Eklund: What's Your Team Worth? Meetings with "The Mediator" Underway in DC ...

nothing without a league

It's funny because Pegula is richer than Oprah.

The kings are alot better then I thought.... I think

Fold every team in bold.....

over 40% of teams in the red

and people wonder why the owners have drawn the line

Eklund: What's Your Team Worth? Meetings with "The Mediator" Underway in DC ...
- Eklund

How can the Blues be worth less then the Coyotes

Fold every team in bold.....
- Symba007

Not the Wild! I just want to see one season with Koivu, Parise, Coyle, Zucker, Granlund, Brodin and Suter together... but if they suck... well then good riddance... I'll become a Winnepeg fan...

Why are the blues the best deal, Checketts Fed this franchise before he sold it. Signed awful deals to get cash upfront.

Why do you think Stillman had to let JD go? Has to dump $$ wherever he can at this point.

Forbes valuations are tremendously flawed. Cult of Hockey tore 'em apart a few days ago -- specifically targeting the Florida Panthers, a "loser" team with a widely-available auditor report from Broward County.

http://blogs.edmontonjour...ng-teams-that-lose-money/

A lot of hidden financials. This shouldn't really surprise anyone, though.

..The bottom line is that the Panthers’ current ownership did not get into hockey to lose money, and according to the county auditor they haven’t lost money. Florida, commonly presented as one of the league’s have-not teams, and an example of the dangers of over-expansion, is nothing of the sort: it’s a healthy business, carefully presented to appear like a money-losing operation.

Unfortunately, it is impossible to know what the situation is in other NHL cities. NHL teams are private companies, and have no obligation to divulge their financial data. But the fact that the Panthers are seen as one of the poorest clubs in the league suggests that the vast majority of NHL teams are doing just fine.

Not the Wild! I just want to see one season with Koivu, Parise, Coyle, Zucker, Granlund, Brodin and Suter together... but if they suck... well then good riddance... I'll become a Winnepeg fan...
- MnGump

Just kidding, I'd drop the league to 28 teams though and move a couple teams to hockey markets(Qc City/TO).

Why are the blues the best deal, Checketts Fed this franchise before he sold it. Signed awful deals to get cash upfront.

Why do you think Stillman had to let JD go? Has to dump $$ wherever he can at this point.
- Gerk

yes, very familiar with why they went for so little, but once those former issues are fixed this is a market where hockey works. as you know. and with one on the best young teams in the NHL. (plus JD was actually more expensive to release...but thats another story)

So teams like Dallas aren't losing money but the caps, blues, and wild are? Kinda throws a wrench in the whole "traditional hockey market" argument.

How can the Blues be worth less then the Coyotes
- Alexzanki

The Blues price is based on what Stillman actually paid for the team. Additionally, in theory the Coyotes have more avenues to grow than the Blues along with a less punitive lease.

Forbes valuations are tremendously flawed. Cult of Hockey tore 'em apart a few days ago -- specifically targeting the Florida Panthers, a "loser" team with a widely-available auditor report from Broward County.

http://blogs.edmontonjour...ng-teams-that-lose-money/

A lot of hidden financials. This shouldn't really surprise anyone, though.

..The bottom line is that the Panthers’ current ownership did not get into hockey to lose money, and according to the county auditor they haven’t lost money. Florida, commonly presented as one of the league’s have-not teams, and an example of the dangers of over-expansion, is nothing of the sort: it’s a healthy business, carefully presented to appear like a money-losing operation.

Unfortunately, it is impossible to know what the situation is in other NHL cities. NHL teams are private companies, and have no obligation to divulge their financial data. But the fact that the Panthers are seen as one of the poorest clubs in the league suggests that the vast majority of NHL teams are doing just fine.

- Travis Yost

Not to mention a team like the Islanders is going to quickly go from the red to the black once they move from Uniondale to Brooklyn you would think.

I do not believe the Leafs are worth more than the Habs. I do not believe that the Leafs bring in more revenue than the Habs. I believe that the Habs simply are more skillful in defining revenues.

Remember a few years back when a bunch of businesses were charged with bartering Habs season tickets. They draw 2500 a game more than the Leafs. Their Saturday night hockey viewership is nearly double the Leafs' viewership.

