Leafs First NHL Team Worth a Billion

[Fanatic]

NEW YORK -- The Toronto Maple Leafs are the first NHL team worth $1 billion, according to Forbes magazine.

The Leafs, who have not won a Stanley Cup since 1967, are worth $250 million more than the next most valuable franchise, the New York Rangers. The Montreal Canadiens are worth $575 million.

The Chicago Blackhawks ($350 million), Boston Bruins ($348 million) and Detroit Red Wings ($346 million) round up the top six, meaning the league's six original franchises are also its most valuable.

The Vancouver Canucks are the next Canadian team on the list, in seventh at $342 million. The Calgary Flames are in 12th at $245 million, the Edmonton Oilers are ranked 14th at $225 million, the Ottawa Senators 16th at $220 million and the Winnipeg Jets 20th at $200 million.

Least valuable of the 30 teams are the St. Louis Blues at $130 million and the Phoenix Coyotes at $134 million.

The Stanley Cup champion Los Angeles Kings are worth $276 million, 10th overall.

Forbes says the NHL's total revenues were $3.4 billion for the 2011-12 season.




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[jdh1]

To think that the Leafs have been out of the playoffs for 7 years and counting, they are worth 1 billion dollars.If they could become a contender they could probably be worth in one year 200 million more..More than some clubs are worth now.

 

[Kin]

I'm guessing champagne's a popping at MLSE. I only hope that the lockout ends soon so they can raise the banner.

 

[ZBBM]

To think that the Leafs have been out of the playoffs for 7 years and counting, they are worth 1 billion dollars.If they could become a contender they could probably be worth in one year 200 million more..More than some clubs are worth now.

I'm not sure it would make all that much of a difference.  Sure, there's extra revenue to be had by being in the playoffs, but the Leafs are worth so much because they have a huge and loyal fanbase that supports them no matter what.  That's the foundation of the value.

 

[Justin]

I'm guessing champagne's a popping at MLSE. I only hope that the lockout ends soon so they can raise the banner.

The OTPP was smart to get out when they did. Rogers/Bell are now stuck paying all the checks while getting no revenue in return due to the lockout.

 

[Deebo]

I'm guessing champagne's a popping at MLSE. I only hope that the lockout ends soon so they can raise the banner.

The OTPP was smart to get out when they did. Rogers/Bell are now stuck paying all the checks while getting no revenue in return due to the lockout.

Whatever expenses Rogers/Bell are paying associated with the Leafs during the lockout would be of little significance to OTPP or Rogers/Bell.

 

[Deebo]

"I'm intrigued by the evaluation and the recent MLSE acquisition clearly demonstrates the growing importance of all of our franchises to our fans," MLSE COO and President Tom Anselmi told TSN. "But I have no idea of how they came up with that number."

 

[Justin]

I'm guessing champagne's a popping at MLSE. I only hope that the lockout ends soon so they can raise the banner.

The OTPP was smart to get out when they did. Rogers/Bell are now stuck paying all the checks while getting no revenue in return due to the lockout.

Whatever expenses Rogers/Bell are paying associated with the Leafs during the lockout would be of little significance to OTPP or Rogers/Bell.

Regardless, the OTPP was smart to get out right before a lockout. One would think they knew something was coming...

 

[Frank E]

The New York Rangers ($750 million) and Montreal Canadiens ($575 million) were the second and third top valued teams on the list and together with the Maple Leafs accounted for 83% of the NHL?s income.

http://slam.canoe.ca/Slam/Hockey/NHL/Toronto/2012/11/28/20392031.html

That's incredible.  I don't know if the other big leagues have the same sort of revenue imbalance...but wow.

 

[Deebo]

I'm guessing champagne's a popping at MLSE. I only hope that the lockout ends soon so they can raise the banner.

The OTPP was smart to get out when they did. Rogers/Bell are now stuck paying all the checks while getting no revenue in return due to the lockout.

