It is no surprise to hockey fans that Canadian teams dominate the upper NHL echelon in
value, according to
Forbes annual estimation and ranking:
- Toronto ($1.3 billion)
- New York ($1.1 billion)
- Montreal ($1 billion)
- Chicago ($825 million)
- Vancouver ($800 million)
I
love hockey, and it is the first sport I played when my family
and I and our immediate relatives arrived in Chicago in 1968. Among the
four major sports in the US, hockey is last banana, but its
popularity may be on the rise, along with its value. The Los Angeles
Clippers basketball team recently sold for an ungodly $2 billion, and I
suspect that the amount former Microsoft CEO Steve Ballmer dished out
will have upward ripples across not only the NBA but also other sports
leagues like the NHL. The Forbes article
The Most Valuable Teams in the NHL
points out that there are wealthy businessmen willing to buy losing
teams and to pay enormous sums. This, too, drives up value.
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