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Old 06-15-2023, 11:25 AM   #1
sureLoss
Some kinda newsbreaker!
 
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Icon60 Lightning sell minority stake with team valuation of $1.4 Billion

The current owner reportedly bought the team for $170 million in 2010. NHL going to be pushing for a billion dollars in expansion fees next round.

https://www.sportico.com/business/te...nt-1234726328/
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Old 06-15-2023, 11:30 AM   #2
Two Fivenagame
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Pay for your own damn arena!!
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Old 06-15-2023, 11:52 AM   #3
Monahammer
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It would be interesting to know exactly how much wealth the owners of the flames have gained from their ownership of the franchise.
The current majority owner bought-in in 1994. In 2006, the franchise value was pegged at 135 million. In 1980, the franchise was bought for 16 million. So somewhere between those numbers...

The franchise is currently valued at ~900 million. Maybe more with recent news (this included).
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