The NHL will celebrate its 100th anniversary with 31 teams in the 2017-18 season, announcing the addition of Las Vegas via an unanimous vote by the League’s Board of Governors. Ownership of the Las Vegas franchise will principally reside with Bill Foley with home games set to be played at T-Mobile Arena, playing in the Pacific Division of the Western Conference. The Las Vegas franchise will pay a $500-million expansion fee and marks the first League expansion since 1997. Meanwhile, the league opted to defer the expansion application by Quebecor and its ownership group in Quebec City due to the NHL’s lack of geographic balance and the recent and significant devaluation of the Canadian dollar.
“In the fall of 2017, when we celebrate the 100th birthday of the NHL, we will do so as a League of 31 teams,” NHL Commissioner Gary Bettman said. “We are pleased to welcome Bill Foley and the city of Las Vegas to the League and are truly excited that an NHL franchise will be the first major professional sports team in this vibrant, growing, global destination city.”
“On behalf of the Las Vegas Founding 75, our 14,000 season-ticket holders and the entire Las Vegas community, I would like to thank Commissioner Bettman, the NHL staff and the team owners for their support during this process and the confidence they have placed in Las Vegas by awarding this franchise,” said Foley. “I also would like to thank everyone who supported us through this incredible journey. As I’ve said many times over the past year, Las Vegas is a hockey town and we look forward to cheering on our home team.”