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Las Vegas, Quebec City advance in NHL expansion process
http://sports.yahoo.com/news/quebec-city-advances-3rd-stage-nhl-expansion-process-212136872--nhl.htmlLas Vegas and Quebec City advanced to the third and final formal stage to land NHL expansion franchises....
A person familiar with the process told The AP that the third stage involves the NHL reviewing the applicants' business plans and revenue projections. The person spoke on the condition of anonymity because the NHL has not revealed the details of the process.
The third stage is scheduled to end next month. Barring setbacks, it would then be up to the league and board of governors' approval to award expansion franchises, the person added....
Commissioner Gary Bettman has proposed an expansion fee of $500 million. That's a significant jump from the $80 million fee paid by the Columbus Blue Jackets and Minnesota Wild, when the NHL last expanded to 30 teams in 2000.
A person familiar with the process told The AP that the third stage involves the NHL reviewing the applicants' business plans and revenue projections. The person spoke on the condition of anonymity because the NHL has not revealed the details of the process.
The third stage is scheduled to end next month. Barring setbacks, it would then be up to the league and board of governors' approval to award expansion franchises, the person added....
Commissioner Gary Bettman has proposed an expansion fee of $500 million. That's a significant jump from the $80 million fee paid by the Columbus Blue Jackets and Minnesota Wild, when the NHL last expanded to 30 teams in 2000.
Half a billion?
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
http://sports.yahoo.com/blogs/nhl-puck-daddy/what-if-nhl-doesn-t-expand-to-quebec-city--las-vegas-after-all-152057618.html
My heart bleeds for him.
It was announced recently that Quebec City and Las Vegas have entered “Phase III” of the NHL expansion process, which we assume is the talent portion. Can’t wait to see Bill Foley spinning plates while singing the national anthem …
To that end, Shannon sees all three scenarios as possible: Two teams, one team or no teams at all added in this round of expansion:...
Which brings us, uncomfortably, to the Carolina Hurricanes.
As the News & Observer notes, Peter Karmanos has yet to find a buyer for the team that will ante up millions while allowing him to continue to run it. (“Here, buy my used car; oh, yeah, one thing – I get to keep the keys.”)
To that end, Shannon sees all three scenarios as possible: Two teams, one team or no teams at all added in this round of expansion:...
Which brings us, uncomfortably, to the Carolina Hurricanes.
As the News & Observer notes, Peter Karmanos has yet to find a buyer for the team that will ante up millions while allowing him to continue to run it. (“Here, buy my used car; oh, yeah, one thing – I get to keep the keys.”)
My heart bleeds for him.
