News Article: Forbes Valuations 2020

[GCK]

NHL Team Values 2020: Hockey’s First Decline In Two Decades

Sens come in at 430M with an operating loss of 2.9M.

Click to read more...

 

[CornerStone61]

Yikes Florida.

 

[GCK]

Yikes Florida.

Yup and that loss is after revenue sharing

 

[Masked]

They really don't have accurate numbers for the NHL's financials so this is more of a guessing game than an accurate depiction.

 

[Gil Gunderson]

Those franchises below us are still way more stable lol.

 

[Micklebot]

They really don't have accurate numbers for the NHL's financials so this is more of a guessing game than an accurate depiction.

Sure, its an educated guess though, a lot of info can be found with enough digging and the right contacts.

Anyways, it's all good fun to discuss, even if there's a 10 or 20% margin of error.

 

[Cosmix]

$430M valuation for the Ottawa Senators. I'll have to keep saving for a few more years.

 

[Golden_Jet]

NHL Team Values 2020: Hockey’s First Decline In Two Decades

Sens come in at 430M with an operating loss of 2.9M.

Half the teams with operating loss
Sens the best of the negatives.

 

[trentmccleary]

I always just think of the market. Canada has certain tax disadvantages, so Canadian teams are the best comparables.
Ottawa, Calgary and Edmonton are all CMA's of approximately 1.3 million people.
Winnipeg is 2/3's our population, so I'm not entirely sure why the Senators are valued so close to Winnipeg when locations and ticket sales are so important.

 

[AchtzehnBaby]

HARRY HOW/GETTY IMAGES
26. Ottawa Senators

• Value: $430 million
• One-Year Change: –3%
• Owner and model citizen: Eugene Melnyk
• Operating Income: –$2.9 million

 

[AchtzehnBaby]

They really don't have accurate numbers for the NHL's financials so this is more of a guessing game than an accurate depiction.

It's probably a more educated guess and definitely more accurate than the ones made on HFSens.

I would doubt they are that far off.

 

[AchtzehnBaby]

I always just think of the market. Canada has certain tax disadvantages, so Canadian teams are the best comparables.
Ottawa, Calgary and Edmonton are all CMA's of approximately 1.3 million people.
Winnipeg is 2/3's our population, so I'm not entirely sure why the Senators are valued so close to Winnipeg when locations and ticket sales are so important.

Aren't Winnipeg still paying for big renos?

 

[Cosmix]

Aren't Winnipeg still paying for big renos?

Winnipeg has VERY deep pockets!

 

[Stylizer1]

I can't help to think that Melnyk knows he should have sold when he had a great opportunity too. Going forward he is never going to recoup any of the loses he had over the last 2 seasons and maybe the next 2.

 

[Canadian Time]

I can't help to think that Melnyk knows he should have sold when he had a great opportunity too. Going forward he is never going to recoup any of the loses he had over the last 2 seasons and maybe the next 2.

I don't think that's true actually. LeBreton is still there, there is still an opportunity to buy into that deal. As the economy recovers after covid some investors will still be around, some won't. I can envision a time when the city warms for a favourable deal for Melnyk to buy in. Could be much will depend on if a young, exciting team captures the support of the community. We'll see, but the timing could be perfect for a bit of investment in the team's players.

 

[DrEasy]

Half the teams with operating loss
Sens the best of the negatives.

We found this year's team slogan!

 

[ColinM]

Interesting how in absolute dollars there is about $100 million gap between 20th and the 28th place teams. The gap in absolute dollars between 1 and 2 was about $150 million. It leads me to think those in the top 5 will be in the top 5 forever.

Other stat that jumped out at me is the only franchise founder in 1970 or sooner that was in the bottom 3rd of valuations was Buffalo. I've often thought they flew under the radar in terms of small market. Perhaps because they are both Northern yet not Canadian.