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NHL Commisioner Gary Bettman announced in June 2016 that Las Vegas was awarded an expansion franchise. Yes, "awarded" -- but they had to pay a fee of $500,000,000, which was divided among the 30 existing teams. In 2017, the Las Vegas Golden Knights became the NHL's 31st team.

Seattle is hoping to be awarded the next expansion franchise -- and their fee would be $650,000,000. Yikes! Bettman opened the application process December 7. If an expansion team comes to Seattle, it will join the league in 2020.

NHL opens application process for Seattle expansion franchise