In a press conference held in Buffalo, NHL Commissioner Gary Bettman shed light on the league's ambitious plans for expansion, but the costs are likely to be a major hurdle. According to Bettman, the price tag for a new NHL franchise is "substantially more than a billion dollars," a staggering figure that could deter potential buyers. As the league continues to explore new markets, the financial burden of expansion will undoubtedly be a significant factor in determining which cities will be awarded a team. With the NHL's growing popularity and increasing revenue, the question remains whether the costs of expansion will outweigh the benefits for the league and its new franchise owners.
NHL Expansion Price Tag 'Substantially More Than A Billion' And Other Takeaways From Gary Bettman's Presser In Buffalo The Hockey News
