Quote:
Originally Posted by Reggie Dunlop
I don't know if it's still true, but from what I understand the Calgary Hitmen are the most valuable Major Junior franchise in the country.
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Ontario Hockey League Team Values
RK OHL Team Value
1 Ottawa 67s $55.53 M
2 Mississauga Steelheads $44.85 M
3 Hamilton Bulldogs $32.69 M
4 London Knights $23.02 M
5 Kitchener Rangers $13.78 M
6 Windsor Spitfires $13.26 M
7 Sudbury Wolves $10.08 M
8 Oshawa Generals $9.41 M
9 Barrie Colts $8.53 M
10 Niagara IceDogs $8.26 M
11 Guelph Storm $7.69 M
12 Kingston Frontenacs $7.76 M
13 Erie Otters $6.25 M
14 Flint Firebirds $6.22 M
15 Peterborough Petes $4.95 M
16 Sault Ste. Marie Greyhounds $4.72 M
17 Sarnia Sting $4.55 M
18 North Bay Battalion $3.37 M
19 Saginaw Spirit $3.13 M
20 Owen Sound Attack $1.36 M
Western Hockey League Team Values
RK WHL Team Value
1 Calgary Hitmen $68.95 M
2 Edmonton Oil Kings $51.06 M
3 Vancouver Giants $37.94 M
4 Portland Winterhawks $36.70 M
5 Saskatoon Blades $13.97 M
6 Spokane Chiefs $13.13 M
7 Regina Pats $12.14 M
8 Kelowna Rockets $7.37 M
9 Everett Silvertips $6.48 M
10 Seattle Thunderbirds $5.81 M
11 Red Deer Rebels $5.69 M
12 Kamloops Blazers $5.39 M
13 Lethbridge Hurricanes $5.25 M
14 Victoria Royals $5.03 M
15 Tri-City Americans $4.65 M
16 Prince George Cougars $4.52 M
17 Medicine Hat Tigers $3.77 M
18 Brandon Wheat Kings $2.90 M
19 Prince Albert Raiders $2.21 M
20 Moose Jaw Warriors $4.09 M
21 Kootenay Ice $1.21 M
22 Swift Current Broncos $970 K
https://www.tsn.ca/chl-franchises-wo...study-1.522306
According to this article from 2015 they were. It probably fluctuates from year to year based on success on the ice, but teams like the Hitmen and Oil Kings have a massive advantage being owned by NHL teams and being operated out of those rinks.
Operating expenses would be pretty minimal because they can piggyback off the big club for everything. They might get extra revenue from all the luxury boxes if the main club gives them a % of that for accounting purposes.
I'm sure these guys are cooking the books as much as they can get away with to show as little net profit as possible every year just like farmers. Why pay tax when you can avoid it?