NHL Owners set for huge payday after Coyotes relocation
Two winners and one loser today in the NHL after the news dropped regarding the relocation of the Arizona Coyotes, the obvious winner, the city of Salt Lake, a dark horse winner is the NHL owners Bill Daly and Gary Bettman who are set for a massive payday shall the relocation occur.
Time has run out in the state of Arizona, a relocation is inevitable, and Utah seems to be the front runner. Shall the relocation occur, an interesting fact noted the enormous payday Gary Bettman and company would receive.
"Can confirm the NHL sent a sent a status report memo to the Board of Governors today in response to the media speculation that is occurring around the Coyotes and a potential move to Salt Lake City.
A couple of sources who read the memo said there's still nothing done, still moving parts to the whole situation. But obviously everyone is on notice at least to the possibility of re-location for the Coyotes."
A couple of sources who read the memo said there's still nothing done, still moving parts to the whole situation. But obviously everyone is on notice at least to the possibility of re-location for the Coyotes."
"The league source said that after purchasing the team, the NHL would then sell the Coyotes to Smith at a price that could be as high as $1.3 billion -- much higher than the $650 million expansion fee that the Seattle Kraken's owners paid in 2021 to join the league. The source said the NHL's other 31 owners would split $300 million as part of the sale.
Gary Bettman and Bill Daly are sitting off their seats in excitement, and so should fans, indicating a possible increase in the NHL Salary Cap.
As read on-Blades of Steel
NHL owners in line for big payday
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