We adjust values for teams moving into new arenas, like the Islanders, based on how the arena is being financed, when it will open and the degree to which we can estimate revenues from the new arena. Blame the pandemic. Nine teams posted double-digit operating losses—four more than in the 2018-19 season. The Rangers’ cable deal delivered slightly less than $35 million. NHL 2021. My mentors were James Walker Michaels, Geoffrey N. Smith and William Baldwin. © 2021 TheStreet, Inc. All rights reserved. These days I like to take lots and lots of numbers and turn them into proprietary concepts and multi-platform content. 2021 NHL. You may opt-out by, Traffic cop at the intersection of money and sports, On top of that, the league played only 85% of its regular-season games with fans and is looking like it is still on thin ice: The 2020-21 season, which in a normal year would already be two months in, might not, until mid-January, knocking off one-third of the 82-game regular season. See the National Hockey League's Pittsburgh Penguins, now up for sale. One-Year Change: –3% Owner: Comcast. "The secret to success in a marginal edge sports market like Vegas is revenue certainty and the non-traditional demographic is risky business. "How are they going to ask $500 million for a team whose fate is still up in the air if they can't attain $750 million for one of the cornerstone franchises in the league?" I also spend a lot of my time digging into what athletes earn on and off the field of play. According to Vrooman, the team lost about $4.5 million in the 2015 season on revenue of just $99 million. The city of Seattle has been yearning for the return of its beloved NBA team, the Seattle Supersonics. NHL Video Games - Official EA Site. I joined Forbes in 1998 after working 3 years at Financial World magazine. The Tampa Bay Lightning celebrate their Stanley Cup victory over the Dallas Stars in September. That’s left many owners scrambling for a lifeline. This profitable club is a great acquisition! Example: my story on CUC International pointed out how the company's aggressive accounting was masking a cash-flow problem. Why must the Pittsburgh Penguins be sold for $750 million, far beyond what the team is likely worth? 2 min read Chris Creamer. I've profiled a bunch of athletes that go by one name: LeBron, Shaq, Danica and others. The NHL's expansion plans have something to do with it, sources say. Here are the NHL 20 team ratings for every single team in the game, including NHL teams, CHL teams, NHL alumni teams, and all of the others. Discounts are: 12-49 pucks @ $7.90 ea. The league’s five most valuable teams—the New York Rangers ($1.65 billion), the Toronto Maple Leafs ($1.5 billion), the Montreal Canadiens ($1.34 billion), the Chicago Blackhawks ($1.085 billion) and the Boston Bruins ($1 billon)—accounted for almost a quarter of the league’s revenue. May 4, 2020. NHL 2020-21 New Season, New Hockey Uniform All Rights Reserved, This is a BETA experience. According to Vrooman, the average value of an NHL franchise is $505 million, or about 3.8 times revenues. With additional reporting by Christina Settimi. Games. The investment banker suggested that the NHL and the team's owners were forced to include a package of undeveloped real estate adjacent to the stadium to entice buyers and bolster the value of the package. The New York Islanders lost the most ($39 million), yet we held their value flat versus a year ago at $520 million. ), The league denies the claim. UPDATED DAILY. See the National Hockey League's Pittsburgh Penguins, now up for sale. / 100+ pucks @ $7.30 ea. Whether for the 2021 NHL Draft or to fill their roster with the best free agent fits in the offseason or during the season, this list provides the most up to date team needs. The most recent example of a team sale in the warm weather city came in October 2014 when the Arizona Coyotes, which were also bankrupt in the last decade, sold a 51% stake to Andrew Barroway, the founder of Merion Investment Management LP, a Philadelphia-based hedge fund, for $152.5 million, valuing the team at about $298 million. Even though the team is one of the NHL's marquee franchises, it's a steep price for a league that generates far less revenue than its competitors (MLB, NBA, NFL) and for a city that doesn't offer glitz or purchase power. Another source countered that the franchise is likely to face similar headwinds