Latest Forbes Franchise Value Rankings: Jets rank 20th

[cheswick]

20. Winnipeg Jets

Current Value: $358 mil.
Revenue 2013-2014: $103 mil.
Operating Income 2013-2014: $3.3 mil.

The Jets have sold out every game at MTS Centre since moving to Winnipeg from Atlanta two years ago, but with no NBA tenant, a relatively low fee for its local television rights, and not much in the way of concert revenue, the Jets must make the playoffs to ensure a big profit and the team has missed the Stanley Cup tournament the past three seasons.

http://www.forbes.com/sites/mikeozanian/2014/11/25/the-most-valuable-teams-in-the-nhl/

Click to read more...

 

[cbcwpg]

"not much in the way of concert revenue"

http://sprint_center.s3.amazonaws.com/doc/2014MidYearWorldwideTicketSalesTop100ArenaVenues.pdf

MTS Centre isn't #1 or anything, but it holds it own worldwide.

 

[cheswick]

"not much in the way of concert revenue"

http://sprint_center.s3.amazonaws.com/doc/2014MidYearWorldwideTicketSalesTop100ArenaVenues.pdf

MTS Centre isn't #1 or anything, but it holds it own worldwide.

Looking at the list there are 13 or 14 NHL arenas ahead of the MTS centre. And some that are below have an addtional full time tenant. Plus while certainly correlated, number of tickets sold doesn't necessarily equare to concert revenue.

 

[Duke749]

"not much in the way of concert revenue"

http://sprint_center.s3.amazonaws.com/doc/2014MidYearWorldwideTicketSalesTop100ArenaVenues.pdf

MTS Centre isn't #1 or anything, but it holds it own worldwide.

Holy ****, Phillips Arena is third in the US?!?

 

[JustGivingEr]

The Stabley Cup tournament?

 

[Gm0ney]

Tickets sales alone should amount to about $60 million for the Jets (14000 seats x $100 avg ticket price x 45 games). Then add in luxury boxes, TV/radio deal, advertising/sponsorships, concessions, league revenue, merchandise sales. All that only adds up to another $43 million? I'm not convinced...

 

[Derfel*]

"not much in the way of concert revenue"

http://sprint_center.s3.amazonaws.com/doc/2014MidYearWorldwideTicketSalesTop100ArenaVenues.pdf

MTS Centre isn't #1 or anything, but it holds it own worldwide.

Yeah - even just looking at the criteria they use, I see Winnipeg up at 16th or 17th.

Still - 20th is really good for our market.

 

[Shakey Rustie]

Yeah - even just looking at the criteria they use, I see Winnipeg up at 16th or 17th.

Still - 20th is really good for our market.

We definitely punch higher than our reach, or whatever the saying is.

 

[Yukon Joe]

Yeah - even just looking at the criteria they use, I see Winnipeg up at 16th or 17th.

Still - 20th is really good for our market.

Yeah. We're the smallest market playing in the smallest arena. We're punching above our weight even at #20.

 

[knorthern knight]

Holy ****, Phillips Arena is third in the US?!?

I remember, during the last weeks of the Thrashers' existance, all the talk that Phillips could make more money hosting concerts, wrestling, etc, than they could off the Thrashers. And that was the reason ASG wanted to get rid of the Thrashers.

 

[Arthur Fonzarelli]

What does having an NBA tenant for MTS Centre have to do with the Jets value as a franchise or concert revenue for that matter.

Is Forbes ranking the Jets or MTS Centre?

 

[cheswick]

What does having an NBA tenant for MTS Centre have to do with the Jets value as a franchise or concert revenue for that matter.

Is Forbes ranking the Jets or MTS Centre?

If the same ownership group controls the arena, it includes that value as well (and arena debt).

 

[Arthur Fonzarelli]

If the same ownership group controls the arena, it includes that value as well (and arena debt).

So teams that don't own their own arena rank ahead of us?

09. Detroit
10. Pittsburgh
12. Edmonton
13. Calgary
14. San Jose
17. Minnesota
18. Anaheim

MTS Centre ranks as one of the most profitable arenas in North America. I really have to question Forbes formula to have this taken into account & still place us so low.

Teams that own their own arena:

01. Toronto Maple Leafs (Larry Tanenbaum)
02. New York Rangers (James Dolan)
03. Montreal Canadiens (Geoff Molson)
04. Chicago Blackhawks (Rocky Wirtz)
05. Vancouver Canucks (Francesco Aquilini)
06. Boston Bruins (Jeremy Jacobs)
07. Philadelphia Flyers (Ed Snyder)
08. Los Angeles Kings (Philip Anschutz)
11. Washington Capitals (Ted Leonsis)
15. Dallas Stars (Tom Hicks 50%)
16. Ottawa Senators (Eugene Melnyk)
19. Colorado Avalanche (Stan Kroenke)
20. Winnipeg Jets (Mark Chipman)
26. Tampa Bay Lightning (Jeffrey Vinik)

We Are also 1 of only 12 teams that outright own their AHL franchise.

 

[Mortimer Snerd]

So teams that don't own their own arena rank ahead of us?

09. Detroit
10. Pittsburgh
12. Edmonton
13. Calgary
14. San Jose
17. Minnesota
18. Anaheim

MTS Centre ranks as one of the most profitable arenas in North America. I really have to question Forbes formula to have this taken into account & still place us so low.

Teams that own their own arena:

01. Toronto Maple Leafs (Larry Tanenbaum)
02. New York Rangers (James Dolan)
03. Montreal Canadiens (Geoff Molson)
04. Chicago Blackhawks (Rocky Wirtz)
05. Vancouver Canucks (Francesco Aquilini)
06. Boston Bruins (Jeremy Jacobs)
07. Philadelphia Flyers (Ed Snyder)
08. Los Angeles Kings (Philip Anschutz)
11. Washington Capitals (Ted Leonsis)
15. Dallas Stars (Tom Hicks 50%)
16. Ottawa Senators (Eugene Melnyk)
19. Colorado Avalanche (Stan Kroenke)
20. Winnipeg Jets (Mark Chipman)
26. Tampa Bay Lightning (Jeffrey Vinik)

We Are also 1 of only 12 teams that outright own their AHL franchise.

I agree. If they are ranking the companies that own the franchises then they have to look at TNSE not the Jets and MLSE not the Leafs. This seems inconsistent.

 

[Brian Cadle Fan]

Does anyone remember what they were valued at last year?

 

[cheswick]

Does anyone remember what they were valued at last year?

They went from 16th ranked last year to 20th this year. Value increased by 5%. Revenue decreased from $6.3 to $3.3