Quote:
Originally Posted by CaptainYooh
Updated 2021-2022 NHL Team Valuations have been published yesterday by Forbes Magazine. Rangers are the first team to reach a $2B valuation. Oilers have doubled in valuation since the last season to $1.1B (without any good reason it seems, other than a new arena at half-price). Flames are 18th at $680M.
So, despite all of the gloomy prediction, professional hockey is still a very good business.
https://www.forbes.com/sites/mikeoza...h=3dc676df360c |
That’s a pretty big factor IMO. And despite Calgary’s wealth referenced above versus Edmonton, I doubt the revenue is much different. I’m sure the sellouts are about the same and they get their share of TV revenue.