The NHL has long been in the business of collecting photos for posterity and preserving them.
And now it’s getting a shot at taking over photo booth duties.
The NHL will be purchasing the photo booth licenses that were originally issued to the league’s teams in 2015.
The deal is worth about $5 million per team, with the NHL team owning 30 percent and the NHL-owned 25 percent of the licenses, per NHL Commissioner Gary Bettman.
The other 25 percent will be owned by the NHL Players Association.
In addition, the NHL and the Players Association will each pay for 10 percent of a new license, per Bettman, for each team, per a source.
The new license fees will be split among the 30 teams and each NHL team will be entitled to $1.5 million.
The licensing deal is expected to be announced at a news conference on Thursday.
In the end, it will be up to the NHLPA to decide whether to go forward with the project.
The teams will also receive a new, 10-year agreement that will last through 2026.
The contract will be worth $3 million per season, with an option for a further $1 million for each of the next three years.
In 2016, the agreement also included a two-year option for the 2018-19 season to extend it.
Bettman told reporters that it was expected that the deal would be approved by both parties, and that it “seems like we’ve got a really good deal here.”