I heard that exchange. Nanne called in to report that the NHL is planning to go to 3 on 3 for overtimes and that an announcement should be forthcoming on that soon. (He's in Las Vegas where there are NHL meetings taking place.) Later discussion was about expansion in the NHL, not at the U. JG asked a somewhat snarky question at the end about the University fundraising alluding to the fact that there has not been any new information. Lou initially responded by repeating the information about the NHL potentially expanding, but when he caught on that they had shifted topics to the U, he added that they hope to "consummate" a couple of large donations in the next few months.
It was a disjointed exchange, but if you heard the whole thing it was clear was referring to the NHL expanding, not the University project.