Professional hockey is coming to Las Vegas.
The National Hockey League has announced Las Vegas will be the new home of an expansion franchise that will take the ice in the 2017-18 season.
The league's Board of Governors voted in favor of the expansion at its annual meeting, which also took place in Las Vegas, ahead of the league's annual player awards ceremony Wednesday night.
The push to bring hockey to Las Vegas was led by businessman Bill Foley, who will be the majority owner of the franchise.
He and his ownership group will shell out $500 million as an expansion fee to bring a team here.
It's a marked increase from the NHL's last expansion in the early 2000s, when the price of admittance to the league was $80 million.
The team, whose name has not yet been announced, will play in the new T-Mobile Arena just off the Las Vegas Strip.