So, if Montreal is off, perhaps some of the other guys are as well. Remember the Leafs are owned by public corporation and they have a fiduciary responsibility to report. Privately owned teams like Montreal, Ottawa and Edmonton work to repress the amounts of revenue actually reported.

Anyone who lives in Ottawa is astounded by the millions of dollars given away through the Senators charity activities. This is a very purposeful program that moves money off the books of the Senators and pushes it back into the community.

yes, very familiar with why they went for so little, but once those former issues sre fixed this is a market where hockey works. as you know. and with one on the best young teams in the NHL. (plus JD was actually more expensive to release...but thats another story)
- Eklund

The "cheap ticket prices" thing is going to be difficult to fix, though. St. Louis is economically depressed, has a declining business base with fewer and fewer companies HQ'd there (latest example: Ralcorp being purchased by Conagra, which will almost certainly shift most management positions to Omaha), and has little in the way of attractive prospects other than "50 years ago, we used to be great." The Blues also have to pay 12.8% of every ticket sold in taxes to the city and state, are responsible for maintenance and improvement costs of Scottrade, lost the concessions revenue stream courtesy of Checketts (sold for a lump sum) and get no parking revenue from the attached garage (all of that goes to the city) or surrounding lots or garages.

If this were 20 years ago, you'd say "they need a new arena with new revenue streams to help make them competitve." Unfortunately, that's how Kiel / Savvis / Scottrade came to be; they're not getting another new arena anytime soon.

Not to mention a team like the Islanders is going to quickly go from the red to the black once they move from Uniondale to Brooklyn you would think.
- latorrem1

Depends on what the Islanders will actually gain by making that move, other than "they're not playing in Nassau Coliseum any more."

over 40% of teams in the red

and people wonder why the owners have drawn the line
- Dozzer

They put themselves there.
Its their own fault.

So teams like Dallas aren't losing money but the caps, blues, and wild are? Kinda throws a wrench in the whole "traditional hockey market" argument.
- Deadmau55

None of the four teams mentionned are really "traditional hockey market". Caps came back to life with Ovie but prior to that they didn't really have a strong fan base.

I do not believe the Leafs are worth more than the Habs.
- spatso

Orly?

The top three (Leafs/NYR/Habs) blow all the other teams in the NHL away when in terms of revenue each season. The large majority of the revenue comes from those three teams -- 83 percent to be exact, according to the Forbes report.

http://www.cbssports.com/...ues-lowest-fanchise-value

Fold every team in bold.....
- Symba007

You sir are an idiot, the blues have new ownership and will be in the black if they were playing. But your idiotic solution is Fold everyone losing money.

You cannot make that kind of statement without taking intangibles into account.

I do not believe the Leafs are worth more than the Habs. I do not believe that the Leafs bring in more revenue than the Habs. I believe that the Habs simply are more skillful in defining revenues.

Remember a few years back when a bunch of businesses were charged with bartering Habs season tickets. They draw 2500 a game more than the Leafs. Their Saturday night hockey viewership is nearly double the Leafs' viewership.

So, if Montreal is off, perhaps some of the other guys are as well. Remember the Leafs are owned by public corporation and they have a fiduciary responsibility to report. Privately owned teams like Montreal, Ottawa and Edmonton work to repress the amounts of revenue actually reported.

Anyone who lives in Ottawa is astounded by the millions of dollars given away through the Senators charity activities. This is a very purposeful program that moves money off the books of the Senators and pushes it back into the community.
- spatso

Dont believe what you want, you are only fooling yourself...this is not news...its been like this for years.

yes, very familiar with why they went for so little, but once those former issues sre fixed this is a market where hockey works. as you know. and with one on the best young teams in the NHL. (plus JD was actually more expensive to release...but thats another story)
- Eklund

Its so hard to judge these things. That 130 value also included the opera house connected to the arena. So its not just a hockey team and arena.

Also to note.

Blues dont own the land they play on, have to lease it from the city.
Only team in STL that has to pay an "amusement" tax on its tickets
Checketts sold off all concession rights for up front money, like a 15 year deal
Similar story for the TV Deal
Dont own their own parking garage, also owned by the city

What it boils down to. Is that the Blues, more than most teams, are very dependent upon ticket sales and other events held at the areana/ opera house.