Quote:
Originally Posted by Cleveland Steam Whistle
People who's sole focus would be greed, don't invest their money in small market Canadian NHL clubs......because they are crappy investments. The Calgary Flames are a drain on our ownership groups wealth growth potential, they are in it for other reasons.
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Is this true?
Forbes (which yes - not exactly scientific) has the Flames value growing 66% in the last 5 years.
When they get a new arena - they'll likely be within kicking distance of a $1 billion valuation.