LadyStanley
Registered User
From NHLN, NHL.com historian Dave Stubbs relates that on October 11, 1924, the Boston Bruins and Montreal Maroons were awarded franchises for $15k.
Increase of more than 40 times the value to today's $650m expansion fee.
A dollar in 1924 is worth $14.25 today. That means that $15k would be $213,750 today.
A few orders of magnitude off in valuation.
Increase of more than 40 times the value to today's $650m expansion fee.
A dollar in 1924 is worth $14.25 today. That means that $15k would be $213,750 today.
A few orders of magnitude off in valuation.