It’s no secret the NHL is looking to expand, capitalizing on a popularity surge that drove growth in revenue from $2.2 billion in 2006 to around $4 billion in the 2013-14 season. Earlier this year, the league got expansion applications from Las Vegas and Quebec City. But expect the league to approve just one new team, to be located in Sin City, for a record expansion fee of $500 million. The league is likely to want to add teams in the West to balance the league’s geography. Nous sommes désolés, amis du Québec.

This article is part of the 2016 Fortune Crystal Ball, a package of 33 predictions about business, politics and the economy by the writers and editors of Fortune. To see the entire package, click here.

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