Commissioner Bettman said there is optimism for a team in Seattle to be playing by the 2020-21 NHL season provided the expansion process continues without any issues, but much of that depends on the already approved $600 million renovation of KeyArena, the former home of the NBA's Seattle team before it relocated to Oklahoma City in 2008.
The earliest the Board of Governors would vote on an expansion team in Seattle would be in September, when it next meets.
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"The timetable on finishing the application and doing what we need to do, we can do that as quickly or as slowly as appropriate," Commissioner Bettman said. "That's a matter of weeks and months, not years. The bigger issue is going to be their timeline on the building."
An ownership group led by Hollywood producer Jerry Bruckheimer and private equity CEO David Bonderman officially filed an application for expansion with the NHL in February with the intention of beginning play in 2020-21. The expansion fee would be $650 million, up from the $500 million the Vegas Golden Knights paid to enter the NHL this season.