Referenced on another thread, but here’s the first news account suggesting Penticton is leaving the BCHL for the WHL. Includes a reference to a fee being paid by the Vees to the Kelowna Rockets.
Lots of speculation that this is just the first shoe to drop, that Chilliwack may be next.

WHL awards expansion franchise to Penticton Vees, launches franchise application process for Chilliwack - Western Hockey League
The Western Hockey League announced today the awarding of an expansion franchise to the Penticton Vees for the 2025-26 WHL season along with the initiation of a franchise application process for the City of Chilliwack, to begin play in the 2026-27 WHL season.

As expected, Penticton has been awarded a WHL franchise. Chiliwack is expected to follow in 2026-27.