The NHL expansion train, destination Seattle, is now on the track and ready to leave the station – perhaps as soon as this week.
As soon as Seattle city council voted yes Monday to a radical refurbishment of Key Arena, Seattle checked off the final of three boxes the NHL requires to expand.
Market? Check.
The NHL has always had eyes for Seattle and the U.S. Pacific Northwest. That region has been the most notable missing part of the NHL’s so-called national “footprint” in the U.S. In 2013, the NHL’s internal rankings for most desirable expansion locations were: 1. Seattle; 2. Las Vegas; 3. Quebec City.
Quebec City was a distant third, and still isn’t seriously in the NHL expansion picture (more on that later). But in the years since 2013, Seattle was quickly eclipsed by Las Vegas because the former didn’t have its arena and ownership buttoned down like the latter.
Hence, the Vegas Golden Knights became the NHL’s 31st team.
Arena? Check.
The Oak View Group, led by former Los Angeles King and Toronto Maple Leaf executive Tim Leiweke, has navigated tricky political waters in Seattle to get approval on the Key Arena renovation. The bottom line is, barring any unforeseen issues, Seattle will have a state-of-the-art facility worthy of the NHL or NBA no later than the fall of 2020.
(A wise guy might suggest just in time for the next NHL lockout, but no wise guys here.)
Ownership? Check.
Billionaire investment banker David Bonderman and Hollywood producer Jerry Bruckheimer head up the group that is not short on money or star power or, in the case of Bruckheimer, someone who’s been a friend of the NHL for quite some time.
Now, it needs to be said up front: The NHL is not expected to grant, or commit to, a Seattle expansion franchise, conditional or otherwise, this week when the NHL board of governors and executive committee meet in Florida on Thursday and Friday.