Seattle's expansion fee has been set at US$650 million - which is $150 million more than the expansion fee Bill Foley paid for the Vegas Golden Knights, an expansion team that started playing this season.
What Bettman is asking of Seattle isn't all that different of the Vegas Golden Knights, who are now in their inaugural season and are in second place in the Pacific Division. He made the announcement Thursday after the first day of the board of governors meeting.
The ownership group includes David Bonderman who is a private equity CEO and Jerry Bruckheimer who is a Hollywood producer.
Miocic-Ngannou title fight eyed for UFC 220
He tied the division's all-time record of two consecutive title defenses in May with a knockout win over Junior dos Santos . In the last two and a half years, Miocic has defeated a who's who of heavyweight killers.