Las Vegas is the NHL’s choice for an expansion team, provided organizers can come up with a $500 million fee.
The information has been provided by a person with direct knowledge of the decision, and they spoke today on the condition of anonymity because details have not been released by the league ahead of the Board of Governors meeting June 22nd.
The 2017-2018 season would be the earliest the league would expand.
NHL Commissioner Gary Bettman had proposed an expansion fee of $500 million, a huge jump from the $80 million paid by the Columbus Blue Jackets and Minnesota Wild when the latest expansion occured in 2000.
The Las Vegas bid has already secured more than 13, 200 season ticket deposits for a potential team. A 20,000 seat arena near the Las Vegas Strip opened in April.
Quebec City was also considered for expansion.