Ducksforcup
Registered User
Actually, in this case - no.
Disney only paid $50 Million expansion fee. Back then, they normally would have had to pay an additional $25 Million to LA for territorial infringement on the LA Kings property (ie, $75 Million total).
The NHL was wanting to get in on Disney's marketing machine, so this was actually a good move to bring them in to the fold. This is the "biggest" reason Anaheim got a team. They they (the NHL) later got stubborn and did not then want to listen to Disney's marketing ideas was one one of the reasons why Disney eventually pulled out (because we all know how good the NHL's marketing has been up until this year.... ).
Anyways - for Anaheim, the NHL cut it's expansion fee in half for Disney, so instead of $50 Million for the NHL and $25 Million for the Kings, it was only $25 Million each.
The NHL could easily have picked another market and taken all $50 Million for the entire league.
Well, I'm glad they didn't. Forever grateful!