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The National Hockey League is moving toward a new expansion round with Austin and Houston emerging as the leading candidates, according to a report from ESPN's Emily Kaplan.
The two Texas cities were discussed at the league's board of governors meeting in New York City this week, signalling where NHL leadership sees the game's next commercial frontier.
A rumoured expansion fee of $2 billion would set the financial terms for any incoming ownership group.
Two Markets, Two Distinct Propositions Austin and Houston represent structurally different bets for any prospective ownership group.
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