The NHL has approved Seattle's request to submit an expansion application and will permit the city to begin a season-ticket drive, according to Emily Kaplan of ESPN.
NHL commissioner Gary Bettman says the franchise fee for the 32nd club has been set at $650 million USA, up significantly from the $500 million United States the Vegas Golden Knights paid to join the league this season.
Seattle could become an option for 2020-21, though there are no guarantees the league expands there, Bettman said at the board of governors meeting.
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The group includes Jerry Bruckheimer, a Hollywood producer, and David Bonderman, a private equity CEO. League has agreed and will allow a season-ticket drive.
Bill Foley paid a $500 million expansion fee for the Vegas Golden Knights.
The process with the National Hockey League possibly coming to Seattle will be similar to how the process transpired in Las Vegas with the Golden Knights.
Hockey is fairly popular in the Pacific Northwest, with several semi-pro teams such as the Wenatchee Wild, Tri-City Americans and Seattle Thunderbirds.
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Bettman said the group is only looking at Seattle for expansion, leaving Quebec City and Houston alone.
The news came one day after Seattle Mayor Jenny Durkan signed a memorandum to renovate the KeyArena, NBC affiliate K5 News reported.
When the sale is finalized and the league has approved the deal, Dundon would take control of all team operations.
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