The NHL's Board of Governors unanimously approved the vote in Sea Island, Georgia on Tuesday to grant to city of Seattle, Washington with the league's 32nd team, which will begin play in the 2021-2022 season.
That payment, a 30 per cent hike on the $500 million entrance fee paid by the Vegas Golden Knights in 2016, stands to be worth more than $21 million to each of the NHL's 30 franchises. "There's an very bad lot going on between Boeing and the whole computer industry and all the rest of that stuff", NHL Players' Association executive director Don Fehr said.
The move will see the Coyotes moved away from their geographical rivals, with the Vegas Golden Knights, Los Angeles Kings and Anaheim Ducks being the three closest teams now.
Clearly, the focus will be on Seattle, which has been waiting patiently for the chance to celebrate the return of a major professional winter sport since the Sonics bolted for Oklahoma City in 2008.
The Seattle franchise will enter the league for the 2021-22 season as a member of the Pacific Division.
Dylan has been an Associate Editor of DailyFaceoff since 2018 and a co-host of the DFO Podcast since 2015. The Seattle Hockey Partners, led by billionaire David Bonderman, Hollywood producer Jerry Bruckheimer and CEO Tod Leiweke, have been pushing for an October 2020 arrival.
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Seattle also has a junior hockey league, the Thunderbirds.
Seattle will play in downtown at what was KeyArena, which is being redeveloped for a privately financed $700 million arena under a plan approved by the city earlier this year. "We're so close to each other, I just think it's ready-made for us to have a great rivalry and have a lot of people come up from Seattle to cheer on their team against the Canucks".
Seattle Mayor Jenny Durkan was a big supporter of getting pro hockey back to Seattle, which was home to the 1917 Stanley Cup champions. Seattle Hockey Partners vice chair David Wright told Sports Illustrated last week he expected the team to be named "certainly in the spring". The team moved to Seattle in 1977 but has played its games in Kent since 2009. In 1917, the franchise become the first US -based team to win the Stanley Cup after defeating the Montreal Canadiens for the title.
"It will be a little bit different for us because we have the extra year now to go through it". The ownership group, the plans for the arena - it's all of the above.
Tippett joined Seattle as an advisor after 14 seasons as an National Hockey League head coach with the Dallas Stars and Arizona Coyotes. "We're not going to have a time pressure, but it's something we're working on each and every day".