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The NHL sent out 16 applications for new franchises.
Apparently they were disappointed that only 2 came back - Quebec City and Las Vegas.
As Hoofedinthechest pointed out in the old thread, most franchises are nowhere near worth the 500 million that Bettman and the owners want.
Any smart group would wait four or five years and see what franchises might fold. Then offer them a chance to relocate to a place like Seattle or wherever.
A smart businessman might pick up a failing franchise for a third what the NHL is asking.
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