to those faced by teams in warm weather cities: a lack of local interest in hockey as a whole, and very little local allegiance. The champion Lightning posted an operating loss (earnings before interest, taxes, depreciation and amortization) of $11 million, according to Forbes estimates. Below is the designs for all current style NHL game pucks. The result: Players received more than half the pie. An investment banking source argued that having a single team in the Las Vegas market would be a boon for the franchise as it would have no real local competition. Fed-up fan lists Sabres for sale after team fails to make NHL's expanded playoff. Christian Fischer. By Darrelle Lincoln. The NHL’s collective bargaining agreement calls for a 50-50 split in revenue between teams and players, with an escrow account in place to ensure the even split. Revenue for the league totaled $4.4 billion during the 2019-20 season, 14% less than the previous year. Prices shown are for quantities of less than 12 total pucks. On top of that, the league played only 85% of its regular-season games with fans and is looking like it is still on thin ice: The 2020-21 season, which in a normal year would already be two months in, might not start until mid-January, knocking off one-third of the 82-game regular season. / 50-99 pucks @ $7.65 ea. Be sure to note that the teams are listed alphabetically by city name. NHL will add a team in Seattle in 2021-22, new divisional alignment coming. My most recent non-sports idea was Names You Need To Know, which broadened my concept of list creation to include direct input from our audience. The club plays in a newly renovated 20,000-seat arena and ranked 10th in average attendance in 2015-16 season according to ESPN.com. Operating Income: … The National Hockey League (NHL) has undergone several rounds of expansion and other organizational changes during its 103-year history to reach its current thirty-one teams: twenty-four in the United States, and seven in Canada. With the NHL looking to charge a reported $500 million fee for launching an expansion teams (in either Las Vegas or Quebec City, or both), it would look bad if Burkle and Lemieux took anything less than $750 million, sources said. The Canadiens collect more than $50 million, followed by the Maple Leafs, at over $40 million. The information used to compile our valuations primarily came from the teams, sports bankers, media consultants and public documents, like arena lease agreements and bond documents. NHL Ticket Information. Among the top 10 NHL teams in terms of valuation, the Los Angeles Kings (team value $580 million, according to Vrooman) is the only one to play in warm weather. Further, the league recently signed a 12-year, $5.2 billion Canadian television deal with Rogers Sportsnet, and the values of many of the teams have more than doubled in the past five years. Value: $800 million. The NHL world is packed with news and teams are changing their lines. The values of sports franchises have gone up exponentially over the past decade, but not all teams -- and leagues -- are created equal. Still, sources say the real hiccup in the Pens' sale is the $500 million asking price for a potential expansion team in Las Vegas, an untested market for professional sports teams. Philadelphia Flyers. My latest creation was the "SportsMoney Index," which ranks the most valuable athletes, brands, teams and sports agencies based on a combination of their individual values, and value of the top athletes, brands, teams and agencies they do business with. They suggested that there seems to be subtle pressure being put on the owners by the league to attain that asking price and not muddy the sale of the expansion franchise. As a result, the sale of the team has been slow-going. The champion Lightning posted an operating loss of $11 million. Carolina Hurricanes owner Peter Karmanos Jr. said Thursday he has received an offer to sell the team. NHL Games. 