"Do I know what that number is? No. I will also say it's not just (commissioner Gary Bettman) or I making that decision, it's also our ownership group that makes the decision," Daly explained when discussing the potential number of new expansion clubs. "With the last two expansions in particular, the thought process was a lot different (than 1998-2000). Everybody was just interested in adding clubs, there was an $80M expansion fee, right? It's much more business-oriented now in terms of how clubs look at it.
They don't want to add franchises just to add franchises, they want to add franchises that will grow the value of the league. �Does this market make sense for the National Hockey League? Does it make my franchise more valuable?' Understanding that I might get a nice cheque in the short term, but this is a longer-term look at asset-value and whether they are making the league better."