Vegas Golden Knights owner Bill Foley is a graduate of the U.S. Military Academy at West Point but says that the naming of his NHL expansion team doesn't cross any lines with the U.S. Army, whose longtime elite parachute team also uses the nickname Golden Knights.

"I have complete respect for the US Army and all that it does for our nation," Foley told ESPN in an email after news surfaced that the U.S. Army was looking into the official naming of the 31st NHL franchise last week because of the shared nickname.

"Our development and use of the name Vegas Golden Knights was based upon Nevada being the largest gold producing state in the country and the golden tones of the Las Vegas strip," Foley wrote.

Five months after being awarded an NHL franchise, Las Vegas' expansion team finally has a name. The Vegas Golden Knights will be the city's first major professional sports team when they begin play in the 2017-18 season.

Golden Knights owner Bill Foley made the announcement, alongside NHL commissioner Gary Bettman and team general manager George McPhee, in front of a raucous crowd outside the recently constructed T-Mobile Arena, the team's new home, located just off the Las Vegas Strip.

Seahawks quarterback Russell Wilson announced Monday that he is joining an ownership group led by investor Chris Hansen that is working on building an NBA/NHL arena in Seattle's SODO neighborhood.

The Las Vegas expansion team will unveil its nickname, logo and team colors on Nov. 22.

Attending the event will be Las Vegas team owner Bill Foley, NHL commissioner Gary Bettman and Las Vegas team general manager George McPhee. The announcement will take place in the plaza outside T-Mobile Arena, the home of the NHL's newest franchise.

Foley told ESPN's Scott Burnside in October that the expansion team would be called "something Knights" and that the team colors would include steel gray.