periferal
Registered User
- Jul 5, 2007
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Perif, this is one you can easily research. Here's the Forbes valuations from Dec 2022:
Note that last year's Cup finalist is 31st and that Carolina is in the bottom 5. There is no way that winning is correlated to value in the NHL. It's major market (likely due to the local TV revenue) and Canadian teams do have an extra layer of broadcast revenues. We're more valuable than Tampa Bay and Vegas too.
Forbes list of the most valuable NHL clubs - Wikipedia
en.wikipedia.org
No one said that winning is the determining value of a franchise, but there's zero question winning/losing affects overall value. Don't believe me...? Well this is one you could easily research.
- The value of the Blues in 2018 was 465 million. They won the Cup in 2019 and 2 years later they were worth 640 million.
- The value of the Lightning in 2019 was 470 million. 4 years and 2 Cups later they're worth 1.3 billion.
- The value of the Avalanche in 2021 was 630 million. They won the Cup in 2022 and now they're worth 1.2 billion.
Again no question that some teams are in markets/have alternate streams of revenue that will keep them very valuable profitable no matter how many people buy tickets. Also no question that the #1 thing driving all franchise values the last few years has been the expansion fees of Vegas/Seattle, but I'm just saying that winning/losing affects the annual income of a team and that affects overall value one way or another.