News Article: Oilers are 7th most valuable team in NHL ($1.1 billion dollar valuation by Forbes)

TopShelfGloveSide

Registered User
Dec 10, 2018
18,256
24,960
Means absolutely nothing,as far as winning anything goes.
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Arpeggio

Registered User
Jul 20, 2006
9,026
3,542
Edmonton
Does downtown feel rejuvenated to anyone, outside of pre and post Oiler game? I don't know what the economics are of towers like Stantec, but is it possible Katz actually loses money on any of those ventures?
 

MoontoScott

Registered User
Jun 2, 2012
7,856
8,669
It is interesting that of the top 6 valuations, 5 of them are part of the original 6 in the NHL with the exception of Detroit.
 

Drivesaitl

Finding Hyman
Oct 8, 2017
46,201
56,854
Canuck hunting
Does downtown feel rejuvenated to anyone, outside of pre and post Oiler game? I don't know what the economics are of towers like Stantec, but is it possible Katz actually loses money on any of those ventures?

Absolutely not. Meanwhile the parking surcharges, that were supposed to recoup some of the COE investment in the arena are short heavily by now.

Rexall was a busy facility that had years where it was in use 200 nights per year driving front page polstar numbers.

Rogers place hasn't had even 100 event days yet in a year. Even before Covid they werent geting that unless your counting Wednesday Yoga sessions in Ford Hall ;)

meanwhile several years in and the promised entertainment district isn't even done. With everything downscaled anyway. Predictable.

Kats did OK because he already sold the Edmonton Tower for handsome profit. Plus getting rent from COE that moved into that tower. Sweetheart deals if you can get it.
 

Oilhawks

Oden's Ride Over Nordland
Nov 24, 2011
26,478
45,897
Having a bad pal.?

The Oilers were one win away from the conference finals 4 years ago. The Leafs haven’t made it out of the first round since 2004! That’s historically bad. And that’s just recent history! The Oilers were one win away from a Cup since the last time your historically inept team has made it out of the first round. Enjoy
 
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