Wednesday, 12 December, 2018

National Hockey League approves Seattle team backed by billionaire Bonderman for 2021 season

Jerry Bruckheimer left and David Bonderman center and Tod Leiweke announce their NHL Seattle ownership group in April NHL votes to give expansion franchise to Seattle
Sergio Cook | 07 December, 2018, 10:15

"Today is an exciting and historic day for our League as we expand to one of North America's most innovative, lovely and fastest-growing cities", NHL Commissioner Gary Bettman said in a statement.

The team is set to begin play in the 2021-22 season, meaning the expansion draft will take place three summers from now. "We're here to win".

Literally, people just want to be able to yell "Release the Kraken" on game day.and that is their right. "So we're going to look at these timelines and how it can be put to our advantage". The Coyotes are staying in the desert, but they're moving out of the Western Conference's Pacific Division as part of the NHL's upcoming realignment that will coincide with the welcoming of the new Seattle franchise to the league.

Labor uncertainty also hovers over all things National Hockey League because owners or players can vote in September 2019 to opt out of the current collective bargaining agreement one year later - right before the beginning of the 2020 season.

The NHL's 32nd franchise team is just hours away the Canadian-American border. "It's an ever-changing world out there right now in the hockey world between coaches and GMs".

The Red Wings and other clubs got $17.2 million each from Las Vegas' expansion fee.

Owners will share in a $650-million expansion fee from Seattle's ownership group - an increase from the $500-million that the Vegas Golden Knights recently paid to become the NHL's 31st team.

The move will see the Coyotes moved away from their geographical rivals, with the Vegas Golden Knights, Los Angeles Kings and Anaheim Ducks being the three closest teams now.

The top-ranked team in the Pacific now, the Calgary Flames, would sit third or fourth in the Central based on current point totals. Nobody expected that from them. They also get that windfall with some distance between now and the scheduled end of the current collective-bargaining agreement with the players in 2023, a point at which the league will inevitably start tutting about troubled team finances and the need to squeeze certain concessions from the union. "That's the key to getting your team up and running and keep sustaining your team, you've got to have good scouts to help you out". It's a city with disposable income and the itch to spend it on a new team.

First, there are real bricks. The Seattle City Council approved the plan in September, which is privately funded by the Oak View Group. As it stands, team President Tod Leiweke said the hope is the building will open in the first quarter of 2021.

It will also pick up on a hockey history in the city. Virtually no one will be willing to take on a player like that now knowing that they will need to protect them over other defensemen when the time comes. "We are poised to go into this incredibly successful, wonder market - the fastest growing market in the National Hockey League, and we deliver to the NHL great ownership".

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