CNBC - Habs valued at 3 Billion

[Team_Spirit]

What's everyone problem today? ~7 bad takes in 1 page I won't even bother.

Haters gon hate

 

[GordonGraham]

If Molson sold the team would he ever find a local buyer at 3B US (4.2B can)

 

[Habs]

If Molson sold the team would he ever find a local buyer at 3B US (4.2B can)

They inflate the value so they can take bigger loans against the asset. Common practice, unless you are a running for president, then they fine you a few billion for doing it.

 

[ThaDevilGirl]

Molson isn't the sole owner of the Habs, is he?

 

[Kimota]

Value in pro sport, esp. the NHL is pure bullshit.

 

[Redux91]

All I'll say is
Proud of my franchise

Not just any team can be considered the Lakers, Yankees, ...sigh Cowboys of their respective sports

 

[Bombshell11]

Molson isn't the sole owner of the Habs, is he?

You mean the rbc montreal canadiens?

Probably not

 

[Redux91]

Molson isn't the sole owner of the Habs, is he?

As far as I can find
It says Geoff And his 2 brothers (Andrew and Justin) own the team
But trying to find the %'s
It looks like :
"The sale would include Gillett's 80.1-per cent interest in the team and 100 per cent stake in the Bell Centre and event promotion company(Evenko)"

But also :
"Now known as Molson-Coors, the company stayed on as a minority owner of the club, with a 19.9 per cent share, while Gillett owned 80.1 per cent before the sale"

But also, lol
That Andlauer guy who just bought the Sens had 10% of the team at some point
Which the Molsons bought back for a big chunk of change

SO
as far I can tell
Molsons own 100% of the team.

 

[OnTheRun]

Molson isn't the sole owner of the Habs, is he?

No, he's not even the sole entity of the holding company known as "Molson Family". Then you have minority stake like BCE in this.

 

[Guy Larose]

You are mad because he's proving you wrong ? You will get over it.

Nah, you whiny Bitchkov whiners are mad and have been since day 1. Deal with it, we didn't get him.

 

[BLONG7]

Gillette made some nice cash in buying (2001) and re-selling (2009) the Canadiens to Molson, but Molson's investment of 575 million to buy back the Canadiens in 2009 has really paid off.

This....................is why the owners, love Gary Bettman.

The Rich, get Richer!!

Wich is very strange cuz the Habs finished 2nd 4th and 2nd league wise in his first 3 years

The team he inherited eh.................then as he tinkered, well, we all know what happened.......bottom of the barrell.
CP31 made Bergevin a fortune.

 

[nhlfan9191]

That's precisely how he got it, he wouldn't pay anything to level the team up, and would only find cheap bottom 6ers who weren't even clear upgrades most times.

The first time the fans really started to question Bergevin was the 2015 trade deadline when he acquired Flynn and Mitchell, when we badly needed scoring help, not just at center but on the wing as well, with Subban and Markov playing great defensively and Price have a historical season. I can still remember the rift between management and the fanbase at that moment. The honeymoon period was over and all the praise he got for the Vanek trade wasn’t earning him brownie points anymore. The 15/16 season when the team that crashed in shocking fashion during the second half of the season was when he truly lost the fanbase. He never regained anyone’s trust after that.

 

[the valiant effort]

The Subban contract fiasco was enough to convince me the team would be better off with a different GM, and I was never even a PK stan

 

[CharleyHorse]

Three years in a lot of people were already soured on Bergevin. Pretty sure the Bargainbin nickname was around by then...

When did the T’esRien - Subban tug of war reach its breaking point? When BargainBin sided with his coach instead of his player, and ultimately traded Subban, things started to go south in a big way for Marc get-in-the-playoffs-and-anything-could-happen BargainBin. Was that year three?

 

[Michelangelo]

I guess it pays to have those 21,273 fans that fill up the Bell Centre no matter the cost drinking $15 molson beers

 

[Spring in Fialta]

He did trade for Vanek TDL 2014 tho

Who he only got at the very last second because he was the best bad trade of a bunch of trades. There was no real strategy to it. Yeah, nice, it was worth it, but the guy would miss the boat on a bunch of potential players while we were hot because he'd hold unto 1sts like his life depended on it. Total miser of a GM who flunked us because of it.

The first time the fans really started to question Bergevin was the 2015 trade deadline when he acquired Flynn and Mitchell, when we badly needed scoring help, not just at center but on the wing as well, with Subban and Markov playing great defensively and Price have a historical season. I can still remember the rift between management and the fanbase at that moment. The honeymoon period was over and all the praise he got for the Vanek trade wasn’t earning him brownie points anymore. The 15/16 season when the team that crashed in shocking fashion during the second half of the season was when he truly lost the fanbase. He never regained anyone’s trust after that.

Good recap. He also got Petry and it still felt like a missed opportunity, imagine that. That's how bad we needed forwards. The year after, not trading for a genuine goalie when Price went down and we were 1st in the league was wild. Condon/Scrivens. Disaster class.

 

[HuGort]

https://www.cnbc.com/2024/11/20/cnbc-official-nhl-team-valuations-2024.html

Good investment for Molson. Smart man

 

[Habs]

Why do we always have to bring Bitchkov in every conversation. We don't have him, get over it.

I'm still peeved we drafted Kostitsyn over Perry, Getzlaf or Kesler
it takes time to get over things, we are a fickle bunch

 

[SOLR]

Molson isn't the sole owner of the Habs, is he?

BCE the motherload of a system that redistributes debt in wealth for the rich, while making Canadians pay the absolute highest fees in the world for internet connections.

I'm still wondering how a company with a credit rating near bankruptcy isn't forced by the state to cut the dividend and cut network prices significantly for the 98% of Canadians that needs it.