Vancouver Canucks fall two percent in Forbes’ franchise valuation
Photo credit: Bob Frid-USA TODAY Sports
By Zach Laing
Dec 12, 2020, 15:00 UTC
The Vancouver Canucks franchise valuation has fallen, according to a report from Forbes.
Their annual valuation of every franchise has the team coming in as the 10th most valuable franchise worth $725-million. It is, however, a two percent dip in their valuation from last year.
The club owned by the Aquilini Investment Group had an operating income of $2.9-million.
Here’s the methodology listed by Forbes:
Our valuations are enterprise values (equity plus net debt) and include the economics of each team’s arena deal but not the value of the real estate itself. We adjust values for teams moving into new arenas, like the Islanders, based on how the arena is being financed, when it will open and the degree to which we can estimate revenues from the new arena.Revenue and operating income are adjusted for revenue sharing and are for the 2019-20 season. All figures are in U.S. dollars based on the average U.S.-Canada exchange rates during the 2019-20 season.The information used to compile our valuations primarily came from the teams, sports bankers, media consultants and public documents, like arena lease agreements and bond documents.
The valuation leaves the Canucks as the third richest NHL franchise falling to the Montreal Canadiens (third) and the Toronto Maple Leafs (second).
Across the NHL, there were only six teams whose value didn’t fall over the last year: the New York Rangers (first), the Maple Leafs, the Canadiens, Chicago (fourth), the Boston Bruins (fifth), and the New York Islanders (16th). In the same breath, none of those teams valuations increased over the last year, either.
On Twitter: @zjlaing
Breaking News
- ‘It’s going to be emotional’: JT Miller talks returning to Vancouver in clash between Canucks vs. Rangers
- Abbotsford Canucks sign right-shot defender Robby Drazner to professional try-out
- Scenes from morning skate: Hughes out, Willander debuts as Canucks host JT Miller and the Rangers
- Canucks News: Tom Willander expected to make NHL debut vs Rangers, Mancini placed on IR, Forbort on LTIR
- Blackfish: A couple of firsts in Abby, Cootes finds his scoring touch, and more
Latest from
- Stars sign Thomas Harley to eight-year contract extension
- Hurricanes’ Shayne Gostisbehere leaves first game back from injury
- The Senators are smart to manage Linus Ullmark’s minutes amidst a condensed schedule
- Devils place Cody Glass on injured reserve; activate Juho Lammikko
- Devils’ Brett Pesce expected to miss a month with upper-body injury