Subban re-signs with the Canadiens
Defenseman P.K. Subban will be rejoining the Montreal Canadiens after the restricted free agent signed a two-year, $5.75 million contract on Monday. He will make $2 million the first year after having earned $875,000 last season on an entry-level contract. Subban did not attend training camp and missed the first four games of the regular season while negotiating with the Canadiens. Subban, 23, led the team in average ice time per game last season at 24 minutes, 18 seconds and had seven goals and 29 assists in 81 games . . . Ryan Hamilton’s goal with 11.2 seconds left in regulation capped a hat trick and gave the Western Conference All-Stars a 7-6 victory over the Eastern Conference in the AHL All-Star Classic in Providence. The Providence Bruins’ Trent Whitfield tied the game at 6 at 17:30 of the third period on a breakaway. The Bruins’ Niklas Svedberg allowed four goals on 18 shots in the first period . . . Boston College dropped from third to fifth in the USCHO.com men’s poll after losing a pair of home games to unranked Maine over the weekend. Quinnipiac remained second in the poll, New Hampshire moved up one place to third, and Yale stayed at No. 8.
Dodgers’ TV deal said to be worth $7b
The Dodgers formally announced a deal with Time Warner Cable to create a new TV channel that people familiar with the situation said assures the team more than $7 billion over 25 years. That is double what Major League Baseball thought the local TV rights were worth when the team was sold out of bankruptcy last year. The league is expected to haggle over how much of that extra money will go into a revenue-sharing pool to help out baseball’s poorer franchises. MLB typically collects 34 percent of a team’s local revenue after subtracting costs. When the Dodgers were mired in bankruptcy last year, the league agreed to value the potential TV rights of any future deal at $84 million the first year, rising 4 percent every year thereafter. Over 25 years, that estimated TV rights revenue of $3.5 billion . . . Juan Rivera agreed to a minor league contract with the Yankees. The 34-year-old outfielder and first baseman, who played for New York from 2001-03, hit .244 with 9 homers and 47 RBIs for the Dodgers last year . . . Yankees shortstop Derek Jeter worked out on a baseball field for the first time since breaking his left ankle last October and said he expects to start in New York’s opener against Boston on April 1 . . . A person familiar with the deal said the Phillies have agreed with veteran reliever Chad Durbin on a one-year contract . . . Reliever Luke Gregerson agreed to a $3.2 million, one-year contract with the Padres, his agent said . . . The Padres signed righthander Freddy Garcia, who was 7-6 with a 5.20 ERA with the Yankees last season.
Adelman set to rejoin Timberwolves
Rick Adelman is back on the court and coaching the Timberwolves after three weeks away to help his wife through a health scare. Adelman ran practice Monday and said he planned to coach against the Clippers on Wednesday night if all is satisfactory with Mary Kay Adelman, who is being treated for an undisclosed condition. Assistant Terry Porter coached the team to a 2-9 mark in Adelman’s absence.
Big East plans to add a 12th school
The Big East is looking to add a 12th school, and may sign a TV package that includes multiple networks, commissioner Mike Aresco said. He said the Big East wants to keep its name as it rebrands, and no longer has any plans to expand further west than Texas . . . Pennsylvania congressmen Charlie Dent and Glenn Thompson want the NCAA to restore football scholarships taken away from Penn State, saying those sanctions unfairly punish innocent student-athletes for the child sex abuse scandal involving retired assistant coach Jerry Sandusky.
Manchester United tops $3b in value
Manchester United has become the world’s first sports team to be valued at more than $3 billion, Forbes Magazine reported. A surge in the club’s shares on the New York Stock Exchange has seen the overall value of United rise to $3.3 billion. According to Forbes, the second-most-valuable team is the NFL’s Dallas Cowboys, worth $2.1 billion . . . The Revolution and the Rochester Rhinos have entered into a partnership that makes the Rhinos the official USL PRO affiliate of the Major League Soccer team. The agreement calls for the Revolution to loan a minimum of four players to the Rhinos for the season . . . The Columbus Crew agreed to terms with defender-midfielder Agustin Viana . . . The Dutch cycling union suspended former German rider Grischa Niermann for six months after he admitted using EPO from 2000-03 while racing for the Rabobank team.