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.
Oct 1, 2014, 6:38 PM EDT
One last chance for a tune-up.
Oct 1, 2014, 5:00 PM EDT
Where he’ll resume coaching duties for KHL Lokomotiv.
Oct 1, 2014, 4:01 PM EDT
Didn’t take advantage of their opportunities.
Oct 1, 2014, 2:46 PM EDT
Sounds like both will start the season at center.
Oct 1, 2014, 2:24 PM EDT
Off to AHL Lake Erie they go.
Oct 1, 2014, 2:10 PM EDT
“We have not been in contact with the IOC and they have not been in touch with us.”
Oct 1, 2014, 2:09 PM EDT
Meaning all of Columbus’ No. 1 line — Jenner, Ryan Johansen and Nathan Horton — is now out of action.
Oct 1, 2014, 1:47 PM EDT
He won’t be ready for the season opener.
Oct 1, 2014, 1:33 PM EDT
Both have one-year, two-way contracts.
Oct 1, 2014, 1:26 PM EDT
And Zack Stortini has been placed on waivers.
Oct 1, 2014, 1:12 PM EDT
“You can tell a guy ‘don’t dive’, but even on our team we’ve seen a few of them.”
Oct 1, 2014, 1:04 PM EDT
Another veteran d-man, Nolan Yonkman, was also released.
Oct 1, 2014, 12:45 PM EDT
“But we’ve talked and we’ll continue to talk about it.”
Oct 1, 2014, 12:35 PM EDT
A rookie head coach, some significant roster turnover and the annual questions in goal.
Oct 1, 2014, 12:08 PM EDT
The second overall pick in the 2014 draft has gone pointless in three preseason games.
Oct 1, 2014, 11:54 AM EDT
Oct 1, 2014, 11:30 AM EDT
Pending RFA forward’s deal is up at the end of the season.
Oct 1, 2014, 11:07 AM EDT
Alex Goligoski is the team’s No. 1 d-man. And that’s a concern.
Oct 1, 2014, 10:56 AM EDT
“It was clicking on full cylinders there.”
Oct 1, 2014, 9:55 AM EDT
One of them was rusty.
- Julien thinks diving crackdown is ‘step in the right direction’ 25
- Holland doesn’t see Babcock deal by start of season 6
- Risk Factors: Pittsburgh Penguins edition 4
- PHT Morning Skate: Flyers bringing back Ice Girls 14
- Dillon’s agent: Discussions with Stars are ‘frustrating and disappointing’ 7
- NHL shoots down Tkachev’s contract with Edmonton 9
- NHL Board of Governors approves Islanders sale 6
- Johansen, Blue Jackets talks haven’t just resumed, they’re ‘very polite’ 15
- Speedy recovery: Giroux (lower body) to play vs. Rangers tonight 12
- Risk Factors: Boston Bruins edition 13
- Jordan Subban has ‘moved on’ after ‘unfortunate’ photo caption by Vancouver papers (52)
- Players pushed for coaching fines because they were ‘encouraged’ to dive (34)
- Sabres’ Nolan, Avalanche don’t believe in analytics (32)
- Ouch: Datsyuk (separated shoulder) out 4-5 weeks (27)
- Julien thinks diving crackdown is ‘step in the right direction’ (25)