Forbes Magazine Ranks Bruins As 5th Most Valuable NHL Franchise

[BostonBob]

They've ranked Boston behind the NY Rangers, Montreal, Toronto and Chicago.


from thescore.com:

The New York Rangers have played a lot of playoff hockey over the past four years, and while they don't have a Stanley Cup to show for it, they can hang their hat on this: The club is the NHL's most valuable franchise, according to Forbes Magazine.

The Rangers are valued at $1.2 billion, topping the list of the most valuable NHL teams for the first time since 2004. The magazine cites trips to the Stanley Cup Final and Eastern Conference finals over the past two years, as well as recent Madison Square Garden renovations worth $1 billion, as major sources of revenue for the club.

The Rangers brought in $229 million in revenue in 2014-15 - the most in the NHL.

The Montreal Canadiens moved up from third to second with a valuation of $1.18 billion - an 18 percent increase over last year, thanks in part to a new television deal.

The Toronto Maple Leafs dropped from first to third at $1.15 billion, down 12 percent. Three playoff wins in 10 years have hurt the franchise.

The average value of an NHL team has gone up three percent to $505 million.


Full story here: http://www.thescore.com/nhl/news/891699

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[Donnie Shulzhoffer]

5 teams out of the original 6 doesn't surprise me.

 

[Fenway]

http://www.forbes.com/teams/boston-bruins/

The Bruins coin money. They play in one of the league's biggest markets and have Boston all to themselves, enabling the team to charge the second highest average non-premium ticket price ($89) as well as the second-most expensive average premium ticket ($300). In addition, the Bruins own TD Garden, which is undergoing a $70 million renovation that will substantially increase revenue. The team also owns 20% of NESN, the highly profitable regional sports network that televises Bruins' games.

Forbes estimates the team made $26 million last season with no playoff revenue.

http://www.forbes.com/nhl-valuations/list/#tab:overall

 

[Therick67]

JJ 's made a killing. I'm glad we got that salary cap so we can compete.

 

[Donnie Shulzhoffer]

JJ 's made a killing. I'm glad we got that salary cap so we can compete.

JJ's revenue from the Bruins is chicken feed compared to what he makes from Delaware North.

 

[Therick67]

JJ's revenue from the Bruins is chicken feed compared to what he makes from Delaware North.

Absolutely. Still, he made some good coin off the Bruins. Good for him.

 

[Fenway]

JJ's revenue from the Bruins is chicken feed compared to what he makes from Delaware North.

Jacobs paid $2 million in cash and gave TV38 10 years of rights worth $8 million back in 1975. A very nice return on his investment.

 

[UNB Bruins Fan]

I wish I had bought a sports team in the 70's or 80's and held on to it until the present.