NHL in Talks with Billionaire Dan Friedkin About Houston Expansion Team
The National Hockey League (NHL) is exploring the possibility of expanding to Houston, having met with a group fronted by billionaire businessman Dan Friedkin, NHL Deputy Commissioner Bill Daly confirmed Thursday. Friedkin,who recently acquired a meaningful stake in English Premier League club Everton,is reportedly a leading contender for a potential Houston franchise.
Friedkin Group Eyes NHL Expansion Amidst Celtics Interest
Friedkin, with a net worth of $6.4 billion according to Forbes, leads the Houston-based Friedkin Group, which has holdings across the automotive, entertainment, hospitality, and sports sectors.Prior to engaging with the NHL, Friedkin was reportedly considering a bid for the NBA’s Boston Celtics.
NHL Commissioner Emphasizes Cautious Approach to Expansion
While the NHL is engaging with potential ownership groups, Commissioner Gary Bettman has consistently maintained that the league is not currently engaged in a formal expansion process. He emphasized in September that any potential expansion would be a carefully considered, one-off possibility. “if somebody checks all the boxes and wants to move forward,then I’ll take it first to the executive commitee and see if there’s an interest,” Bettman stated. “This is going to be a one off, if we do it at all.”
Past NHL Expansion successes Fuel further speculation
The Vegas Golden Knights (2017) and Seattle Kraken (2021) marked triumphant expansion ventures for the NHL, leading to speculation about further expansion to 33 or even 34 teams. The increasing expansion fees, perhaps nearing $1 billion, reflect the perceived value of NHL franchises. Before Vegas in 2017, the league had not expanded since 2000, with the Columbus Blue Jackets and minnesota Wild.
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NHL in Talks with Billionaire Dan Friedkin About Houston Expansion Team
The National Hockey League (NHL) is exploring the possibility of expanding to Houston, having met with a group fronted by billionaire businessman Dan Friedkin, NHL Deputy Commissioner Bill Daly confirmed Thursday. Friedkin,who recently acquired a meaningful stake in English Premier League club Everton,is reportedly a leading contender for a potential Houston franchise.
Friedkin Group Eyes NHL Expansion Amidst Celtics Interest
Friedkin, with a net worth of $6.4 billion according to Forbes, leads the Houston-based Friedkin Group, which has holdings across the automotive, entertainment, hospitality, and sports sectors.Prior to engaging with the NHL, Friedkin was reportedly considering a bid for the NBA’s boston Celtics.
NHL Commissioner Emphasizes Cautious Approach to Expansion
While the NHL is engaging with potential ownership groups, Commissioner Gary Bettman has consistently maintained that the league is not currently engaged in a formal expansion process. He emphasized in September that any potential expansion would be a carefully considered, one-off possibility. “if somebody checks all the boxes and wants to move forward,then I’ll take it first to the executive commitee and see if there’s an interest,” Bettman stated. ”This is going to be a one off, if we do it at all.”
Past NHL Expansion successes Fuel further speculation
The Vegas Golden knights (2017) and Seattle Kraken (2021) marked triumphant expansion ventures for the NHL,leading to speculation about further expansion to 33 or even 34 teams. The increasing expansion fees, perhaps nearing $1 billion, reflect the perceived value of NHL franchises.before Vegas in 2017,the league had not expanded as 2000,with the Columbus Blue Jackets and minnesota Wild.
NHL Houston Expansion: Q&A
The possibility of an NHL team in Houston is exciting for hockey fans. Keep an eye on the developments as they unfold. Would you be excited to see an NHL team in Houston?