Habs now worth 1.3 Billion

Discussion in 'Montreal Canadiens' started by FrankMTL, Dec 7, 2018.

  1. JeffreyLFC

    JeffreyLFC Registered User

    Joined:
    Sep 29, 2017
    Messages:
    1,220
    Likes Received:
    900
    Trophy Points:
    84
    Gender:
    Male
    And the condos he sold?
     
    DAChampion likes this.
  2. Heffyhoof

    Heffyhoof Registered User

    Joined:
    Jan 17, 2016
    Messages:
    15
    Likes Received:
    4
    Trophy Points:
    16
    I felt like being generous so I gave likes to a bunch of the people in here who are trying really hard to be witty.
     
  3. FrankMTL

    FrankMTL Registered User

    Joined:
    Jan 6, 2005
    Messages:
    6,809
    Likes Received:
    455
    Trophy Points:
    124
    Molson calls twenties "fun coupons" (Yes, that's from Wolf of Wall Street)
     
    TooLegitToQuit likes this.
  4. JianYang

    JianYang Registered User

    Joined:
    Sep 29, 2017
    Messages:
    2,414
    Likes Received:
    1,218
    Trophy Points:
    84
    Typically, it's been leafs 1, rangers 2, and Habs 3.

    I wonder what gave the valuation spike to the rangers this year.
     
  5. FrankMTL

    FrankMTL Registered User

    Joined:
    Jan 6, 2005
    Messages:
    6,809
    Likes Received:
    455
    Trophy Points:
    124
    llamateizer likes this.
  6. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

    Joined:
    Jul 11, 2016
    Messages:
    21,494
    Likes Received:
    3,024
    Trophy Points:
    152
    Occupation:
    Civil Engineering
    Location:
    East Coast
    Correct. $500M for 80.1% (who knows who partnered up with the 3 Molson brothers in this share) and they also got 100% of the Bell center but the annual sponsorship money disappeared. So I do believe Bell has a part of that 80.1 share.

    Bell reserves right for regional converge and I think this has something to do with a part of ownership. Out here in Halifax, I get to watch games on both Sportsnet and TSN. I also have to purchase RDS as insurance just in case TSN or Sportsnet don't have the game. I hasn't happened in a while and I also don't mind watching RDS cause they are less anti Montreal. Sometimes I switch from English to RDS cause the english announcers drive me nuts lol.

    The other thing to note is the Molson group reserved right to have 1st dibs on re-purchasing the Habs if Gillette decided to sell it. The Molson group came in late and everybody that was interested in buying disappeared
     
  7. FrankMTL

    FrankMTL Registered User

    Joined:
    Jan 6, 2005
    Messages:
    6,809
    Likes Received:
    455
    Trophy Points:
    124
    Maybe a new television deal or the cost of real estate (MSG) in New York.
     
  8. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

    Joined:
    Jul 11, 2016
    Messages:
    21,494
    Likes Received:
    3,024
    Trophy Points:
    152
    Occupation:
    Civil Engineering
    Location:
    East Coast
    I think the Rangers were 1 last year too though? From what I recall, it was the Leafs and then Habs but the Rangers took over in recent years. Not sure of the timing though
     
  9. 26Mats

    26Mats Registered User

    Joined:
    Jun 23, 2018
    Messages:
    2,217
    Likes Received:
    1,128
    Trophy Points:
    81
    Well according "the rule of seven" if you earn 10% annually on your investment, with compounding it doubles after 7 years. If you earn 7% annually, it doubles after 10 years.
     
  10. JianYang

    JianYang Registered User

    Joined:
    Sep 29, 2017
    Messages:
    2,414
    Likes Received:
    1,218
    Trophy Points:
    84
    Perhaps it's the effect of major renovations in MSG then, providing more cash flow to the club.
     
    TooLegitToQuit likes this.
  11. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

    Joined:
    Jul 11, 2016
    Messages:
    21,494
    Likes Received:
    3,024
    Trophy Points:
    152
    Occupation:
    Civil Engineering
    Location:
    East Coast
    Good Point

    [​IMG]
     
  12. ahmedou

    ahmedou أحمدو

    Joined:
    Oct 7, 2017
    Messages:
    2,018
    Likes Received:
    1,056
    Trophy Points:
    84
    Gender:
    Male
    The value of winning Stanley Cups is incomparable
     
  13. LyricalLyricist

    LyricalLyricist Retired

    Joined:
    Aug 21, 2007
    Messages:
    32,899
    Likes Received:
    1,438
    Trophy Points:
    169
    Location:
    Montreal
    No, Rangers were first last year too and maybe for longer.
     
  14. Kaperi Spacey

    Kaperi Spacey Thank you MB for this great team.

    Joined:
    Apr 7, 2014
    Messages:
    7,607
    Likes Received:
    2,292
    Trophy Points:
    112
    Location:
    In your head
    Now, imagine if the team was good.
     
  15. Hugo Sham

    Hugo Sham My attitude stinks, my hockey bag is even worse

    Joined:
    Apr 7, 2010
    Messages:
    14,001
    Likes Received:
    533
    Trophy Points:
    139
    Gender:
    Male
    Location:
    Montreal
    and can you imagine if habs get to a stanley cup?
    value would go up 20%
     
    Kaperi Spacey likes this.
  16. DAChampion

    DAChampion Registered User

    Joined:
    May 28, 2011
    Messages:
    20,350
    Likes Received:
    6,190
    Trophy Points:
    156
    That's not how it works for rich people.

    Molson can now get loans more easily for his other projects, at lower rates of interest.
     
  17. Pickles

    Pickles Registered User

    Joined:
    Apr 25, 2017
    Messages:
    1,011
    Likes Received:
    1,467
    Trophy Points:
    94
    Location:
    In the jar'o
    Damn it you beat me to it. :laugh:
     
    Censored Toad likes this.
  18. dinodebino

    dinodebino Registered User

    Joined:
    Sep 27, 2017
    Messages:
    1,964
    Likes Received:
    1,549
    Trophy Points:
    84
    Gender:
    Male
    He doesn't sell condos.
     
  19. JeffreyLFC

    JeffreyLFC Registered User

    Joined:
    Sep 29, 2017
    Messages:
    1,220
    Likes Received:
    900
    Trophy Points:
    84
    Gender:
    Male
    Well les tours de canadiens.. He definately got money for them.
     
  20. dinodebino

    dinodebino Registered User

    Joined:
    Sep 27, 2017
    Messages:
    1,964
    Likes Received:
    1,549
    Trophy Points:
    84
    Gender:
    Male
    The arena money disappeared because Gillette cashed it in practically from the start. George was a good owner, don't get me wrong. But he was in it to make money. He made good money with the sale.
     
  21. dinodebino

    dinodebino Registered User

    Joined:
    Sep 27, 2017
    Messages:
    1,964
    Likes Received:
    1,549
    Trophy Points:
    84
    Gender:
    Male
    Just the rights to the name. Essentially what Trump does.
     

Share This Page

monitoring_string = "358c248ada348a047a4b9bb27a146148"