I question if the NHL would even want a team in Milwaukee. It's not just our small market size, but also the Bucks being here. Having two sports which play together at roughly the same time could stretch the entertainment dollar here. And if i was the Bucks owners, i wouldn't want another pro team in the area which would siphon ticket money from my team to another one. As it is, the Bucks will struggle to fill the new arena once the newness wears off if they don't win, but add an NHL team to the mix, it's inevitable that some of those casual sports fans will pick spending their money on hockey games instead of the Bucks. Granted, the Bucks owners would be able to charge an NHL team for rent and likely tax ticket sales, but even with that i don't think they'd want the ticket buying competition, the media attention competition, and anyone trying to bring an NHL team here wouldn't want to get gouged by the arena the play in, especially given how hugely important ticket revenues are in a sport lacking major TV deals like the other three big pro sports have.