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EA Sports released a new trailer for NHL 18 today that shows off the game's enhanced franchise mode. A brief bit from the lengthy NHL 18 blog posting about the franchise mode, specifically a focus on the new 32 team expansion draft, can be found below.
From taking over the reins of the Vegas Golden Knights to adding in a 32nd team, the new Expansion Draft feature in Franchise Mode allows you to reshape the entire NHL. Run an authentic expansion draft where you select the best players from across the league, build a unique roster and take on the front office role to manage the team, the business and the games. Or if you’re playing as an existing franchise, protect your current team roster in the Expansion Draft by setting your own Protected Player list.

EXPANSION
There are 3 modes to play within NHL® 18 Franchise mode: Classic, 31 Team Expansion Draft and 32 Team Expansion Draft.