NHL Accepts Seattle Ownership Group Expansion Application

Tammy Harvey
December 9, 2017

The league opened the board of governors meeting Thursday by announcing it has agreed to consider an expansion application from billionaire David Bonderman and filmmaker Jerry Bruckheimer for Seattle, The franchise would cost $650 million, and allow the pair to start a season-ticket drive to gauge interest. "I think we'll meet the benchmarks we need to meet and in the mean time we'll be negotiating the side agreements, doing the environmental work and moving forward so we can open when the National Hockey League wants to come". "But we're committed to doing it and we're investing a fair amount of money to do it".

"That doesn't mean we have granted an expansion team", Bettman said.

He said the League will roll out testing of the new technology at future events, including, perhaps, at the 2018 All-Star Game in Tampa.

And not every market can afford to pay that fee and make it work.

The league also has been eyeing Seattle as a solution to address the 16-to-15 team imbalance between its Eastern and Western conferences.

The league deferred its decision on Quebec City's expansion bid when awarding a franchise to Las Vegas.

OVG CEO Tim Leiweke going as far as asking Seattle to hold him accountable. In most cases, agreements for an arena are the central cause and as long as those issues go unresolved, Houston hockey fans can wishfully think of these four teams as relocation candidates.

This past season, the cap jumped $2 million from $73 million overall in 2016-17, with players utilizing the escalator clause in order to raise the space.

"I'm hoping to meet with or speak with Mr. Bonderman soon as well as having constant communication with Mr. Leiweke", Durkan said.

"I think we'll see the launch after the first of the year because it's not the time right now to be launching that kind of campaign".

"I said yesterday I thought we were on the path, I didn't know it would happen so quickly", Durkan laughed. "But we've got homework to do". We've got to show that we're moving that around. The Golden Knights made their debut this season. "We want to work together, so we're thinking about it". "I have every confidence that that partnership will go very smoothly".

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