Sportsnet and TSN seem OK for now, but that may not be the case for TVA Sports, the all French-language entity seen mostly in Quebec. Quebecor boss and owner Pierre-Karl Péladeau warns with the ever-increasing cost of rights, it may not be worth the money to keep his network operating.

“As the saying goes, ‘Don't throw money after bad,’” he said.“

And TVA Sports at the moment is facing such a situation. We can't keep throwing good money after bad.”

Quebecor CEO warns of grim future for TVA Sports amid rising cost of broadcast rights