In the last 20 years, there has been a notion throughout the NHL and its fan base that Toronto could support a second NHL franchise. There have been a few attempts to land a second franchise including when former black Berry CEO Jim Balsillie tried to acquire the Nashville Predators and bring them to Hamilton ON and the idea of an expansion team in the city of Markham which is just to the north of downtown Toronto all have failed.
I certainly think there's a market for another team, and I feel that this hypothetical team, whether it's a relocation from Arizona or a brand new expansion team would be highly successful financially and on the ice as we have seen in Seattle and Las Vegas recently.