NHL commissioner Gary Bettman has held his position for 32 years, making him the longest-tenured chief executive in North American professional sports history.

Craig Leipold, owner of the Minnesota Wild, recently indicated on The Sick Podcast that while Bettman's retirement may be on the horizon, it is likely still a few years away.

As Bettman continues to lead the league, he is preparing for the upcoming 4 Nations Face-Off event, which is set to start on February 12, 2025.

At 72 years old, Bettman has stated he has no immediate retirement plans, but he recognizes that he cannot remain in the role indefinitely.

In light of this, Leipold confirmed that the executive committee has begun exploring potential successors for Bettman.

The NHL is currently valued at approximately $5-$6 billion, and Leipold emphasized the importance of a careful transition to a new commissioner.

Leipold acknowledged Bettman's significant contributions to the league, stating it would be a 'sad day' when he eventually leaves.

Despite concerns over Bettman's potential departure, Leipold noted that the league is in strong financial health, with all teams performing well.

Leipold first brought up the possibility of Bettman's retirement to the executive committee before the NHL's Board of Governors meeting in December 2024.

Bettman's tenure has surpassed that of previous NHL president Clarence Campbell, who served from 1946 to 1977.