Nov 28, 2012, 1:01 PM EDT
They haven’t made the playoffs since before the last lockout, but the Toronto Maple Leafs are still worth a cool $1 billion, according to the newest Forbes valuations.
The Leafs’ valuation is by far the highest of all 30 NHL franchises, and it dwarfs the dollar figure assigned to the least valuable clubs.
After the Leafs, it’s the New York Rangers ($750 million), Montreal Canadiens ($575 million), Chicago Blackhawks ($350 million), and Boston Bruins ($348 million).
At the bottom end, the St. Louis Blues are the least valuable franchise at $130 million, slightly lower than the Phoenix Coyotes ($134 million) and Columbus Blue Jackets ($145 million).
It should be noted that in cases like the Blues, Forbes was able to use actual recent sale prices to determine value. For teams like the Bruins (Jeremy Jacobs has owned the B’s since 1975), valuations are estimates.
A few notes:
—- The Leafs are worth almost eight times more than the Blues. That’s a massive discrepancy compared to the NFL, where Forbes values the most valuable Dallas Cowboys ($2.1 billion) at just 2.7 times more than No. 32 Jacksonville ($770 million).*
—- Forbes estimates that 17 NHL teams are profitable, led by the Leafs with annual operating income of $81.9 million. League-wide earnings were pegged at $250 million, a number the league would likely dispute as too high.
—- The average franchise value is around $282 million. The average Canadian franchise value is around $400 million.
—- Winnipeg is the least valuable Canadian franchise at $200 million (No. 20).
—- Of the 10 least valuable franchises, six of them are in markets where it very rarely snows. (And we’re not talking about Vancouver.)
—- The brand value Forbes assigns to the Coyotes is $13 million. For the Leafs, it’s $154 million.
* The great equalizer in the NFL is national TV money, which is in the neighborhood of $3 billion per year and divided evenly among all franchises. The NHL is far more dependent on ticket sales and local broadcasting revenue. Thus, the NHLPA’s push for more revenue-sharing between franchises.
May 24, 2015, 1:00 PM EDT
He’s set to become an unrestricted free agent in July.
May 24, 2015, 12:30 PM EDT
He missed Game 4 due to an undisclosed injury.
May 24, 2015, 11:41 AM EDT
He owes St. Louis one more season.
May 24, 2015, 10:46 AM EDT
He has not coached since being fired by the Penguins last June.
May 24, 2015, 2:05 AM EDT
“Finally got a bounce.”
May 24, 2015, 12:52 AM EDT
Chicago wins another long overtime game.
May 24, 2015, 12:30 AM EDT
This series heads back to California, all even.
May 24, 2015, 12:08 AM EDT
Double overtime? Sure, why not?
May 23, 2015, 10:54 PM EDT
Chicago had the lead. Gave it up. Tied it up again.
May 23, 2015, 9:41 PM EDT
Trying to get under the opposition’s skin.
May 23, 2015, 9:18 PM EDT
Blackhawks and Ducks going at it.
May 23, 2015, 8:49 PM EDT
But emphasized the need to remain “professional.”
May 23, 2015, 8:04 PM EDT
The reaction to the big news continues to pour in.
May 23, 2015, 7:05 PM EDT
Anaheim can put Chicago on the brink of elimination.
May 23, 2015, 6:17 PM EDT
“I have a tremendous amount of respect for Claude.”
May 23, 2015, 5:30 PM EDT
He suffered an undisclosed injury in Game 3.
May 23, 2015, 4:44 PM EDT
Oilers’ prospects Leon Draisaitl and Marc-Olivier Roy were among those who received 10-minute misconducts on Friday night.
May 23, 2015, 3:43 PM EDT
His teammate Vladimir Sobotka is likely staying in Russia.
May 23, 2015, 2:45 PM EDT
The Bolts’ starter has allowed five goals in each of his last two starts.
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