National Hockey League says Seattle can apply for franchise, start season-ticket drive

Getty Images

The iconic sloped roof of KeyArena, center, a sports and entertainment venue at the Seattle Center, is seen from above Monday, Dec. 4, 2017, in Seattle.

Durkan told reporters Wednesday the deal with Los Angeles-based Oak View Group is the best path for Seattle to get an National Hockey League team and bring back the NBA.

NHL commissioner Gary Bettman told reporters on Thursday that the league's board of governors have agreed to accept/consider an expansion application from Seattle and allow billionaire David Bonderman and his group of investors to conduct a season ticket drive.

Bettman said the expansion fee has been set at US$650 million for Seattle, which would become the league's 32nd team.

What Bettman is asking of Seattle isn't all that different of the Vegas Golden Knights, who are now in their inaugural season and are in second place in the Pacific Division. "This is a process that we go through". The Vegas expansion fee was $500 million. The Vegas Golden Knights began operations this season and are in the playoff chase.

There are no guarantees yet for an National Hockey League team, but the process has begun in terms of due diligence of Seattle.

Bettman said the group is only looking at Seattle for expansion, leaving Quebec City and Houston alone. "Our plan is just to look at Seattle at this point".

Although Seattle has never had an NHL team, the Seattle Metropolitans, who played in the Pacific Coast Hockey Association from 1915-24, won the Stanley Cup in 1917, defeating the Montreal Canadiens 3-1 in a best-of-5 series, the NHL said. But that's not something we're focused on right now. "But I think there is a lot of pent up appetite in Seattle for this", Durkan said.

Related News:

  • Delhi International Film Festival Pays Tribute To Stalwarts Of The Entertainment Industry

    Delhi International Film Festival Pays Tribute To Stalwarts Of The Entertainment Industry

    Egyptian Wahid Hamid, who has been producing script for Arab TV and cinema for more than 40 years, was also rewarded. The festival was honoured by the presence of His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum.
    Time to Reconsider Aerovironment Incorporated (NASDAQ:AVAV) After Less Short Sellers?

    Time to Reconsider Aerovironment Incorporated (NASDAQ:AVAV) After Less Short Sellers?

    Announces Fiscal 2018 Second Quarter Results" published on December 05, 2017, Businesswire.com published: " AeroVironment, Inc . The firm owned 35,046 shares of the aerospace company's stock after acquiring an additional 19,136 shares during the period.

    Uber's future in Sheffield in jeopardy after suspension of license

    Private hire firm Uber has had their licence suspended in Sheffield throwing the future of the city operation into doubt. . A spokesman for the council said: 'If it decides against an appeal the suspension will come into force'.
  • Johnson & Johnson (JNJ) Shares Bought by IFM Investors Pty Ltd

    The company reported $1.83 earnings per share for the quarter, topping analysts' consensus estimates of $1.77 by $0.06. The Pennsylvania-based Conestoga Cap Advsrs Ltd Liability Corp has invested 0.03% in Johnson & Johnson (NYSE:JNJ).
    Safety tips to help prevent Christmas tree fires this holiday season

    Safety tips to help prevent Christmas tree fires this holiday season

    This is the 13th year for Trees for Troops and they have achieved a milestone by reaching over 2 hundred thousand trees delivered. Her latest tree was decorated for the Pathways Center in Greensboro - a family shelter operated by Greensboro Urban Ministry.
    BMO Capital Markets Reiterates Outperform Rating for Sage Therapeutics (SAGE)

    BMO Capital Markets Reiterates Outperform Rating for Sage Therapeutics (SAGE)

    The rating was upgraded by Chardan Capital Markets to "Buy" on Friday, November 10. (NASDAQ: SAGE ) earned "Hold" rating by H.C. Sage's shares crumbled in September when its lead drug failed to outperform a placebo in treating a rare form of seizures.
  • Georges St-Pierre On Defending His Middleweight Belt: 'I Don't Think So'

    Georges St-Pierre On Defending His Middleweight Belt: 'I Don't Think So'

    Rockhold (16-3-0) is a former UFC Middleweight Champion, defeating Chris Weidman by fourth round TKO at UFC 194 to become champ. As a result, there are reports that a possible showdown between Rockhold and Whittaker could take place in early 2018.

    Pfizer Inc. (PFE)'s Stock Formed A Several Months Double Top Pattern

    The Comgest Global Investors Sas holds 30,400 shares with $1.89M value, up from 24,400 last quarter. (NYSE:PFE) for 18.69M shares. Korea Investment Corp decreased Liberty Ppty Tr (NYSE:LPT) stake by 68,500 shares to 129,000 valued at $5.25 million in 2017Q2.