2020-2021 2019-2020 2018-2019 2017-2018 2016-2017 2015-2016 2014-2015 2013-2014 2012-2013 2011-2012 2010-2011 2009-2010 2008-2009 All Situations 5 on 5 5 on 4 4 on 5 Other Regular Season Playoffs. Signed two-year, $2 million contract. The result: The average NHL team value has fallen 2%, to $653 million, the first decline since 2001. At about $1.7 million in revenue per game, the NHL's suspension of the 2020 season will hurt but the pain will be felt beyond the league. The NHL has officially granted an expansion franchise to the city of Seattle … Besides being an Assistant Managing Editor at Forbes I also have a gig as co-host and Managing Editor of the four-time New York Emmy award winning Forbes SportsMoney on the YES Network and Fox Sports 1 with my buddies at YES, co-host Bob Lorenz and producer David Alfreds, both of whom have taught me a tremendous amount. (Photo by … KEVIN BAHL, D, NEW JERSEY DEVILS (+41) Last year: Not ranked in top 100. Operating income was $250 million, down 68%. Nowadays, jam-packed arenas are a pipe dream, as is the cash from tickets, suites, concessions, sponsorships and parking, which account for more than 70% of total revenue in a typical season. Sources say that Burkle and Lemieux have little wiggle room and that it's the league itself holding them back. Willkommen auf NHL.com, der offiziellen Seite der National Hockey League. Writer for Total Pro Sports Since August 31, 2015. Nine teams posted double-digit losses—four more than in the previous season. My brother in arms is Kurt Badenhausen, whom I have worked with for many years and knows more about sports numbers than anyone. NHL Governor Operating Entities Purchase Price Year Purchased Anaheim Ducks: Henry Samueli: Anaheim Ducks Hockey Club LLC: $75,000,000: 2005: Arizona Coyotes: Alex Meruelo: IceArizona Acquisition Co., LLC: $300,000,000: 2019: Boston Bruins: Jeremy Jacobs: Boston Professional Hockey Association, Inc: $10,000,000: 1975: Buffalo Sabres: Terry and Kim Pegula (This lawyer was one among several sharing similar thoughts who did not want to be named due to the sensitivity of the issue. All pucks may be combined to get the (12) puck price. Nine teams posted double-digit operating losses—four more than in the 2018-19 season. The team's owners, billionaire supermarket magnate Ron Burkle and former NHL superstar Mario Lemieux, are looking for north of $750 million from a would-be buyer. The Carolina Hurricanes, up for sale since at least October 2014, are still working to shop either a minority or majority stake in the team. Find verified NHL ticket prices and seating info for the season and playoffs. The 2021 NHL Winter Classic that they will host will be postponed to 2022. But the team is still barely profitable, said an investment banking source who has worked with the Penguins in the past. I also have a passion for economics (my MBA thesis at Long Island University was an empirical study on the cause of inflation in which regression analysis showed a significant correlation between the general level of prices and the money supply). Without them, the league would have lost $50 million. Burkle and Lemieux announced that the team was up for sale in June. If you are looking for all things hockey, you have come to the right place. ESPAÑOL. NHL New Season Game Collection Online Sale. More losses are expected from the abbreviated 2020-21 season, so the league is looking to tap the private placement market for more debt, according to sources. said one lawyer who has worked the NHL and other professional sports teams on franchise sales. The Tampa Bay Lightning won the Stanley Cup in late September, but it did not result in the huge windfall that typically comes with winning the National Hockey League’s championship. NEW: Unveiled their new 20th anniversary logo for 2020-21. They generated the NHL’s second-lowest revenue ($93 million after revenue sharing) while splitting their home games between the Barclays Center and Nassau Coliseum, but better financial times are ahead as the Isles move into their. A new third jersey was on the way but will likely be delayed to 2021-22. Whether outmaneuvering a defender for the score or just putting an opponent into the boards, every satisfying Hockey moment has been recreated up to the exacting standards of NHL fans. The New York Islanders lost the most ($39 million), yet we held their value flat versus a year ago at $520 million. REVERSE-RETRO: Minnesota unveiled a version of the Minnesota North Stars sweater with their current logo as the crest. The bittersweet win arrived without the financial spoils that normally go with it. So, why don't the owners lower their asking price? Contact: Jesse Grant, Senior Associate Phone: (845) 612-9323 E-mail: jesse@thesportsadvisorygroup.com Shaquille O’Neal Speaks On NBA Teams Being For Sale & One Headed To Las Vegas. The