Multiple outlets report that the NHL is exploring an expansion into Texas. The discussions reportedly include a potential expansion fee of about $3.5 billion, though the reports do not describe a final decision, specific ownership group, or exact city for any new franchise. The coverage frames the idea as part of the league’s broader efforts to grow its footprint in major U.S. markets, with Texas viewed as a large, fast-growing sports market. While details remain limited, both sources indicate the figure is central to the proposed expansion concept. Neither report provides confirmed timelines or terms for how the league would structure the move, and both present the information as exploration rather than an announced franchise award. Until the NHL or its representatives formally confirm the plan, it remains unclear whether any team(s) will be added, where they would play, and what additional conditions could apply to the fee and expansion process.