11/26/2013 09:09 EST | Updated 01/26/2014 05:59 EST

NHL, Rogers to announce Canadian media rights deal

The NHL and Rogers Communications have reached a landmark 12-year, $5.2-billion deal for the league's Canadian broadcast and multimedia rights.

Hockey Night in Canada will remain on CBC for at least the next four years under a sub-licensing agreement with Rogers.

Watch the NHL's announcement live at 11 a.m. ET.