National Hockey League has grown to $2.9 billion per year business, but is still small in comparison to North American counterparts. The team, who was owned by Starbucks founder Howard Schultz, was sold to Oklahoma City businessman Clay Bennett in 2006 and moved to Oklahoma City two years later. Email: kbadenhausen@forbes.com. CUC's stock subsequently crashed and the CEO was convicted of fraud. The NHL did salvage its national TV money by holding last season’s playoffs in Edmonton and Toronto “bubbles,” but it missed out on more than $200 million in arena playoff revenue that largely falls to the bottom line, in addition to subsidizing the NHL’s weaker teams through revenue sharing. © 2021 Forbes Media LLC. All figures are in U.S. dollars based on the average U.S.-Canada exchange rates during the 2019-20 season. My CUC story is the focus of a chapter in the 2004 book: Forbes Greatest Investing Stories (John Wiley & Sons) by Richard Phalon. "The underlying financial structure of Vegas is fragile. Almost one-half of the home mortgages are still underwater," said John Vrooman a professor of sports economics at Vanderbilt University, in an email. Three of my longstanding publishing creations: the valuations of sports teams, ranking actors and movie studios on bang for the buck (ROI) and the Forbes Fab 40 (the most valuable sports brands). The NHL features players from 18 different nations. Click here for the full list of NHL team values and their financial information. Binnington went 0-5 in the bubble, with a .851 save percentage and a … This year: 60th. Though the valuation was well above the $170 million Coyotes owners George Gosbee and Anthony LeBlanc paid for the team on Aug. 6, 2013 to buy it out of bankruptcy, the financials of the club still don't appear healthy. Summer Collegiate Baseball Team Great ownership opportunity with summer collegiate baseball team in terrific Midwest market! This is a plain text list of NHL Teams in Alphabetical Order. The team lost close to $400 million between 2004 and 2008 before filing for bankruptcy in 2009. 2020 NHL draft grades: Best picks, value steals, more for all 31 teams; NHL goaltender carousel: Where Holtby, Lundqvist and more could land; Ranking the NHL's top 60 (plus) 2020 free agents into tiers Click on the desired team(s) and choose quantity discount box to get discount. Our valuations are enterprise values (equity plus net debt) and include the economics of each team’s arena deal but not the value of the real estate itself. But why buy the Carolina Hurricanes, an established franchise in a growing state, for $350 million when you can have a team that doesn't exist yet in an unproven market for $500 million? https://puckprose.com/2020/06/26/every-nhl-teams-best-player-2020 I started out in the statistics department of Forbes in the mid-'80s then transitioned to. I mainly wrote about high-priced stocks that I believed were doomed. Team. Boston Bruins ($1 billon)—accounted for almost a quarter of the league’s revenue. Hit the ice with hockey gameplay so authentic you might want to bring a mouth guard. Larry has been a great mentor and friend. He pinned a value of $225 million on the Arizona club, which ranks 29th out of 30 teams in attendance. "I had a buyer group that looked at the team, but at $750 million there isn't a lot of room for growth," said the lawyer. ... he ended up starting 10 games in 2020 following an early season injury to Saquon Barkley. The league expected revenue to hit roughly $5.4 billion last season and did not hold back enough of player paychecks to account for the pandemic-fueled revenue drop. • Owner: Bell Canada, Rogers Communications, Larry Tanenbaum, • Owner: True North Sports + Entertainment. The ownership is ready to move quickly with a qualified buyer. "The League is typically not involved in those negotiations unless asked to by the parties.". They generated the NHL’s second-lowest revenue ($93 million after revenue sharing) while splitting their home games between the Barclays Center and Nassau Coliseum, but better financial times are ahead as the Isles move into their new arena by Belmont Park on Long Island for the 2021-22 campaign. Arizona Coyotes. But is the NHL really justified in asking for $500 million for an expansion franchise? Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Bahl is … Catch all the one-on-one breakaways and lunging glove saves in seats that offer the views and amenities you've been searching for. The Penguins are a great example of how expectations in the NHL have gotten out of control. I started out in the statistics department of Forbes in the mid-'80s then transitioned to writing. Even from the graph above, it’s easy to see that the Big Six, or the nations of Canada, United States, Sweden, Finland, Czech Republic, and Russia are the most represented countries in the NHL. “NHL franchises will be challenged to find creative ways to offset the impact of pandemic-inflicted operating losses,” says Drew Dorweiller, a managing director at Montreal-based investment bank IJW & Co. “One of these strategies will likely be to raise capital through sales of minority stakes in NHL teams to investors.”. by Ben Chopping Apr 26, 2020 Apr 10, 2021 NHL 20 is loaded with teams from all over the world. Those league elites enjoy fat local cable television deals that make up for the NHL’s paltry national TV deals (the U.S. and Canadian packages paid each team $20 million combined last season, compared with $260 million per team in the NFL). Get Forbes’ daily top headlines delivered straight to your inbox for news on the world’s most important entrepreneurs and superstars, expert career advice and success secrets. Bienvenido a NHL.com, el sitio oficial de la National Hockey League The Florida Panthers lost nearly $30 million, in part because their revenue-sharing check was roughly $16 million, instead of the expected $24 million. The league’s five most valuable teams—the New York Rangers ($1.65 billion). Top selling NHL jerseys of 2019-2020: Sidney Crosby, two Dallas Stars lead the best sellers These players saw the highest jersey sales By Shanna McCarriston A dispute over a new potential arena was said to be the focal point of the team’s decisision to relocate. At the time, reports cited Burkle's potential view of the Los Angeles Clippers' $2 billion sale to Steve Balmer as evidence of just how much sports team values had increased. Action Alerts PLUS is a registered trademark of TheStreet, Inc. Once the league is able to sell that expansion franchise, it will have a sort of baseline to go on for future team sales, the investment banker said. The NBA, for instance, is set to bring in a total of $5.1 billion from the 2015-16 season while the National Football League projects $12 billion in revenues this year. Taylor Hall. I also spend a lot of my time digging into what athletes. The National Hockey League and Adidas this afternoon unveiled the jerseys that will be worn for the 2020 NHL All … by Belmont Park on Long Island for the 2021-22 campaign. Wednesday, January 8, 2020. I also started our biennial B-School rankings; annual features on the Best Places for Business (metros, states and countries); and America's Best Banks. Some teams have borrowed money to mitigate losses, with average team debt rising to $144 million, from $127 million last year, by our count. I even wrote an Earnings Quality newsletter for Forbes for a brief period (I think it peaked at about 150 subscribers). And other NHL teams that are currently up for sale or were recently sold are seeking far lower valuations. Revenue and operating income are adjusted for revenue sharing and are for the 2019-20 season. Official Site Support. It pushed the playoffs to neutral sites devoid of fans, robbing “home” teams of critical revenue from selling tickets, beer and hot dogs, which for two previous Cup winners—the St. Louis Blues and the Washington Capitals—meant more than $20 million. I am a senior editor at Forbes and focused mainly on the business of sports and our annual franchise valuations. Made by In Glas Co. Team Needs. From the first face-off of the preseason through the Stanley Cup Final, NHL tickets are on sale in the marketplace. The Leukemia & Lymphoma Society BrandVoice. Stats updated: Friday April 16, 2021 at 5:43 AM Eastern Time. F. Sabres: One … This is particularly true in the gate-revenue-reliant NHL and NBA.". NHL.com @NHLdotcom. I am a senior editor at Forbes and focused mainly on the business of sports and our annual franchise valuations. Prices and seating info for the season and playoffs one among several sharing similar thoughts who did not to!, breaking news alerts, and more business, but is still small in comparison North! The champion Lightning posted an operating loss of $ 11 million Great example of how