2021-2022 NHL Team Valuations

[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

[Bingo]

I just couldn't understand why the Oilers "market" is worth double the Calgary market.

Building I get.
Branding I get.

But why is the Edmonton market worth 460M to Calgary's 273M?

[CaptainYooh]

It's a McDavid factor, I'm sure. I mean, what else, right?

[1qqaaz]

I don't think anyone outside of Alberta realizes how much larger and wealthier Calgary is than Edmonton.

[Swayze11]

Forbes website is one of the worst on the internet

[Fan69]

Originally Posted by CaptainYooh

It's a McDavid factor, I'm sure. I mean, what else, right?

The mcrealestate factor has now been calculated

[Jay Random]

Originally Posted by CaptainYooh

So, despite all of the gloomy prediction, professional hockey is still a very good business.

It's a very good asset bubble, I'll give you that. When a business is losing money hand over fist, as the NHL did thanks to COVID (and many of their teams were doing all along), its stock doesn't generally go through the roof. But since NHL clubs are not publicly traded, Forbes can basically make up whatever valuations they want to put on all the franchises that don't change hands.

It looks as if they saw Fenway buying the Penguins for $900 million, and simply assumed that every other franchise value has ballooned in proportion. But since no other franchise was on the market, that remains no more than an assumption, and I will say it's a pretty loopy one.

Originally Posted by Bingo

But why is the Edmonton market worth 460M to Calgary's 273M?

Because that's the number they needed to get the total they expected. And they expected that total because they had to justify the aforementioned assumption.

[GioforPM]

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.

[redmile04]

Originally Posted by Bingo

I just couldn't understand why the Oilers "market" is worth double the Calgary market.

Building I get.
Branding I get.

But why is the Edmonton market worth 460M to Calgary's 273M?

I think you answered your question yourself there, Building + Branding. Mcdavid also ?