The Coyotes just sold for $1 billion and were valued at $500 million. NHL is going to see a huge jump here as a result of that and the Ottawa sale.
Franchise values are just skyrocketing right now. Even at $2 billion it's a good investment and in five years, they'll probably be worth $3 billion, maybe more. Just three years ago, Forbes valued the Lightning at $650 million so they've tripled in value in three years. That's a heck of a return.
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