting tv games?

  4. haroldworsley - Jan 27, 2014 at 11:06 PM

    The NHL never should have gone back to Ottawa in 1992. All of the original owners group lost money (millions) and the city has a hard time supporting big league sports for the long term. Even the Winnipeg Jets make more money than the Sens.

    • reidjr - Jan 28, 2014 at 11:03 AM

      Part of the reason the original owners losy millions was due the low dollar plus they had to pay for there own over pass as for the citys has hard times supporting big league sports sure in somke cases but you can say that about many citys in Canada.

      • reidjr - Jan 28, 2014 at 11:04 AM

        Sorry i mean to say in some cases.

  5. vanindeed - Jan 27, 2014 at 11:49 PM

    there’s no way a team in Canada can be losing money

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