[News] UPD: NHL BOG approves Las Vegas as 31st team for 2017/18. $500 million expansion fee

[Alberta_Beef]

Originally Posted by Roof-Daddy

...and even then they might still lose one, as both Manson and Despres are young (25) emerging top 4 Dmen with size and mobility.

Despres has a sweet heart deal kick in starting next season too. $3.7 per season for 5 years is pretty good if he takes another step forward next season.

Despres was never the same after his concussion, so it will depend how he bounces back. That contract will either be great or an albatross , I'm hoping for the former as I hate seeing careers derailed by head injuries.

[AC]

Vegas inspired logo re-designs for all 30 NHL teams:

http://espn.go.com/nhl/story/_/id/16...gned-las-vegas

[Hockey Fan #751]

Originally Posted by automaton 3

Haven't seen this posted yet:

In fairness to the owners of the National Hockey League, it must be hard to turn down free money. And particularly hard to turn down US$500-million worth of it.

http://news.nationalpost.com/sports/...hey-free-money

Although in fairness they did turn down $500 million of free money from Quebec.

[Hockey Fan #751]

Originally Posted by getbak

It's almost certainly going to have no connection to gambling.


The owner has already said that his preference is for it to be the Black Knights. I'd be willing to put money on it either being that or just the Knights if there's concern about infringing upon the Army's trademarks (and Chicago might want to be the only "Black" team in the league).

I see what you did there.

[Strange Brew]

Originally Posted by Hockey Fan #751

Although in fairness they did turn down $500 million of free money from Quebec.

Did they? I'm not positive QC convinced them they were able to come up with the scratch.

[Jordan!]

Originally Posted by Hockey Fan #751

Although in fairness they did turn down $500 million of free money from Quebec.

Source?

[GioforPM]

Originally Posted by Textcritic

Yeah, Scott Stinson seems to know what he is talking about.

Looks like Stinson stealth edited his story to remove St. Louis from the list. Mind you he still has a couple cities who have already had teams and doesn't mention that either.

[Hockey Fan #751]

Originally Posted by Strange Brew

Did they? I'm not positive QC convinced them they were able to come up with the scratch.

Well, Quebec applied for expansion and at no point did they pull out of the process. I would then assume if approved they would have gone through with it.

[dissentowner]

I recommend they use Lord Soth for their team symbol.

[Coach]

Originally Posted by Hockey Fan #751

Well, Quebec applied for expansion and at no point did they pull out of the process. I would then assume if approved they would have gone through with it.

Maybe they weren't approved because the NHL wasn't sure they could come up with the money. Or, if they could, that it would hinder the long term viability of the franchise there because they owners were using all their money on the one-time fee.

From the NHL's perspective, leaving QC as an option for an inevitable team relocation makes perfect sense and I have no problem with that. Built-in fan base, willing owners, building in place.

[saillias]

Originally Posted by Hockey Fan #751

Although in fairness they did turn down $500 million of free money from Quebec.

I thought that was a non-refundable deposit?

[Coach]

Originally Posted by saillias

I thought that was a non-refundable deposit?

The $500 m was the expansion fee if approved. I believe it was a $10m non-refundable deposit to even be considered.

[scotty2hotty]

Originally Posted by AC

Vegas inspired logo re-designs for all 30 NHL teams:

http://espn.go.com/nhl/story/_/id/12...colors-contest

Interesting take on the St. Louis Testicles

http://espn.go.com/nhl/story/_/id/16...gned-las-vegas

[Textcritic]

Originally Posted by AC

Vegas inspired logo re-designs for all 30 NHL teams:

http://espn.go.com/nhl/story/_/id/16...gned-las-vegas

Those are amazing!

[GreenLantern2814]

This should be Columbus' full time logo. Their mascot can be Gambit.

[Lubicon]

LOL Carolina, that one is awesome.

Rangers and Minnesota are especially good too.

[Coach]

The Las Vegas Gambits would actually be a decent name. Jokers would be good too.

[TheScorpion]

Brodie would look really weird wearing a jersey with this logo on it.

[Alberta_Beef]

Originally Posted by MattyC

Maybe they weren't approved because the NHL wasn't sure they could come up with the money. Or, if they could, that it would hinder the long term viability of the franchise there because they owners were using all their money on the one-time fee.

From the NHL's perspective, leaving QC as an option for an inevitable team relocation makes perfect sense and I have no problem with that. Built-in fan base, willing owners, building in place.

I'm not sure Quebecor not being able to come up with $500 million is a concern when their annual revenues are just shy of $10 billion. But the threat of the Carolina Hurricanes collapsing is very real at the moment and with the recent lawsuit against Peter Karamanos Jr. brought forward by his sons. The NHL needs to be prepared and Quebec City is the only city other than Vegas with both a stable ownership option and suitable arena that could host the Hurricanes. Every other relation option either needs a new arena or has no ownership options.

[Jay Random]

Originally Posted by Alberta_Beef

I'm not sure Quebecor not being able to come up with $500 million is a concern when their annual revenues are just shy of $10 billion.

I've checked several sources, including Quebecor's own website. Their revenues for fiscal 2015 were just shy of $3.9 billion, with a net income of only $152 million – this after two years of net losses. Their total equity is only about $300 million – $9.1 billion in assets, $8.8 billion in liabilities. And the company has been bleeding cash.