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Praise Be To Foley, Vegas Golden Knights Hockey Website

Final Payment Clears; Vegas Official And Free To Make Moves

Update 3 (12:07 PM) – Official statement from The Creator via Golden Knights press release.

Today we reached another significant milestone in our team’s history – the Vegas Golden Knights are officially a National Hockey League franchise. It is an incredibly exciting day for our organization and we would not be here without the continued support from our fans. In February of 2015 we started our season ticket drive. We asked Las Vegans to put ticket deposits down for a team that didn’t exist in an arena that hadn’t been built and they came through in a big way. The progress we have made together in these last two short years is remarkable. Now that we are official, we look forward to continuing this momentum and building a team that our fans and our community will be proud of.

Update 2 (11:29 AM)

Update (8:18 AM) – “We are aware of the reports, we would issue a formal announcement if and when it is finalized.” -Eric Tosi, VP of Communications

Apparently that mountain of paperwork holding up the Golden Knights from participating in the trade deadline this season has been signed, sealed, and delivered.
As reported by SportsNet’s John Shannon, the final payment of the $500 million expansion fee has cleared and the Vegas Golden Knights are officially a fully operational NHL franchise.

They are free to participate in the trade deadline which is at noon today. They can also sign college free agents, European players, or any other unsigned player.

Looking forward to getting into the office. –George McPhee, GM

McPhee can agree to any trade not involving Vegas actually taking on a player. In other words, Vegas can agree TO select or NOT TO select a player at the Expansion Draft in June in exchange for draft picks which will be reported as “future considerations.”

This comes as a bit of a surprise as The Creator mentioned in an interview with myself on KXNT Tuesday that the payment would not make it in time. McPhee also resigned to the fact that he’d have to deal in “gentlemen’s agreements” rather than official deals. Apparently the league woke up and realized what we’ve been saying all along, there’s really no reason to keep Vegas out any longer.

This news also means McPhee will be able to attend the general managers meetings beginning on March 6th.

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5 Comments

  1. Phisig150

    So glad Foley’s check didn’t bounce. Hope he has overdraft protection just in case he paid a couple of other bills that haven’t cleared yet. Maybe now the NHL can stop treating us like a red headed step child and give our team the full respect it deserves.

    • Amen. After hearing his vacation plans next week, I have a feeling money will continue to not be an issue.

      • Phisig150

        If he needs some extra walking around money he could always push up the date on the jersey release. Still think he/NHL dropped the ball by not getting them out by last holidays. Would be great advertising having locals wear them around town.

        • He spoke a little about that as well. Basically said he is the most anxious one on the jerseys. Says he wants the revenue and he wants to see them all over the valley. No doubt a bit of blame lies with him, but I don’t think we can understate the change from Reebok to Adidas in holding up this process.

          • PhiSig 150

            Florida got new jerseys this year no? And there were the winter heritage jerseys too so it’s not like there was a complete freeze on releasing any new designs. In the end you don’t really lose money, I suppose, because the same people that would have bought them in November/December will buy them in June but you do lose another thing that could have gotten the locals excited and started to build some marketing momentum. But it looks like our season tickets will sell out so I guess that’s all that really matters.

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