Forbes released their annual NHL franchise valuations and things actually look pretty good for the league. Or at least for some of the franchises. The average operating profit was $6.1 million, aggregate income increased, as did average franchise value.
Unfortunately, this wasn’t an across the board thing for the all of the franchises. While successful teams like Pittsburgh, Washington, and Chicago are doing great (as one might expect), other franchises like Nashville, Atlanta, the Islanders, and, of course, the Coyotes, are struggling. Here is the Forbes valuation chart.
One thing the article doesn’t mention that I’m curious about: the Stars and Avs, two seemingly successful franchises, lost $10 million and $11 million in value, respectively. I’m not sure if that’s a business loss of some kind that has nothing to do with the actual franchises, or if something else is going on.
Looking at the list of struggling franchises (and I’m assuming Dallas and Colorado aren’t actually struggling, that they just lost some value this year), you can’t help but wonder when the NHL is going to contract. You have wildly successful teams rubbing elbows with teams that can’t fill their arenas and can’t attract a buyer. Why not cut the fat and streamline league profits?
Speaking of value, the Blackhawks are about to see some return on their investment in Marian Hossa: he’s expected to begin contact drills this week, putting him one step closer to making his season debut. Like everyone else, I’m very curious how/if he’ll fit in with the rest of the team.