Sources: Austin, Texas throws its hat into NHL expansion ring as franchise fee hits $2 billion
our markets were already jockeying in the quest for the next NHL expansion franchise, but a fifth has recently entered the chat.
The conversation on NHL expansion beyond 32 clubs is expected to grow in the coming months with a new Collective Bargaining Agreement announced on Friday, pending expected ratification. The NHL will continue to field expressions of interest from potential markets.
The League, which informed interested parties that the expansion fee is a tidy $2 billion, updated the Board of Governors at their annual June meeting on Wednesday prior to the Draft. The four cities shared with the BOG are Atlanta, Houston, Indianapolis and New Orleans.