NHL Agrees to Consider Seattle Expansion Proposal

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The expansion fee will be $650 million.

The NHL Board of Governors has agreed to accept an expansion application from Seattle, NHL Commissioner Gary Bettman announced Thursday.

He made the announcement after the first day of the board of governors meeting in Manalapan, Fla.

Earlier this week, the Seattle city council approved a $600 million renovation for KeyArena after the plans were submitted back in September.

"It does not mean that we are opening a new expansion process".

There's no guarantee that Seattle will land a professional hockey team, but it's now up to sports fans in the rapidly growing city to demonstrate that they'd be willing to support a team - beyond the Seahawks or the Mariners - with their season-ticket dollars. Las Vegas' cost $500 million.

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. She hopes to meet with potential owner David Bonderman soon.

During this expansion process. only Seattle will be considered, which would mean Quebec City will have to continue to wait for a potential franchise, as well as Houston, which has seen early-stage talks take place between the National Hockey League and Rockets owner Tilman Fertitta. Karmanos will retain an equity stake in the franchise. He's also an investor in the Top Golf chain of golf and entertainment facilities and a key financier of a new golf course in Dallas.

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