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.
Jul 3, 2015, 8:07 AM EDT
Friday’s collection of links.
Jul 2, 2015, 11:00 PM EDT
He was fired by Toronto back in April.
Jul 2, 2015, 9:45 PM EDT
Doug Armstrong dipped into the free agency pool Thursday evening for some depth signings.
Jul 2, 2015, 8:45 PM EDT
They’re two-way contracts worth $650,000.
Jul 2, 2015, 7:50 PM EDT
He’s looking forward to playing with Ovechkin and Backstrom in Washington.
Jul 2, 2015, 6:50 PM EDT
They’ve also inked UFA Jordan Caron.
Jul 2, 2015, 6:00 PM EDT
It’s a one-year, two-way deal.
Jul 2, 2015, 5:15 PM EDT
Washington continues to load up.
Jul 2, 2015, 5:00 PM EDT
There’s no “timetables for next steps,” according to NHL deputy commissioner Bill Daly.
Jul 2, 2015, 4:45 PM EDT
The 27-year-old is looking forward to a fresh start in Pittsburgh.
Jul 2, 2015, 3:34 PM EDT
Acquired from Toronto at last year’s trade deadline.
Jul 2, 2015, 2:57 PM EDT
Leagues will continue to respect each other’s contracts. But that’s it.
Jul 2, 2015, 2:52 PM EDT
Pleads no contest to misdemeanor count of corporal injury to a spouse.
Jul 2, 2015, 2:11 PM EDT
Boughner coached against DeBoer in the OHL, Hedberg played for him in New Jersey.
Jul 2, 2015, 2:02 PM EDT
The Mike Gillis era is just a memory now.
Jul 2, 2015, 1:46 PM EDT
Former Hart Trophy winner announced his retirement on Thursday.
Jul 2, 2015, 1:35 PM EDT
Pittsburgh? Florida? New Jersey? KHL?
Jul 2, 2015, 1:29 PM EDT
“At some point Justin became more affordable to us, and we started to lean his way.”
Jul 2, 2015, 12:36 PM EDT
“At the end of the day, nobody wants to get traded two times. But it’s a learning curve.”
Jul 2, 2015, 12:18 PM EDT
But reports suggest Edmonton, Columbus and Philly are interested.
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick 71
- Voynov takes plea, gets 90 days in jail plus probation 54
- Curtains on Broadway: Martin St. Louis calls it a career 34
- Discuss: Where’s the best fit for Alex Semin? 23
- Caps landing ‘affordable’ Williams a sign of the new free agency 3
- Shots fired! ‘Canes owner Karmanos rips into Jim Rutherford (Updated) 56
- Here’s who’s left after Day 1 of free agency 30
- PHT’s 2015 free agent frenzy tracker 38
- Getting clutch? Capitals sign Justin Williams for two years, $6.5M 21
- Coyotes bring back Vermette with two-year deal 33
- Blockbuster: Kessel traded to the Penguins (131)
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad; Anisimov and Dano headed to Chicago (93)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Trade: Flames land Dougie Hamilton for package of picks (75)