NHL Commissioner Gary Bettman announced Friday that the NHL will expand to 12 new cities in 2019.
Bettman said he will announce his decision on Wednesday.
The league is looking at 12 cities in total, with Detroit, St. Louis, Pittsburgh, Nashville, Calgary and Ottawa the favorites.
Bettmen said that teams will have to raise $150 million each year in order to bring the league to the next stage.
Bettmans announcement comes after two weeks of hearings and interviews with potential cities, which have resulted in an offer from Edmonton, Calgary, Ottawa and Winnipeg.
The NHL has already announced plans for an expansion franchise in Las Vegas.
The owners of the Calgary Flames have been working with Bettman on an expansion plan for years, and a deal is expected to be done soon.
The Flames’ owners, Mark Giordano and Mark Hunter, have publicly said they want to bring hockey to Calgary, but Bettman has yet to say what the city will be.
Betts announcement comes two days after the NHL Board of Governors met for the first time since the 2018 Stanley Cup finals and announced a host of other changes.
The Board also approved a new collective bargaining agreement that will increase salaries for the league’s 30 teams and allow the league for the second time to expand to more cities.
The commissioner said that he expects the new agreements to be finalized in the next couple of weeks.