QC would sell, as a relocation franchise, somewhere in the neighborhood of 170M to 230M. As an expansion franchise, with the league having much more leverage, yes I could see QC overpaying to about that to get their franchise. I don't know where people get the idea where expansion franchises in Canada are worth 500M a pop. There are only three teams that have that kind of value in the nhl currently. Considering that the Winnipeg Jets sold for 170M, increased their value to 200M after y1, and have probably have increased their value again this year, I think the sale price will be $170M + 60M for relocation or 230M. Also remember that you also have to factor in Phoenix's/Seattle's expected losses into the equation as well. So really, there isn't much of a monetary reason to not go to Quebec right now. People don't overpay by multiples guys...
I agree. no way some one would pay 500M for a team, even the TO area.. add on arena, fees to Leafs probably Sabres (you can bet they'll have their hand out)