Sep 3, 2014, 5:38 PM EST
Gary Bettman and other NHL executives have shot down expansion rumors already this summer, but he provided the Canadian Press with an interesting wrinkle on Wednesday: even if expansion was happening, a $1.4 billion haul in fees for four teams wouldn’t do the trick.
“The part of the story I found particularly difficult was the suggestion we would sell four franchises for $1.4 billion is way too low,” Bettman said. “It undervalues our franchises.”
Bettman was elaborating on his previous denial of an August 26 report from the Sports Business News’ Howard Bloom that the NHL would add four teams (Quebec, Seattle, Las Vegas and an additional Toronto team) by 2017 with that aforementioned $1.4 billion in expansion fees.
Naturally, such a claim won’t stop people from speculation. One can just imagine responses along the lines of “how much would it take for such an estimate to be proper value in the NHL’s eyes?”
Either way, it sounds like expansion speculation will remain just that, at least for now.
Dec 22, 2014, 12:16 AM EST
He’s the oldest goalie to win his debut since Hugh Lehman in 1926.
Dec 21, 2014, 10:38 PM EST
Buffalo suffered its third straight loss.
Dec 21, 2014, 10:07 PM EST
Toronto has lost three straight games.
Dec 21, 2014, 9:42 PM EST
Will this be the worst season Edmonton has ever had?
Dec 21, 2014, 9:09 PM EST
Varlamov is expected to be back on Tuesday.
Dec 21, 2014, 8:17 PM EST
Bartkowski received a game misconduct.
Dec 21, 2014, 7:39 PM EST
The Stars swapping goaltenders didn’t slow Edmonton.
Dec 21, 2014, 6:48 PM EST
He had been playing with Patrick Kane and Kris Versteeg.
Dec 21, 2014, 5:56 PM EST
The Hurricanes are getting close to full strength.
Dec 21, 2014, 5:00 PM EST
Will Calvin Pickard be sent to the minors once Varlamov is healthy?
Dec 21, 2014, 3:45 PM EST
Rob Zepp makes NHL debut
Dec 21, 2014, 3:00 PM EST
Collapsed on the team’s bench Saturday night.
Dec 21, 2014, 2:15 PM EST
Was fired by the Oilers Dec. 15.
Dec 21, 2014, 1:30 PM EST
The 33-year-old was recalled Friday.
Dec 21, 2014, 12:45 PM EST
The Penguins forward was penalized twice for embellishment on Saturday.
Dec 21, 2014, 12:00 PM EST
Torrey Mitchell and Tyson Strachan have been placed on IR
Dec 21, 2014, 11:15 AM EST
They’re not impressed with how Bylsma and his staff were treated.
Dec 21, 2014, 10:30 AM EST
He called it “no big deal”
Dec 21, 2014, 9:45 AM EST
Had just one goal in eight games prior to the injury.
Dec 21, 2014, 1:18 AM EST
Christopher Tanev scored the overtime winner on his birthday.
- Flyers rally as Zepp wins his career debut at 33 years old 0
- Oilers squander three-goal lead, lose 18th time in 19 games 7
- Pickard makes one last bid to stay, beats Wings in nine-round SO 1
- Video: Bartkowski delivers controversial hit to Gionta, fights Foligno 24
- Giroux line takes Leafs ‘to school’ in Flyers’ 7-4 victory 17
- Wolverine Pacioretty gets two assists just two days after being hospitalized 18
- Ovechkin scores beauty as Caps shutout Devils 8
- Seriously? Stress fracture sidelines Columbus’ Jenner for 1-2 months 6
- Julien chides Bruins’ offense for too many cute plays 40
- Sens roll over Ducks, who ‘weren’t ready’ 11