NHL exploring Texas expansion in Houston or Austin with billionaire Dan Friedkin, family
The NHL is exploring potential expansion in either Houston or Austin through an agreement with billionaire Dan Friedkin and his family, with the Board of Governors executive committee endorsing a term sheet for a six-month evaluation period. The expansion would require a total investment of $3.5 billion for an expansion fee and new arena construction, with both cities needing new facilities. Discussions had focused on Houston over the past two years before Austin entered consideration, and a board vote would only occur if the sides move forward with an agreement.
Via Austin American-Statesman: www.statesman.com/sports/nhl/article/nhl-expansi
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