undergroundnewsroom.com March 21, 2018

NHL Agrees to Consider Seattle Expansion Proposal

09 December 2017, 10:41 | Gordon Grant

San Jose Sharks

San Jose Sharks

Bettman added relocation of an existing team could also be an option, but not one the league is considering at the moment.

The NHL is opening its doors to Seattle.

Bettman said the expansion fee has been set at $650 million for Seattle, which would become the league's 32nd team, if approved. Bettman said that process should be completed in the next month. "I can't stop that speculation". That the league offered both of these steps to Seattle at once? "I have every confidence that that partnership will go very smoothly".

He said in August he wanted to sell the Hurricanes for about $500 million. The group initially offered $600 million but agreed to pay the higher price.

"If we don't have a franchise a year from now, they should take me and put me on top of that arena and while they start tearing that arena down, they should let me dive into the middle of the rubble because I haven't done my job", said Leiweke this week.

"We like (the team) where it is", said Dundon. "The rumors that it might be moving somewhere else are absolutely incorrect, made up, fabrications, wrong, wrong, wrong".

"Wrong, wrong, wrong. The club is not going anywhere with Mr. Dundon's purchase".

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The process with the National Hockey League possibly coming to Seattle will be similar to how the process transpired in Las Vegas with the Golden Knights.

The NHL previously deferred an application for expansion from Quebec City in June 2016. "I don't think today's events have any impact on Quebec City", deputy commissioner Bill Daly said Thursday. "If, if, if Seattle submits an expansion application and is approved by the board, then you have your other team in the West and you've solved your balance issue". "They are still working on getting a building in Arizona", Bettman said. If you're a Calgary Flames fan, how could you be encouraged by this quote from Bettman? "From everything I know viscerally, I think it will be a good market. It's kind of numbing", said Barr. "We're not in control of that timeline".

The sale of the Carolina Hurricanes could be announced as early as this afternoon. "I think the geographic rivalry with Vancouver as potential will be nice". "Obviously we have to get the arena in place".

The salary cap for the 2017-18 season is $75 million.

The projected salary cap increase of at least $3 million would mark the biggest jump since it went from $64.3 million in 2013-14 to $69 million in 2014-15.

Bettman projected the revenue for the current season to be $4.85 billion.

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