Gary Bettman dismisses NHL expansion rumors

Gary Bettman dismisses NHL expansion rumors
September 3, 2014, 6:45 pm
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Nina Falcone

If there's one way to get the hockey world buzzing in August, it's talks of relocation and expansion. Add Las Vegas into the mix, and that'll really get things going.

Reports that surfaced about a week ago stated the NHL would be adding four new teams to the league by 2017 in Vegas, Seattle, Quebec City and Toronto. And while the rumors were fun to discuss and debate, they were far from being a "done deal" like one report suggested.

Deputy commissioner Bill Daly was quick to refute the rumors, and on Wednesday commissioner Gary Bettman chimed in as well, calling the reports "complete fabrication."

[MORE: Myers: Why expansion for NHL isn't the right move]

"The part of the story I found particularly difficult was suggestion we would sell four franchises for $1.4 billion is way too low," Bettman said. "It undervalues our franchises."

Bettman added that there's been plenty of interest in expansion in the league, but went on to say the NHL has yet to research more.

With revenue and league's popularity quickly growing, it wouldn't be surprising if we saw some sort of expansion in the upcoming seasons. But we probably won't see it by 2017.