New Forbes team valuation list

[jstewismybastardson]

The Business Of Hockey

NJ Devils Debt/value ratio increased ... jeesh!

TBay goes to the conference finals and has the 3rd worst operating income

 

[mooger_35]

Phoenix operating income: -24.4 million


you are doing it wrong.



edit: I love the revenue per fan number. $11 for the yotes. LOL

 

[jstewismybastardson]

Phoenix operating income: -24.4 million


you are doing it wrong.

Islanders generated less revenue than Phoenix

 

[dash]

30 strong and vibrant franchises - I think Bettman is channeling his inner George Costanza:

"Remember Jerry, it's not a lie if you believe it"

 

[jstewismybastardson]

30 strong and vibrant franchises - I think Bettman is channeling his inner George Costanza:

"Remember Jerry, it's not a lie if you believe it"

Three years ago NHL commissioner Gary Bettman told me not a single NHL team was worth less than $200 million. But money-losing teams are being sold for much less. In February Forbes 400 member Terrence Pegula bought the Buffalo Sabres, who lost $5.6 million last season, for $165 million. The St. Louis Blues and Carolina Hurricanes, two other teams losing money, are being shopped at prices well below $200 million. And the New Jersey Devils, who sank 17% in value to $181 million, are in such bad shape financially that there is speculation the team could be headed for bankruptcy and a court supervised sale like the Dallas Stars.

 

[jstewismybastardson]

Yet a handful of teams, most of which play in big markets, are making piles of money. The league’s most valuable team, the Toronto Maple Leafs, is now worth $521 million and generated $81.8 million in operating income last season. The New York Rangers, who are enjoying the benefits of playing in a refurbished Madison Square Garden, earned $41.4 million last year and are the NHL’s second-most valuable team, worth $507 million. And the Montreal Canadiens, placing third with a $445 million valuation, earned $47.7 million. Thus the top three teams posted an aggregate operating profit greater than the rest of the league combined.

 

[dash]

There's no way either the Oilers or Flames are worth $200 million...Now that could possibly change with new arenas in their respective cities, but currently not even close.

 

[elocomotive]

30 strong and vibrant franchises - I think Bettman is channeling his inner George Costanza:

"Remember Jerry, it's not a lie if you believe it"

Lol. I thought this part of the article was kinda funny...

Yet a handful of teams, most of which play in big markets, are making piles of money. The league’s most valuable team, the Toronto Maple Leafs, is now worth $521 million and generated $81.8 million in operating income last season. The New York Rangers, who are enjoying the benefits of playing in a refurbished Madison Square Garden, earned $41.4 million last year and are the NHL’s second-most valuable team, worth $507 million. And the Montreal Canadiens, placing third with a $445 million valuation, earned $47.7 million. Thus the top three teams posted an aggregate operating profit greater than the rest of the league combined.

Having all that cash gives teams an advantage when it comes to keeping talent despite the salary cap because teams can reduce their payroll for salary cap purposes by sending players to minors or Europe...

Yes, we are all aware of the wild success and deep playoff runs of the Rangers, Leafs, and Habs in the last decade b/c of all that extra cash on hand. Good article, but I thought the competitive edge part was a little off. The difference between the highest spending team and the lowest spending team is smaller in hockey than any of the other major sports.

 

[sabresfaninthesouth]

Is it just me, or is that listing a bit confusing?

In the article, the values talked about are totally different than what's in the table listing of all the teams.

 

[dare2be]

The difference between the highest spending team and the lowest spending team is smaller in hockey than any of the other major sports.

Part of the reason is that the average spending per team is much smaller than any other major sport as well. A better comparison would be to compare the ratio of the highest spending team with the lowest spending team in each sport.

 

[jstewismybastardson]

Yes, we are all aware of the wild success and deep playoff runs of the Rangers, Leafs, and Habs in the last decade b/c of all that extra cash on hand. Good article, but I thought the competitive edge part was a little off. The difference between the highest spending team and the lowest spending team is smaller in hockey than any of the other major sports.

yah that part is a bit off ... while a high revenue team could logically park salary in the minors or europe ... what GM wants to do that? Thats the one thing I have been surprised about with this version of the CBA ... teams could be dispatching poor performing players but have chosen not to ... I guess they'd prefer to blow their brains out on July 1 and live with their mistakes

 

[jstewismybastardson]

Is it just me, or is that listing a bit confusing?

In the article, the values talked about are totally different than what's in the table listing of all the teams.

looks like their "team valuation" is made of of 4 components ... sport, market, stadium, brand

the ranking list only shows the "market" component for some reason

 

[4thstreet]

Three years ago NHL commissioner Gary Bettman told me not a single NHL team was worth less than $200 million. But money-losing teams are being sold for much less. In February Forbes 400 member Terrence Pegula bought the Buffalo Sabres, who lost $5.6 million last season, for $165 million. The St. Louis Blues and Carolina Hurricanes, two other teams losing money, are being shopped at prices well below $200 million. And the New Jersey Devils, who sank 17% in value to $181 million, are in such bad shape financially that there is speculation the team could be headed for bankruptcy and a court supervised sale like the Dallas Stars.

Fuck the Forbes valuations,a team is worth what some jackass is willing to pay.
Who in their right mind would ante up $200 mil for a franchise that is averaging under 10,000 fans.Anyone that does should be investigated for money laundering.

 

[puckhead]

edit: I love the revenue per fan number. $11 for the yotes. LOL

beer in the arena was $9.50.
but they did have Boddingtons!

30 strong and vibrant franchises - I think Bettman is channeling his inner George Costanza:
"Remember Jerry, it's not a lie if you believe it"

12 of them making an operating profit

 

[sabresfaninthesouth]

looks like their "team valuation" is made of of 4 components ... sport, market, stadium, brand

the ranking list only shows the "market" component for some reason

Ah, so you have to click through to each team for the full numbers.

Got it. Thanks.

 

[jstewismybastardson]

There's no way either the Oilers or Flames are worth $200 million...Now that could possibly change with new arenas in their respective cities, but currently not even close.

If True North paid 170mill for Atlanta maybe the valuation isnt that far offside. What someone is willing to pay always skews things. The question is would someone step up and pay over 200 mill to buy either the Flames or Oilers if they came up for sale? I think the answer might be yes

 

[jstewismybastardson]

Fuck the Forbes valuations,a team is worth what some jackass is willing to pay.Who in their right mind would ante up $200 mil for a franchise that is averaging under 10,000 fans.Anyone that does should be investigated for money laundering.

this is true

 

[blindbaby]

There's no way either the Oilers or Flames are worth $200 million...Now that could possibly change with new arenas in their respective cities, but currently not even close.

Interesting though that the Oilers operating revenue of 17 mill is top five in the league.

 

[dash]

If True North paid 170mill for Atlanta maybe the valuation isnt that far offside. What someone is willing to pay always skews things. The question is would someone step up and pay over 200 mill to buy either the Flames or Oilers if they came up for sale? I think the answer might be yes

Wasn't 50 million of that purchase price a relocation fee for the league?!? I seem to recall the Thrashers were only be valued at approximately $110 million at the time.

 

[jstewismybastardson]

Wasn't 50 million of that purchase price a relocation fee for the league?!? I seem to recall the Thrashers were only be valued at approximately $110 million at the time.

true but it doesnt change the fact that someone was willing to pay that much in total for a team in that market (which is smaller than calgary and Edmonton)