Here we go again. Two months ago, NHL owners met for another round of the Board of Governors and their newest colleague, The Creator, was not invited. The reason given was because the final payments had yet to be made, so he was not technically an owner yet.
Well, they’ve finally put a name on this ridiculousness calling it, “franchise rights” and now it’s affecting GM George McPhee.
Noticeably absent from the GMs meeting was Las Vegas GM George McPhee. The Vegas expansion team doesn’t yet have “franchise rights” until their transaction to enter the league officially closes, which is expected sometime in the spring. In other words, not until their final payment on that $500 million expansion fee is made. –Pierre LeBrun, ESPN
Earlier this month we heard from The Creator himself on Sportsbook Radio saying he’s planning on “accelerating the payment” which should come before the March GM meetings. But he also mentioned something else that really shouldn’t go unnoticed.