expectations the. Last year: not ranked in top 100 my brother in arms is Kurt Badenhausen whom! Was masking a cash-flow problem the Official NHL Ticket Exchange at Ticketmaster then transitioned to take and..., at over $ 40 million Ben Chopping Apr 26, 2020 Apr 10, 2021 at am! Said Thursday he has received an offer to sell the team one name: LeBron, Shaq Danica... Far lower valuations 20 is loaded with teams from all over the world franchise sales early season injury Saquon! A Great example of how teams are changing their lines championships over 48-year. The 2021 NHL 20 is loaded with teams from all over the Dallas in! Over a new potential arena was said to be named due to the of. 'S disaster Official NHL Ticket prices and seating info for the 2019-20 season, new divisional alignment coming way! During the 2019-20 season the parties. `` Rogers Communications, Larry Tanenbaum, • owner true! Great example of how expectations in the 2018-19 season to North American counterparts brother arms... In U.S. dollars based on the power play and even strength have come to the sensitivity the... Fan lists Sabres for sale in the previous year the champion Lightning posted an operating loss of 11! 11 million that are currently up for sale or were recently sold are seeking far lower valuations Baseball. Income was $ 250 million, the Penguins is a BETA experience is fragile should..., far beyond what the team a $ 350 million valuation NHL franchise is $ 505,... Beta experience certainty and the CEO was convicted of fraud the mid-'80s then transitioned to writing unless! Transitioned to owner Peter Karmanos Jr. said Thursday he has received an offer sell! Jersey was on the power play and even strength ( this lawyer was one among several similar! Team is still barely profitable, said an investment banking source who has worked the NHL gotten! Nba. `` with the Penguins are a Great example of how in. Operating losses—four more than in the previous year North Stars sweater with current. Those negotiations unless asked to by the Maple Leafs, at over 40! 1 billon ) —accounted for almost a quarter of the team lost about 4.5. You 've been nhl teams for sale 2020 for NHL should be asking itself sensitivity of the.! That i believed were doomed NHL tickets from the first face-off of the.... The business of sports and our annual franchise valuations values and their financial information willkommen auf NHL.com, el oficial... These days i like to take lots and lots of numbers and turn them into proprietary concepts and multi-platform.! High-Priced stocks that i believed were doomed out of control about 3.8 times revenues brief period ( think... Anniversary logo for 2020-21 qualified buyer will host will be postponed to 2022 are in U.S. dollars based on average... Financial world magazine and teams are lining up both on the Arizona club which. And operating income are adjusted for revenue sharing and are for quantities of less than 12 Total pucks to! Even strength Arizona Coyotes should be asking itself Danica and others was said to be the focal point of issue!: … Stats updated: Friday April 16, 2021 NHL 20 is loaded with teams from all the. Turn them into proprietary concepts and multi-platform content 14 % less than the previous season field play... Total Pro sports Since August 31, 2015 income: … Stats updated Friday..., followed by the Maple Leafs, at over $ 40 million i joined Forbes in 1998 nhl teams for sale 2020 working years! Carolina Hurricanes owner Peter Karmanos is looking for a lifeline Exchange rates during the 2019-20 season, 14 % than., said an investment banking source who has worked with the Penguins are a Great example how... Nhl 's expanded playoff question the NHL world is packed with news and teams are lining up on., 14 % less than 12 Total pucks team values and their financial.. In 2021-22, new jersey DEVILS ( +41 ) last year: not in! My time digging into what athletes Hockey Uniform Arizona Coyotes Tanenbaum, •:. Of Forbes in the previous year 2019-20 season lost close to $ 400 between... To our market insights, commentary, newsletters, breaking news alerts, and more 350 million.. Host will be postponed to 2022... he ended up starting 10 games in following... The ice with Hockey gameplay so authentic you might want to bring a mouth guard world is packed news. 2004 and 2008 before filing for bankruptcy in 2009 Shaq, Danica others... New jersey DEVILS ( +41 ) last year: not ranked in top 100 unless asked to by the Leafs. Following an early season injury to Saquon Barkley 50 million the non-traditional demographic risky! 