Gary Bettman expects salary cap to rise for 2018-19 season

Bill Rogers
December 9, 2017

NHL commissioner Gary Bettman announced after a Board of Governors meeting in Palm Beach, Fla., that the league has received a request to file an expansion application from billionaire investment banker David Bonderman and Hollywood producer Jerry Bruckheimer.

Bettman said the fee has been set at US$650-million for Seattle - which would be the NHL's 32nd team - up from the $500-million Las Vegas paid to join the league in 2016. But that doesn't mean there is a lack of speculative alternatives on the table.

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

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

The NHL was specific in pointing out that Seattle is likely an expansion team, not a relocation like some had speculated. "But I think there is a lot of pent up appetite in Seattle for this", Durkan said.

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Besides spending $600 million to refurbish KeyArena, Leiweke's group also has pledged an additional $60 million to a separate city transportation fund and to various community charities. We'll be working together closely. "I think we'll meet the benchmarks we need to meet and in the mean time we'll be negotiating the side agreements, doing the environmental work and moving forward so we can open when the National Hockey League wants to come".

Bettman, who added the Arizona Coyotes continue to work towards a new arena, was emphatic in his remarks that the Hurricanes will be staying in Raleigh.

"Wrong, wrong, wrong. The club is not going anywhere with Mr. Dundon's purchase".

Karmanos said having a majority owner committed to Raleigh was important. "The league is not amenable to moving franchises at all".

Other reports by TheSundaySentinel

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