Seattle set to apply for NHL expansion team
(TSX / STATS) -- A Seattle ownership group has been authorized to file an application for an NHL expansion team, NHL commissioner Gary Bettman said Thursday from Manalapan, Fla., where the league's board of governors are meeting.
"That doesn't mean we have granted an expansion team," Bettman said. "We have agreed as a league to take and consider an expansion application and to let them run in the next few months a season-ticket drive."
Bettman said the expansion fee has been set at $650 million for Seattle, which would become the league's 32nd team, if approved. The Vegas Golden Knights, who began play this season, paid a $500 million expansion fee.
The Seattle group includes Jerry Bruckheimer, a Hollywood producer, and David Bonderman, a private equity CEO.
The Seattle City Council approved a privately financed $600 million renovation to KeyArena on Monday with the aim of getting NHL and NBA franchises as tenants. Seattle lost the NBA SuperSonics to Oklahoma City following the 2007-08 season.
Updated December 7, 2017