News Article: Forbes 2021 NHL Valuations (#1 NYR)

Mugless

Registered User
Aug 26, 2004
665
1,499
Practice pucks and training camp scrimmages do not figure into the $2 billion valuation, which is why Dolan doesn't give a f*ck.
 

MrAlmost

Beer league hero.
Jun 3, 2010
2,306
2,627
Why we dont employ the largest scouting department, most skills coaches, most customer interaction, aggressive medical research and advance statistical analysis team is always a mystery. They could, if anyone ever gave a f***, dominate in this league. It's hard being a fan of this franchise sometimes.
 

Lion Hound

@JoeTucc26
Mar 12, 2007
8,239
3,612
Montauk NY
Have to wonder how much the values will go down due to lack of tourism to NYC?

From the office of New York STATE COMPTROLLER;
New York City is a top global destination for visitors drawn to its museums, entertainment, restaurants and commerce. The City is also host to conventions and trade shows, and major athletic events such as the New York City Marathon and the U.S. Open.
The tourism industry is a vital component of New York City’s economy, supporting more than 376,800 jobs (representing nearly 10 percent of all private sector employment). The industry functions as a dynamic ecosystem of attractions — shows, events, shopping and food — glued together by hospitality and transport, which serve as the core infrastructure.
Visitors and visitor spending are the essential factors in measuring the health of the industry. After reaching a record high of 66.6 million visitors in 2019 and generating $47.4 billion in spending, the number of visitors to New York City dropped by 67 percent and their spending declined by 73 percent in 2020. The Office of the State Comptroller (OSC) estimates the drop in spending cost the City $1.2 billion in lost tax revenues.
The industry experienced strong growth in employment and wages in the decade preceding 2020. OSC estimates the industry lost nearly a third of its employment in 2020. Visitors and their spending are not projected to reach pre-pandemic levels before 2025. Employment is unlikely to rebound fully before visitor spending.
 

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