NHL Picks Las Vegas for League’s Next Expansion Team
Wednesday, June 15, 2016
The National Hockey League (NHL) has chosen Las Vegas as the site of its next expansion team, provided that organizers and afford a $500 million fee.
The NHL's board of governors is set to hold a formal vote during a June 22 meeting in witch two-thirds of the board needs to approve the recommendation.
The new team in Las Vegas would be the 31st in the league and the 15th in the NHL's Western Conference. The team would also be the first major sports franchise in Las Vegas.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTThe new team would not start until the 2017-18 season at the earliest.
Quebec City was also in the running for an NHL team.
Previous NHL Expansion
he last NHL expansion took place in 2000 when teams were put in Minnesota and Columbus.
According to Forbes, Minnesota is valued at $380 million while Columbus is valued at $226 million.
Both of those teams paid $80 million to join the league.
For more on the value of the current NHL franchises, GoLocal teams with Graphiq.
Related Articles
- Report: Providence Top 10 Non-NHL Hockey City
- WBZ’s Burton: NHL Lockout Could End Tuesday or Wednesday
- PC’s Gillies Signs Three Year Deal With NHL’s Calgary Flames
- NEW: Bruins Rank as 5th Most Valuable Franchise in NHL
- WhaleRock’s Berard Reflects on Brutal NHL Eye Injury 16 Years Later
- Bruins-Red Wings Open Series Friday
- GoLocal Sports tackles Hernandez, Bruins and more
- Bruins Players Roasted on Fallon’s Tonight Show
- Bruins and Canadiens To Open Series Thursday Night
- P-Bruins Fraser Lifts Boston Past Montreal In OT
- Bruins, Blackhawks fight to finish in OT thriller
- Hawks Beat Bruins 4-3 in Triple OT
- Bruins stun Leafs in Game Seven
- Bob Lobel: Bruins- How Tweet It Is
- Providence Bruins Lose the Game But Win Big Fight
- Bruins win game 3 in double OT 2-1
- Milan Lucic’s Handshake Antics After Bruins Lose Game 7 to Habs
- Bruins Griffith Scores on Crazy No Look Between the Legs Shot
- Major Roster Moves Overshadow Bruins Draft
- NEW: Boston Bruins to Play Exhibition Game in Providence
- Boston Bruins Send Former Friar Acciari Down to P-Bruins
- 10 Things to Watch During the 2015-2016 Boston Bruins Season
- NEW: Boston Bruins Sign PC’s Acciari to 2 Year Deal
- NEW: Boston Bruins Name Don Sweeney General Manager
- Bruins Chara Drops Tampa’s Paquette
- Gronkowski Spikes Hockey Puck Prior to Bruins Game
- 10 Reasons Why We Need the Bruins and Celtics to Make the Playoffs
- NEW: Bruins Relieve GM Chiarelli of Duties
- Bruins Marchand Suspended 3 Games - See The Hit
