NHL Expansion Price Tag 'Substantially More Than A Billion' And Other Takeaways From Gary Bettman's Presser In Buffalo

Vancouver Canucks

Adam Kierszenblat

15h

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BUFFALO — Gary Bettman has never been one to shy away from the NHL's upward economic trajectory.

During his latest media availability at KeyBank Center, held before Game 2 of the first-round playoff series between the Buffalo Sabres and Boston Bruins, the NHL commissioner weighed in on several topics, including the valuation of franchises.

For years, the magic number for NHL expansion was trending toward the billion-dollar mark. After all, the Vegas Golden Knights joined in 2017 for $500 million and the Seattle Kraken for $650 million in 2021.

The NHL is officially moving past the billion-dollar mark as commissioner Gary Bettman signals a massive surge in franchise valuations and future expansion fees.

thehockeynews.comNHL Expansion Price Tag 'Substantially More Than A Billion' And Other Takeaways From Gary Bettman's Presser In BuffaloThe NHL is officially moving past the billion-dollar mark as commissioner Gary Bettman signals a massive surge in franchise valuations and future expansion fees.

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