    SeaWorld Entertainment, Inc. (SEAS)

    Poplar Forest Capital Llc increased Aecom (NYSE:ACM) stake by 65,169 shares to 1.41 million valued at $45.53 million in 2017Q2. In a transaction dated August 24, 2017, the shares were bought at an average price of $13.32, giving away a sum of $4,488,840.
  • Livestreaming, New Games Coming to Facebook Messenger

    Livestreaming, New Games Coming to Facebook Messenger

    Video chats are a great way for people to connect, discuss and share moments with each other when text just isn't enough. Facebook said it will start testing the feature soon and will introduce the video chat tool early next year.
    Ex-banker Mateusz Morawiecki proposed as Poland's new PM

    Ex-banker Mateusz Morawiecki proposed as Poland's new PM

    Finance Minister Mateusz Morawiecki to become new PM? Deputy Culture Minister Jaroslaw Sellin said the vote will take place on Tuesday.
    Analyst's Predictions on Harley-Davidson, Inc. (HOG), QUALCOMM Incorporated (QCOM)

    Analyst's Predictions on Harley-Davidson, Inc. (HOG), QUALCOMM Incorporated (QCOM)

    The stock of Oxford Industries, Inc. (NYSE:HOG) has "Underperform" rating given on Wednesday, October 19 by RBC Capital Markets. Ameritas Partners holds 0.01% in Harley-Davidson, Inc. (NYSE:HOG) on Wednesday, April 19 with "Sector Perform" rating.


Most liked

California wind, fire danger hit unprecedented high
Los Angeles Mayor Eric Garcetti declared a state of emergency while 11 Los Angeles Unified schools canceled Wednesday classes. The fire was burning in the Hollywood Hills near the exclusive Bel Air neighborhood, home to many celebrities.

Market player: CenterPoint Energy, Inc. (CNP) ,Crown Castle International Corp. (REIT) (CCI)
It turned negative, as 46 investors sold CCI shares while 195 reduced holdings. 80 funds opened positions while 235 raised stakes. CCI traded at an unexpectedly high level on 06/12/2017 when the stock experienced a 0.34% gain to a closing price of $109.18.

Diehard Bargain Hunter: Mondelez International, Inc. (MDLZ), Dell Technologies Inc. (DVMT)
Shares of MDLZ have uptrended 5.79% in the past three months, while the S&P 500 has moved -1.34% in that time. When investing in a volatile security, the risk of success is increased just as much as the risk of failure.

Champions League: United, Juve into Last 16; as Bayern Beat PSG
It's normal - first match of the season for him. "And he's going to get more because the performance was really positive". But Shaw took his chance last night, playing the full 90 minutes of United's 2-1 win over CSKA Moscow .

Fallen Kingdom' Trailer Is Here Because Life Finds A Way
With a figure like that, it's hardly suprirrisng that a sequel, which we now know as Jurassic World: Fallen Kingdom , was ordered. There's also a nod to the original movie, with a quick shot revealing an old truck emblazoned with the Jurassic Park logo.

Hess Corporation (HES) Formed Bullish Inverse Head & Shoulders; Buyers Could Thrive
The oil and gas producer reported ($1.07) EPS for the quarter, beating the Zacks' consensus estimate of ($1.29) by $0.22. The fund owned 538,416 shares of the oil and gas producer's stock after selling 66,260 shares during the period.

HWL Final: India knock out Belgium via penalty shootout, enter semi-finals
Four minutes later, it was doubled, thanks to a ferocious penalty corner flick from Harmanpreet Singh. It was again Gurjant-Sunil combination that produced the opportunity in the 18th minute.

Acepta Aurelio Nuño coordinar precampaña de José Antonio Meade
A través de su cuenta de Twitter , Meade mostró una fotografía en la que se le ve al volante y a su lado a un sonriente Nuño. Ha sido pieza fundamental para que todos los logros en educación se hayan hecho realidad", aseveró.

Bigg Boss 11: Divya Agarwal's Entry Makes Priyank Sharma Teary Eyed
She wanted to scold him, but after seeing him, she is not able to! "You don't need anyone, you are enough for yourself", she adds. In a sharp contrast, Hina has sportsmanship and in the last episode, too, she congratulated Arshi on becoming the captain.

Meek Mill Working Multiple Jobs in Prison for Little Pay
After another failed attempt to appeal Meek Mill's prison sentence, news leaked about the rapper's job life behind bars. Outside of the kitchen, Meek has access to electrical and carpentry shops and is on the waitlist for therapy classes.

Technicals in The Spotlight For Goodyear Tire Rubber (GT)
Tudor Corp Et Al owns 11,051 shares or 0.01% of their U.S. portfolio. 1St Global Advisors Incorporated reported 0.08% stake. The stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) earned "Neutral" rating by Guggenheim on Wednesday, November 1.

Elderly man dies after a carbon monoxide release in San Francisco
Firefighters noticed that there was a lower unit and heard the television, but got no answer when they knocked on the door. Baxter credited the upstairs neighbors for having a carbon monoxide alarm and for saving the life of the elderly woman.

Iranian teenager comes clean about her surgeries to look like Angelina Jolie
It comes as new "before" pictures of Sahar have emerged which show just how dramatic her transformation has been. While this bait went on the Internet for a week, Sahar has come forward reacting to the issue.

Swiss National Bank Decreases Holdings in Bed Bath & Beyond Inc. (NASDAQ:BBBY)
Bed Bath & Beyond Inc Com now has $3.34 billion valuation. (NNY) has declined 1.30% since December 6, 2016 and is downtrending. ValuEngine downgraded shares of Bed Bath & Beyond from a "buy" rating to a "hold" rating in a research note on Friday.

Alaska Air Group, Inc. (ALK) Shares Sold by Anchor Bolt Capital LP
Alaska Air Group makes up about 2.2% of Lateef Investment Management L.P.'s portfolio, making the stock its 23rd biggest position. State of New Jersey Common Pension Fund D grew its position in shares of Alaska Air Group by 900.0% during the 2nd quarter.