CBC says that during his "Coach's Corner" segment Cherry will address this week's announcement that Rogers Communications has gained national broadcast and multimedia rights to all NHL games starting next hockey season.
The high-profile hockey commentator is also expected to discuss his possible role in the new "Hockey Night in Canada."
The iconic hockey broadcast will remain on TV for at least the next four years, but CBC will not have editorial control of the show.
That raises questions about the future of on-air personalities like Cherry and his "Coach's Corner" sidekick Ron MacLean.
Cherry said earlier this week he wasn't sure what would happen to the show, but in a later interview with CBC, he brushed off rumours predicting his retirement.
"They've been saying that for 30 years," he said.
"I know I'm No. 1 and `Coach's Corner` is No. 1 and what are you going to do?"
Cherry joined ``Hockey Night in Canada'' full-time in 1981 and CBC started the ``Coach's Corner'' segment shortly after his arrival.