Why the NHL is bringing Del-Air into the fold
Del-air is expanding its operations in the United States.
The NHL announced Thursday it will begin renting air conditioning units to teams and arenas in the US starting with the 2018-19 season.
The deal, which will be contingent on NHL teams paying a one-time fee, includes Del-AIR units that will be used to heat their arenas for the first two seasons, and to provide an outdoor practice facility.
The contract will also allow the NHL to lease the Del-Aires units from the teams, which includes a rental fee of $5,000 per season.
Del-aeris will be leased from the NHL and operated by a third party, a Del-aire spokeswoman said.
The agreement was reached in a conference call with reporters Thursday afternoon.
The NHL and Del-aaires did not comment on whether the rental fee is a one time fee or contingent on any team paying the fee.
It is the first major North American market for Del-airs and it represents the NHL’s first-ever foray into an arena lease.
Delair, which is based in New Jersey, will lease arenas for about $50 million, and the league has leased an arena in California, a city that is not part of the deal.
The arena lease includes $10 million to cover the cost of building the facility and $15 million to renovate the existing facility.
The team’s new practice facility will be built in San Jose and open in 2020.
In addition to Del-Avs, the league also has leased a new outdoor rink for the 2018 Stanley Cup Playoffs in San Antonio, Texas.
The league will lease a new practice and training facility for the next two seasons at San Jose’s SAP Center.
The move follows a number of major events over the last few years that have been held in arenas that were once owned by Del-aures.
In 2016, the NHL announced it would lease arenas in Pittsburgh, St. Louis, Nashville and Tampa Bay.
The league has not announced which teams will use its facilities.
The new deal comes on the heels of the NBA’s decision to make its own arrangement with Del-Ars.
The NBA announced in April that it was partnering with Dela-air, with the league’s owners agreeing to pay a $50,000 fee to rent the Delair-controlled arena for one season.