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re: NHL approves expansion team to Las Vegas

Posted on 6/22/16 at 5:41 pm to
Posted by sms151t
Polos, Porsches, Ponies..PROBATION
Member since Aug 2009
139863 posts
Posted on 6/22/16 at 5:41 pm to
The Vegas people now have to pay 500 million franchise fee and have an arena completed I believe.

I'm not sure if it happens yet still. I have been skeptical but it seems a go so far.
This post was edited on 6/22/16 at 5:42 pm
Posted by CRDNLSCHMCPSN11
Member since Dec 2014
17358 posts
Posted on 6/22/16 at 5:47 pm to
I heard last time league expanded entry fees were only $80M.
Posted by CtotheVrzrbck
WeWaCo
Member since Dec 2007
37538 posts
Posted on 6/22/16 at 5:52 pm to
the $500 million fee is a robbery.

I'd have declined on that account alone. This deal was done years ago. The new arena was built with the agreement in principle that a NHL team would be coming to Vegas by either expansion or the assumed move of the Phoenix franchise.

NHL has become less of a sport and more of simple money play by putting teams in cities where hockey has no roots.
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