Story Summary
The NHL Board of Governors on Tuesday received an update from the League on recent expansion interest, including a proposal from The Friedkin Group, led by CEO Dan Friedkin, to bring a second team to Texas in Houston or Austin. Commissioner Gary Bettman said the League and The Friedkin Group are ” evaluating the feasibility of those markets” and that the evaluation is ongoing, with the next formal Board update expected in December. Bettman stressed there is no set timetable, telling governors, ” We’re not under any time constraint.” The League has also received ” strong expressions of interest” for expansion from groups in Atlanta and Arizona, as well as other markets.
In a separate Board decision, governors unanimously selected Ted Leonsis – Governor of the Washington Capitals and chairman of Monumental Sports and Entertainment – to replace Boston Bruins owner Jeremy Jacobs as chairman. Calgary Flames Governor Murray Edwards will take on the role of vice-chair. Jacobs announced his retirement as chairman after serving in that role for 19 years. Leonsis described the complementary roles he and Edwards expect to play: ” I’m more strategy, big picture, vision, new media; Murray is operations, finance.”
Key Facts
- The Board of Governors received an update on expansion interest on Tuesday.
- The Friedkin Group, led by CEO Dan Friedkin, has discussed bringing a second NHL team to Texas in Houston or Austin.
- The League and The Friedkin Group are ” evaluating the feasibility of those markets”; the evaluation is ongoing.
- The next chance for the League to formally update the Board of Governors on expansion will be in December.
- Commissioner Gary Bettman said, ” We’re not under any time constraint.”
- The League has received strong expressions of interest for expansion from groups in Atlanta and Arizona, and from other markets.
- Bettman said, ” Expansion is a multibillion-dollar transaction which has an impact on all the other clubs in the League.”
- Ted Leonsis, Governor of the Washington Capitals and chairman of Monumental Sports and Entertainment, was unanimously selected to replace Jeremy Jacobs as chairman.
- Murray Edwards, Governor of the Calgary Flames, will serve as vice-chair.
- Jeremy Jacobs announced his retirement as chairman after serving in that role for 19 years.
- Leonsis said of his and Edwards’ partnership: ” I’m more strategy, big picture, vision, new media; Murray is operations, finance.”
- Edwards said it was important to have Canadian representation at the top of the executive committee, adding, ” Hockey in Canada, it’s important. It matters.”
IHM Discussion
The Board meeting addressed expansion interest and a leadership transition within its executive committee. On expansion, the League is assessing unsolicited expressions of interest rather than working to a fixed deadline. Commissioner Gary Bettman said the League is “not under any time constraint” and described expansion as a multibillion-dollar transaction affecting every club.
The Friedkin Group’s interest in Houston or Austin remains under evaluation by the League and the group. Bettman also said the League has received strong expressions of interest from groups in Atlanta and Arizona, as well as other markets. December is the next opportunity for a formal update to the Board.
Governors unanimously selected Ted Leonsis as chairman, with Murray Edwards becoming vice-chair. Leonsis described their complementary outlooks as strategy and vision on one side, and operations and finance on the other. Edwards also stressed the importance of Canadian representation at the executive-committee level.
Why It Matters
Expansion is a League-wide decision because, as Bettman noted, it affects all existing clubs and requires broad governor support. The interest in Texas, alongside expressions of interest from Atlanta, Arizona and other markets, gives the Board several possibilities to assess without a stated timetable.
The leadership change also places Leonsis and Edwards at the head of the Board’s executive structure as those discussions continue. Their stated emphasis on strategy, operations and finance provides the framework they expect to bring to the role.
Mini Q&A
Who was selected chairman of the NHL Board of Governors?
Ted Leonsis, Governor of the Washington Capitals and chairman of Monumental Sports and Entertainment, was unanimously selected to replace Jeremy Jacobs as chairman.
Who will serve as vice-chair of the Board?
Murray Edwards, Governor of the Calgary Flames, will take on the role of vice-chair.
Which markets are under consideration for expansion?
The Friedkin Group has discussed bringing a second team to Texas in Houston or Austin. The League also reported strong expressions of interest from groups in Atlanta and Arizona, and from other markets.
When will the Board next receive a formal update on expansion?
The League said the next chance to formally update the Board of Governors on expansion will be in December.
What revenue projection did Commissioner Bettman provide?
Commissioner Bettman said the League is projecting revenue to reach $8.1 billion in local currency this season.
Coach Mark Comment
From an organisational perspective, a measured expansion process matters because any new club affects the wider League. The Board’s stated focus on strategy, operations and finance reflects the need to assess growth opportunities without rushing a decision.
What Comes Next
The League will provide its next formal update to the Board of Governors on expansion in December.
IHM Final View
The Board reaffirmed that NHL expansion remains an ongoing evaluation rather than a process with a fixed deadline. The Friedkin Group’s interest in Houston or Austin is under review, while Atlanta, Arizona and other markets have also drawn interest. At the same meeting, governors unanimously selected Leonsis as chairman and Edwards as vice-chair, placing a new leadership pairing atop the Board’s executive committee.