National Hockey League says it will consider Seattle expansion bid

San Jose Sharks

On Friday, NHL commissioner Gary Bettman shared a salary cap projection during a board of governors meeting held in Manalapan, Florida.

Seattle's expansion fee has been set at US$650 million - which is $150 million more than the expansion fee Bill Foley paid for the Vegas Golden Knights, an expansion team that started playing this season. But that doesn't mean there is a lack of speculative alternatives on the table. But a renovated KeyArena is not expected to be ready until October 2020 at the earliest, leaving no place to accept a relocated team in the short term.

The process will be similar to Las Vegas relocation.

The board of governors were coincidentally meeting about 10 kilometres south of Trump's private Mar-a-Lago club.

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

Bettman added Seattle is the only market being considered for expansion at the moment, which means an National Hockey League team won't be playing in Quebec City's Videotron Centre in the foreseeable future. "But I think there is a lot of pent up appetite in Seattle for this", Durkan said.

Barring issues with the season-ticket drive - or a snag with the KeyArena renovation plan - it appears an expansion team will be headed Seattle's way. "We want to work together, so we're thinking about it".

"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. Yes, even the Arizona Coyotes.

Karmanos said having a majority owner committed to Raleigh long-term was crucial. "The consideration was, 'Am I going to buy a franchise that operates in Raleigh?"

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