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. Mahmoud Dahoud Dortmund Jersey . "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. Raphael Guerreiro Dortmund Jersey . The light-heavyweight champion and number one ranked pound-for-pound fighter in the world is on an 11-fight UFC winning streak, the longest in the history of the weight class. Marwin Hitz Dortmund Jersey . -- D.A. Points was disqualified Friday from the AT&T Pebble Beach National Pro-Am for using a training device while waiting to play the 18th hole at Pebble Beach. http://www.footballdortmundpro.com/Kids-Christian-Pulisic-Jersey/ . - A lot of scenarios ran through Terrell Suggs head when the Baltimore linebacker prepared to face the Pittsburgh Steelers.A day after Canada lost its first Olympics mens curling match since 2006, Brad Jacobs and his Sault Ste. Marie, Ont. rink fell to Sweden 7-6 on Tuesday in Sochi, dropping their record to 1-2. The game was a tight affair, with the teams exchanging a series of deuces before the decisive 10th end. With the score tied at 6-6, Edin had the hammer and drew to the four-foot for the win. His final stone was so close, Edin had a hard time determining who was closest to the button. "When we shook hands, I had to ask them who won," Edin said. "It was kind of a weird moment not knowing." The win keeps Sweden undefeated through their first three matchees, while Canada suffers a second-straight loss after being upset 5-4 against Switzerland on Monday. Axel Witsel Jersey. "Were not flat, were just not making everything," Canadian third Ryan Fry said. "Against teams that are playing this good against us, you need to make everything." Canadas next game is on Wednesday against the host Russians at 10 a.m. ET, and Jacobs told CBCs Colleen Jones theyre expecting a raucous atmosphere at the Sochi Ice Cube. "We expect [Russia] to come out firing and the crowds obviously going to be really into it, probably the most into any game all week, because were Team Canada," Jacobs said. ' ' '