Report: Las Vegas expansion fees expected to exceed $450 million

Kirby Lee / Reuters

Big money. Big stakes. Vegas, baby. 

The NHL and its owners are expecting to generate more than $450 million in expansion fees as a result of the league's potential expansion to Las Vegas. 

"It's going to be between $450 million and $500 million. I bet it comes in at about $475 million," a league owner shared with TSN's Rick Westhead, who confirmed the estimate with another ownership source.

The projections are a considerable increase from the last two expansion fees paid to the NHL. The Minnesota Wild and Columbus Blue Jackets paid just $80 million each in 2000.

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Report: Las Vegas expansion fees expected to exceed $450 million
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