The CBC/Radio-Canada announced on Thursday that the network will no longer compete for the rights to professional sports, as the national public broadcaster is cutting $130 million from its budget this year and eliminating 657 jobs over the next two years. "As of today, CBC and Radio Canada is out of the business of competing with the private (broadcasters) for professional sports," network president Hubert Lacroix told employees in a corporate-wide town hall. The crown corporation maintains it will still compete for other sporting events with interest to Canadians such as the Summer and Winter Olympics. "We remain committed to signature events of national importance such as the Olympics; but, as with Sochi, well approach these events in new ways - new ways of producing, new technologies and new partnership arrangements," the network said in a statement. While CBC will still broadcast Hockey Night in Canada NHL games on Saturday nights over the next four years, incoming rights holder Rogers will produce the programs, sell the ad space in the time slot and keep the revenue. The netowrk has also had to deal with $115 million in cuts to federal government funding, which was announced in the federal budget two years ago. Hockey Night in Canada has been airing on CBC for over 60 years and the network was also a broadcaster for the Canadian Football League, Montreal Expos and Toronto Blue Jays baseball games and Toronto Raptors basketball. Clearance Air Max 270 . Those who impressed in each of the three events were asked to attend the main CFL Combine which begins Friday in Toronto. Kyrie Irving Shoes Friends .com) - Nicklas Backstrom scored a pair of goals and Alex Ovechkin notched a highlight-reel tally, leading the Washington Capitals to a 4-0 victory over the New Jersey Devils on Saturday at the Prudential Center. http://www.wholesalenikeshoesclearance.c...ax-1-shoes.html. Patrick Kane and the Chicago Blackhawks were proof of that on Wednesday night. Wholesale Nike Shoes China . Modin, 36, tallied seven goals and three assists in 36 games with the Thrashers this season. The Sundsvall, Sweden, native has posted 232 goals and 230 assists in 894 career NHL games with Toronto, Tampa Bay, Columbus, Los Angeles and Atlanta and has appeared in 57 post-season contests, helping the Lightning capture the 2004 Stanley Cup Championship. Buy Air Max 270 Black .com) - Ames, IA (SportsNetwork.Toronto, ON (SportsNetwork.com) - Jake Gardiner and Richard Panik scored 45 seconds apart late in the first period and Jonathan Bernier made 44 saves, as Toronto raced out to a four-goal lead then held on to beat Vancouver, 5-2, from Air Canada Centre. Peter Holland and Joffrey Lupul tallied early in the second to complete the burst and David Clarkson added a late marker for the Maple Leafs, who have won ffive of their last seven.dddddddddddd Daniel Sedin and Chris Tanev provided offense for the Canucks, who had recorded road wins against Pittsburgh and Washington but fell to 3-2 on their seven-game road trip. Ryan Miller was pulled after giving up four goals on 14 shots in almost 26 minutes. Eddie Lack finished up by halting all 13 Toronto chances for the remainder of the contest. ' ' '