National Hockey League to accept $650million Seattle expansion application

NHL to accept $650 million Seattle expansion application

The arena agreement for Seattle is in place and the NHL said it will accept an expansion application from the city to create a new

The league's Board of Governors agreed to consider an expansion application from Seattle during their annual meeting in Florida on Thursday.

Bettman said the expansion fee has been set at $650 million for Seattle, which would become the league's 32nd team, if approved.

The news follows this weeks Seattle City Council vote to approve a Memorandum of Understanding between the city and the Oak View Group, which plans to renovate KeyArena, the former home of the NBA's SuperSonics in the city's Lower Queen Anne neighborhood. "This is a process that we go through".

"Obviously, there a lot of differences between Seattle and Quebec City, not the least of which is our conference alignment", Bettman said.

The NHL previously deferred an application for expansion from Quebec City in June 2016. This last season the National Hockey League opened an expansion team in Las Vegas, the Las Vegas Golden Knights.

Saudi buyer of Leonardo's Salvator Mundi has royal cash link
The previous owner of Salvator Mundi was a Russian businessman, Dmitry Rybolovlev, who purchased it for $127 million in 2013. The New York Times reported that it was bought by Saudi prince Bader bin Abdullah bin Mohammed bin Farhan al-Saud.

There are 31 National Hockey League franchises with the Western Conference holding 15 and the Eastern Conference having 16.

Hurricanes to be sold: Dallas billionaire Tom Dundon has signed a purchase agreement to buy a majority stake in the Hurricanes from longtime owner Peter Karmanos.

Seattle would have a natural rivalry with some of the other teams in the West, particularly those in Western Canada.

How a Seattle NHL franchise would work in terms of conference allocation or expansion draft players or even a team name has not yet been brought to the table, but the fact that Seattle has reached this point gives the city a step in the right direction of gaining a team. The team wont move from North Carolina, commissioner Gary Bettman said.

Latest News