mouser
Business of Hockey
Not supposed to piss off potential customers.
And now the NHL is talking out of both sides of their mouth about expansion, they moved Phoenix, and according to Forbes (which is all we have), only a handful of teams are worth 1 billion plus.
Where is he wrong?
Forbes franchise estimates are always reactive, not proactive. No one thought a below average NBA team was worth $2B until Balmer bought the Clippers.
The 2023 Forbes guesstimates have 21 of 32 NHL teams valued at $1B+, hardly a handful. And since their 2023 publication two of the bottom 11 sold for $1B+.
I’m predicting when the new 2024 Forbes list comes out later this year they’ll have 25+ of 32 teams at $1B+ valuations.