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Jets will pay a price for collecting chips in Vegas

John Locher / The Associated Press

FILE - In this April 7, 2015, file photo, construction workers eat lunch by an MGM arena being built behind the New York-New York casino-hotel in Las Vegas.

Winnipeg Jets owners Mark Chipman and David Thomson are going to be owed a very large cheque after the NHL's expected announcement on Wednesday that it's expanding 31 teams by granting a franchise to Las Vegas for the 2017-18 season.

But that one-time financial windfall for the owners is going to come at a steep price for the hockey team.

First, the good news — Las Vegas mogul Bill Foley is paying the NHL a reported record US$500 million expansion fee and the Jets ownership is going to receive some of it.