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 25, 2014, 8:00 AM EDT
Friday’s collection of links.
Jul 24, 2014, 11:08 PM EDT
In other words, they want him to be a shutdown center
Jul 24, 2014, 10:14 PM EDT
Eriksson’s looking to bounce back after suffering two concussions last season.
Jul 24, 2014, 9:06 PM EDT
He’ll get a fresh start after struggling with Vancouver.
Jul 24, 2014, 8:00 PM EDT
He’s coming back after testing the free agent waters.
Jul 24, 2014, 6:57 PM EDT
It’s that time of the year.
Jul 24, 2014, 5:53 PM EDT
He started in nine games for the Flames last season.
Jul 24, 2014, 4:42 PM EDT
The Canucks selected him with one of the picks they got from the Ryan Kesler trade.
Jul 24, 2014, 3:31 PM EDT
The two sides managed to avoid arbitration despite a $1.45 million gap on a one-year deal.
Jul 24, 2014, 3:15 PM EDT
Alternately known as “the guy Boston got for Vladimir Sobotka.”
Jul 24, 2014, 2:19 PM EDT
Journeyman split last season between the Rangers and Penguins.
Jul 24, 2014, 1:20 PM EDT
Offensive d-man led all Colorado blueliners in goals last year, with 13.
Jul 24, 2014, 12:22 PM EDT
He’s likely to be the No. 3 goalie in New York this year.
Jul 24, 2014, 11:26 AM EDT
Former Colorado bench boss and Massachusetts native returns home.
Jul 24, 2014, 10:28 AM EDT
With the Wild and ‘Canes, respectively.
Jul 24, 2014, 9:00 AM EDT
“Maybe it just wasn’t our time yet,” Patrick Roy said.
Jul 24, 2014, 8:00 AM EDT
Thursday’s assortment of links.
Jul 23, 2014, 11:00 PM EDT
Makes sense for a franchise that frequently favors puck possession.
Jul 23, 2014, 10:00 PM EDT
Can the STAR system help reduce concussions?
Jul 23, 2014, 9:00 PM EDT
They’ll feature a “skating-only” ice crew next season.
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- Cory Sarich hospitalized following cycling accident, expects ‘full recovery’ 6
- Stamkos shrugs off talk of LeBron-like homecoming to Toronto in 2016 27
- Avs and O’Reilly agree on two-year deal, but questions remain 42
- Rangers and Kreider avoid arbitration, agree on two-year deal 38
- Zuccarello takes Rangers’ one year, $3.5M deal 42
- Advancement? Leafs sign Booth for one year, $1.1M 25
- Leafs hire 28-year-old stats advocate as assistant GM 30
- NBC Sports to air over 100 NHL regular-season games in 2014-15 69
- Stars, Roussel agree on four-year, $8 million deal 3
- Babcock fires back over allegations that free agents avoid him (77)
- NBC Sports to air over 100 NHL regular-season games in 2014-15 (69)
- Vanek connected to federal gambling investigation (61)
- Lucic regrets handshake-line actions, but isn’t apologizing (58)
- Report: O’Reilly wants $6.7M deal, Avs counter at $5.5M (58)