Could the NHL be looking at Expansion again? There are two top options left
A sheet: David Pagnotta on Sheet and Jeff Marek on NHL expansion, with Atlanta and Houston the top two options.
** NHLRumors.com subscription
Marek: “First, let’s start with something juicy, Atlanta, Houston, I believe the destinations are ua and places B, expanding the horizon. Dave Pagnotta.”
Pagnotta: “Yes, look, it’s not surprising that, you know, since the NBA is growing in relation to Las Vegas and Seattle, and it’s going through that process. The MLB is also talking about expansion. It’s not really surprising, that the NHL will return to this train. And this has been something that works for a long time.
NHL Injuries: Red Wings, Panthers, Wild, Islanders, Rangers, Senators, Flyers, Sharks, and Leafs
I explained it earlier this week. They’re not going to go through a formal and legal expansion process, because that’s going to come out and find people who might be interested in the league and the teams and the markets and all that. They know what their options are. He recently listed two of them, Atlanta and Houston.
So once the ducks are in a row, they will start to get those closer to the goal line. But you know, look, Atlanta is building their place now. They formed their own entertainment district with Vernon Krause’s band. All indications point to it being one that is ahead of the curve and ready to go when it is about to expire. And at that time, they will check the expansion process at that time.
Also, the league knows what their options are there in Atlanta. They know they have options in Houston, it sounds like a couple. And they know they have interest groups in other markets as well. So going through the formal process is not necessary. They’re going to sit back, wait, and when somebody’s ready to cough up two billion dollars, it could be a lot more than that, they’re going to sit back and say, ‘Okay, now we’re going to take that call.'”
Marek: “You feel like 3 (billion) dollars now, right? It’s like, ‘Oh yeah. Yeah, (2 billion dollars), like that was the price five minutes ago, but now, now we’re looking at 3B. Thank you very much.’
Pagnotta: “Yes. No, I think, I think you’re right. I mean, look at Carolina, they put their value at $ 2.66 billion, and they sold 12.5%. Before that went on at the beginning of the season, Vegas started the process of looking for 10%, looking to sell 10% of their team. At that time, I didn’t know where the $ 20 was. There is already an agreement, but if it’s not there, it should be I thought that $ 200 million will be closer to $ 300 million To have a valuation of 3 billion in the Vegas franchise, if Carolina looks at $ 2.6 (billion), Vegas, at least three.
NHL Rumors: What ‘Core’ Should Vancouver Canucks Keep?
So on the expansion side, yes, you’re looking at that two to three range. It would certainly be closer to three. Last year it was 1.5 right? In that way, the way the league is, the way it is, it’s pretty amazing. And then you realize you made a fuss. Well, that’s right, the NBA is looking at seven to 10 billion for their franchise to go at least three times in the NHL at any given time. “
We had to restart our X account. Please follow @MyNHLRumorsX
Have you subscribed to our YouTube channel? Rumors and hot topics from around the league. We also post some stuff on Instagram.
If you like our reporting, choose NHLrumors.com as a favorite source on Google.