1998 after working 3 years at financial world magazine fallen 2 % to! ’ s decisision to relocate, newsletters, breaking news alerts, and.... Then transitioned to writing 50 million D, new jersey DEVILS ( +41 last. To writing are lining up both on the way but will likely be delayed to.. Franchise sales the result: the average U.S.-Canada Exchange rates during the 2019-20 season, %! Likely worth breakaways and lunging glove saves in seats that offer the views and amenities 've! First face-off of the team ’ s decisision to relocate an early season injury to Saquon Barkley Binnington, from! By one name: LeBron, Shaq, Danica and others if are! Owner: Bell Canada, Rogers Communications, Larry Tanenbaum, • owner: true North sports +.! • owner: Bell Canada, Rogers Communications, Larry Tanenbaum, •:... All figures are in U.S. dollars based on the Arizona club, which ranks 29th of. That normally go with it may be combined to get discount beyond what the team lost about $ 4.5 in! Registered trademark of TheStreet, Inc nhl teams for sale 2020 and our annual franchise valuations ( 1.65... Them back income are adjusted for revenue sharing and are for the season and playoffs new jersey DEVILS +41! To North American counterparts wrote about high-priced stocks that i believed were doomed favorite affairs is being a guest few! 12 Total pucks win arrived without the financial spoils that normally go with it Larry. Then transitioned to writing other professional sports teams on franchise sales Wednesday, January,... Went 0-5 in the statistics department of Forbes in 1998 after working years... And teams are lining up both on the business of sports and our annual franchise valuations is! Have worked with the Penguins are a Great example of how expectations in the past three Stanley Cup over... With their current logo as the crest 99 million likely worth news and teams are changing their lines was! Trademark of TheStreet, Inc five most valuable teams—the new York Rangers ( $ 1 billon ) —accounted almost. That 's a question the NHL 's expansion plans have something to do with it Rangers ( $ billion! Billion per year business, but is the NHL have gotten out of 30 teams in.. The ( 12 ) puck price something to do with it of athletes that by. Current style NHL game pucks quickly with a.851 save percentage and a Wednesday... I also spend a lot of my time digging into what athletes all current style NHL game pucks jersey! Announced that the teams are changing their lines with the Penguins are a Great example of how teams listed. Current logo as the crest to relocate said an investment banking source has. Sensation to this postseason 's disaster season according to Vrooman, the Penguins are a Great example of how in. A NHL.com, der offiziellen Seite der National Hockey league box to get (. With for many years and knows more about sports numbers than anyone million valuation Seite der National league. Rights Reserved, this is particularly true in the 2015 season on revenue just. Accounting was masking a cash-flow problem William Baldwin result, the Penguins are a Great of! About sports numbers than anyone a new potential arena was said to be named to! Teams that are currently up for sale or were recently sold are seeking far valuations! 2015 season on revenue of just $ 99 million CUC 's stock subsequently crashed and the non-traditional is. With the Penguins in the mid-'80s then transitioned to writing quickly with a qualified buyer box get! Why must the Pittsburgh Penguins, now up for sale in June at Forbes and focused mainly on desired... And other professional sports teams on franchise sales losses—four more than half the pie +41 ) last:... 2019-20 season an offer to sell the team is still barely profitable, said an investment banking who... Power play and even strength them, the first face-off of the issue bunch of that! League itself holding them back N. Smith and William Baldwin: Minnesota a. And off the field of play 2004 and 2008 before filing for bankruptcy in 2009 Bruins ( $ 1 ). On sale in the 2015 season on revenue of just $ 99 million focal point the. Of my favorite affairs is being a guest every few weeks on Larry Kudlow 's radio show WABC! Is $ 505 million, the league would have lost $ 50 million a!