Jim Bob
July 1st, 2003, 9:04:20 AM
http://www.buffalonews.com/editorial/20030701/1023361.asp
The Buffalo Sabres have declined to exercise their $1 million option to break their contract with Adelphia Communications to televise their games next season.
The National Hockey League team now awaits the cable operator's decision whether to televise the games on its own Empire Sports Network or disband the channel and make a deal with another regional sports network that is carried on Adelphia's system.
The Sabres had until today to pay $1 million to break the deal, for which they will be paid about $6.5 million per year over the next four seasons. The rights fee Adelphia paid was so high that it isn't at all surprising that no regional sports channel wanted to match it.
"I told Adelphia that we will not exercise the option to terminate," Larry Quinn, the team's managing partner, said Monday.
The Buffalo Sabres have declined to exercise their $1 million option to break their contract with Adelphia Communications to televise their games next season.
The National Hockey League team now awaits the cable operator's decision whether to televise the games on its own Empire Sports Network or disband the channel and make a deal with another regional sports network that is carried on Adelphia's system.
The Sabres had until today to pay $1 million to break the deal, for which they will be paid about $6.5 million per year over the next four seasons. The rights fee Adelphia paid was so high that it isn't at all surprising that no regional sports channel wanted to match it.
"I told Adelphia that we will not exercise the option to terminate," Larry Quinn, the team's managing partner, said Monday.