NHL Allows Seattle to Apply for Expansion Team

NHL Allows Seattle to Apply for Expansion Team

Seattle is the only city being considered for expansion at the moment, Bettman said.

The Oak View Group, which has pegged Bonderman and Bruckheimer as the lead owners for a potential National Hockey League franchise, is run by CEO Tim Leiweke, who previously headed Maple Leaf Sports and Entertainment.

"It is a work in progress but we're very confident that we're going to get this to work", Commissioner Bettman said, "and the amount of data that it will provide in addition to creating opportunities for broadcasters to use it in real time is pretty exciting".

OVG would privately finance a $600 million remodel of the aging arena.

Bettman told reporters at the conclusion of the league's board of governors meeting Friday that the projected salary cap for 2018-19 will be somewhere between US$78 million and $82 million, up from the current $75 million. In small-market Quebec City's case, a $650 million expansion fee would cost close to $850 million in Canadian dollars after the exchange rate is factored in.

"It is envisioned that the terms of an expansion agreement, would it go forward, would basically be the same as Las Vegas - except the price", Bettman said, speaking at the league's Board of Governors meeting. As for potential names, the Seattle Times asked its readers about potential monikers and got a bevy of responses including the Metropolitans, Silvertips, Thunderbirds and Totems.

Winter weather alerts issued for parts of Upstate NY for snow
The Pinpoint Weather Team expects the snow to pick up Saturday afternoon and evening before coming to an end Sunday morning. Benji's snowfall is slowing down in Texas Friday morning and moving toward the Gulf Coast and the Mid-Atlantic.

The Eastern Conference has one more team than the Western Conference.

The NHL was specific in pointing out that Seattle is likely an expansion team, not a relocation like some had speculated. "But I think there is a lot of pent up appetite in Seattle for this", Durkan said. Seattle lost the NBA SuperSonics to Oklahoma City following the 2007-08 season.

Las Vegas was permitted to start a ticket drive in December 2014 before allowing prospective owner Bill Foley to apply for an expansion franchise six months later, meaning that the process has been sped up for the Seattle group. We'll be working together closely.

"We like (the team) where it is", said Dundon, 46, who has to sign a standard consent agreement that bars him from moving the team for at least seven years.

Bettman stressed that a condition of the sale is for the Hurricanes to remain in Raleigh, North Carolina, despite Dundon's ties to Texas.

"The club is not going anywhere with Mr. Dundon's purchase, and for those of you who know geography, the fact that he lives in Dallas and that happens to be in the same state as Houston has nothing to do with anything".

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