These expansions have been profitable for the league and its ownership group, as both teams have been very popular.
Additionally, both the Kraken and Golden Knights have experienced success with playoff runs early in their league tenure.
Now, the Smith Ownership Group is seeking to join the league and expand to 33 teams by adding a new franchise in Utah.
The Smith Entertainment Group is dedicated to bringing a 33rd team into the league as soon as possible.
Smith Entertainment Group has formally requested that the NHL initiate a formal expansion process with hopes of bringing a team to Salt Lake City.� Chris Johnston (@reporterchris) January 24, 2024
According to Smith, the SEG and NHL have been in talks since 2022, and the Smith Ownership Group has proposed using the arena of Utah's Jazz as a temporary home until they get their own arena.
If approved, this would be the second hockey team in Utah, as the ECHL currently hosts the Utah Grizzles in West Valley City.
However, the expansion won't come cheap, as the cost of adding the Seattle Kraken in 2021 was $650 million.
We won't know just yet, if the Board of Governors will accept the latest proposal or if the expansion fee will be inflating from $650 Million yet, as the story is still developing.
POLL | ||
JANVIER 24 | 170 ANSWERS BREAKING: The NHL undergoes expansion for 33rd team Do you think the league should expand again? | ||
Yes | 62 | 36.5 % |
No | 108 | 63.5 % |
List of polls |