If you feel the same I have a nice software for you that uses P2p technology to provide free TV streams. Its a Chinese program but you will be able to watch most of the big US leagues like NHL and also European soccer games live.

The quality of the stream is ok, you should have a broadband connection to enjoy the games though. Please also note that the TV stream quality depends largely on the source and the number of users who are watching the channel at the same time.

You can download the tool at sopcast

After your download has finished simply unpack the software to a location and start sopcast.exe. The channel list will be populated, click on a channel and windows media player opens and tries to connect to it.

The most interesting channels with good quality for sports events are:

CCTV 5 (currently german bundesliga live)
Star Sports
Soccer (demo)

You can also provide your own stream to the crowd, for more information on additional channels visit the sites forum.

Check out the following articles for a list of sports related sites that keep up to date lists of sport events, the programs they are streamed in and the channels that you can watch them: Myp2p.eu Alternatives and Wiziwig.tv.

Both sites are updated several times a day with the latest information. It is often easier to go to one of the sites to find out where a match you are interested in is broadcasted. all you need to do then is to click on the link to open the channel in the software, provided that it is installed on your computer.