NHL's Texas Gamble: $3.5 Billion Price Tag for Expansion Gold

The NHL isn't just exploring Texas expansion - it's pricing the opportunity at a staggering $3.5 billion, a number that signals just how valuable the league believes these markets have become. That astronomical fee reflects the explosive growth in franchise valuations across professional sports and the league's confidence in Texas's ability to support NHL hockey. For potential ownership groups, it's a massive investment that comes with equally massive expectations for return.