Wednesday, June 22, 2016

It's Official, Vegas Finally Gets A Pro Team!

Las Vegas awarded NHL franchise 

Expansion team will begin play in 2017-18 season

LAS VEGAS -- The NHL is coming to Vegas baby, Vegas.

Commissioner Gary Bettman announced Wednesday in the ballroom of Encore at Wynn Las Vegas that the League has granted an expansion franchise to Las Vegas that will start playing as its 31st team in the 2017-18 season. The Las Vegas franchise was approved in a unanimous vote conducted during the Board of Governors meeting here Wednesday.
The NHL becomes the first of the four major North American professional sports leagues to put a team in Las Vegas. This will be the NHL's first expansion team since the Columbus Blue Jackets and Minnesota Wild came into the League in the 2000-01 season.

The League will receive a $500 million expansion fee from Bill Foley, the billionaire businessman who spearheaded the Las Vegas expansion bid and will be the franchise's principal owner. The $500 million will be distributed equally among the existing 30 teams.

(NHL.com)

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