Forbes announced their annual list of team valuations for the NHL. The Toronto Maple Leafs continue their reign atop the list, but what would it mean if another team came to Canada, and maybe even Toronto?
I spoke with Kurt Badenhausen, Senior Editor of Forbes, about the most recent valuations.
What factors are taken into consideration when valuing a team?
We look at past transactions. We are really digging into the finances of the teams. Really it comes down to revenues, and those are the hardest things to increase. We use tickets, television contracts, parking, sponsorship and concessions.
What lead to an increase in team values in the past year?
The new TV contract certainly helps. NBC is going to pay considerably more than in previous years.
Overall values are up, but that is largely because values of the top teams are continuing to make money. The top Canadian teams, and the Bruins, Red Wings and Rangers.
Teams at the bottom are really struggling. They are losing money, the v...