Relocation doesn't affect things like in real life that's for sure, but there's positive history. Avangard won a cup in S7 but did little else, was in a terrible location (if you can even call that a location) then moved to Davos and boom, best franchise in the league.
Stockholm, S1-S7, just not good, moved to Riga and was possibly the best team in the league for its first 15ish seasons. Still alright now. Hamilton to New York didn't pay dividends straight away but New York is just a good location even when they have had laughably bad luck.
Hell, Vasteras moved to Madrid and was a decent success in terms of perception, until Zach Voss came along.
To answer the actual thread question, not for me.