Seattle receives permission to apply for National Hockey League team

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"We've agreed as a league to take and consider an expansion application, and to let them run in the next few months, a season-ticket drive", Bettman said. I think the rivalry with Vancouver as a potential would be nice.

The ownership group includes David Bonderman who is a private equity CEO and Jerry Bruckheimer who is a Hollywood producer.

"We're a little familiar with the city, but the level of due diligence that we will do is something the expansion process contemplates", he said.

On Monday, city council voted to begin renovations on the city-owned KeyArena in an effort to turn it into a premier venue that could be ready for an National Basketball Association or NHL team within three years. The Vegas expansion fee was $500 million. This announcement follows the first season of the Las Vegas Golden Knights, an expansion team added this season that has seen great success.

"We learned that we can get the technology to work but we needed it to work better so that it could be scalable", Commissioner Bettman said.

The Eastern Conference has one more team than the Western Conference.

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Though Seattle has never had an NHL team, the Pacific Coast Hockey Association's Seattle Metropolitans were the first USA -based team to win the Stanley Cup in 1917.

"I don't think today's events have any impact on Quebec City", said deputy commissioner Bill Daly. "But we've got homework to do".

Durkan on Thursday said the city will begin work on the season-ticket drive with Bonderman and Leiweke. KeyArena was originally built in 1962 and was occupied by the NBA's Seattle Supersonics over three spans, including until the franchise's relocation following the 2008 season.

Hurricanes owner Peter Karmanos Jr. and Dallas billionaire Tom Dundon made a presentation to the executive committee of the NHL's board of governors this morning in Manalapan, Fla.

Bettman said that apart from the salary cap update, Friday's agenda included the board of governors discussing business reports, the league's centennial celebration, games overseas, next season's schedule, esports endeavours, as well as player and puck tracking.

"We like (the team) where it is", said Dundon, 46, who has to sign a standard consent agreement that bars him from moving the team for at least seven years. "The rumours that it might be moving somewhere else are absolutely incorrect, made-up fabrications".