BUFFALO, N.Y. – Bill Foley walked up to the roulette table, put all his chips on "Black 31" and won big Wednesday.
The Nevada-based billionaire is officially the proud owner of the 31st NHL franchise and the first major professional sports team to ever arrive in Las Vegas.
For the mere price of $500 million — or $420 million more than the individual expansion fees of the Wild and Columbus Blue Jackets 16 years ago — the league officially announced Wednesday that it'll be expanding to Sin City. As expected, the application for Quebec City was deferred to a later time.
"Well, Las Vegas, we did it!" Foley said after the Board of Governors approved the expansion unanimously. "Our great sports town now has a major league franchise … the NHL!"
The franchise, which temporarily doesn't have a nickname but does have 14,000 season-ticket deposits and will play in the brand new T-Mobile Arena just off the Strip, will begin play in the Pacific Division in 2017-18. The team will peel off one player from each of the other 30 franchises during a June 21, 2017, expansion draft.
"Whenever you look at a possible expansion, the three things you look for is owner, arena and market," said Wild owner Craig Leipold, who was on the nine-owner executive committee that recommended expansion earlier this month. "And I don't think there's any question, this is a total package.
"There's so much going on in this city. I'm looking out the window right now, and there's construction going on everywhere. Plus frankly, it'll be fun to come to Vegas. It is a fun city. There's a lot to do and lots of action."
Wild left wing Jason Zucker got a shout-out from Commissioner Gary Bettman during Wednesday's news conference for catching "the hockey bug" as a child before becoming the first Nevada-raised NHLer in history. Zucker, at the gym when expansion became official, was inundated with texts from friends and family.