Whatever expenses Rogers/Bell are paying associated with the Leafs during the lockout would be of little significance to OTPP or Rogers/Bell.

Regardless, the OTPP was smart to get out right before a lockout. One would think they knew something was coming...

OTPP's decision probably had nothing to do with a impending lockout.

 

[Peter D.]

My first thought: How in the world did the team's valuation nearly double over last year? 

 

[bustaheims]

My first thought: How in the world did the team's valuation nearly double over last year? 

They were sold. That's about it.

 

[Peter D.]

My first thought: How in the world did the team's valuation nearly double over last year? 

They were sold. That's about it.

I found it strange because the whole enterprise was worth over a billion -- Leafs, Raptors, TFC, ACC, BMo Field -- and now the team alone is nearly as much as that entire purchase price.

 

[ZBBM]

The New York Rangers ($750 million) and Montreal Canadiens ($575 million) were the second and third top valued teams on the list and together with the Maple Leafs accounted for 83% of the NHL?s income.

http://slam.canoe.ca/Slam/Hockey/NHL/Toronto/2012/11/28/20392031.html

That's incredible.  I don't know if the other big leagues have the same sort of revenue imbalance...but wow.

Which is why I doubt whether the NHL will allow a 2nd team in the GTA, despite all the punditry to the contrary.  Why cannibalize your top franchise?  The idea that a 2nd franchise in TO would automatically be synergistic is wishful thinking IMO.

 

[bustaheims]

I found it strange because the whole enterprise was worth over a billion -- Leafs, Raptors, TFC, ACC, BMo Field -- and now the team alone is nearly as much as that entire purchase price.

Yeah. They had the purchase price for Rogers'/Bell's 75% share at $2.05B. Not sure where they got that number, since, from what I can find elsewhere, the deal was valued at ~$1.3B, making the total value of MLSE ~$1.75B. Considering all the assets held by MLSE (what you listed, plus the Marlies, the condos, Real Sports Bar & Grill, Real Sports Apparel, e11even, LeafsTV, RaptorsTV & GolTV, among others, I'm sure), I doubt the Leafs make up that significant a percentage of their value, even though they are the most valuable of the assets held by MLSE. My guess is a number of their team valuations are higher than reality.

 

[Kin]

I found it strange because the whole enterprise was worth over a billion -- Leafs, Raptors, TFC, ACC, BMo Field -- and now the team alone is nearly as much as that entire purchase price.

Yeah. They had the purchase price for Rogers'/Bell's 75% share at $2.05B. Not sure where they got that number, since, from what I can find elsewhere, the deal was valued at ~$1.3B, making the total value of MLSE ~$1.75B. Considering all the assets held by MLSE (what you listed, plus the Marlies, the condos, Real Sports Bar & Grill, Real Sports Apparel, e11even, LeafsTV, RaptorsTV & GolTV, among others, I'm sure), I doubt the Leafs make up that significant a percentage of their value, even though they are the most valuable of the assets held by MLSE. My guess is a number of their team valuations are higher than reality.

I don't know. If they're making 80-90 million dollars a year a billion dollar valuation strikes me as pretty reasonable.

 

[bustaheims]

I don't know. If they're making 80-90 million dollars a year a billion dollar valuation strikes me as pretty reasonable.

If it weren't for the other information available regarding the sale of MLSE, etc, I'd probably agree, but, I have a hard time believing the the Leafs alone represent close to 60% of MLSE's market value. If Forbes is including the ACC as part of that valuation, then maybe, but the Leafs alone? I'm not so sure.

 

[Justin]

Interesting to note that from the latest figures the Leafs are worth more than any NBA team according to Forbes and have a higher operating income (earnings before interest, taxes, depreciation, and amortization) than any NBA team as well.

 

[WalterSobchak]

Not surprised. The only drawback are the number of teams they have probably saved along the years in the name of Garys NHL

 

[Bender]

I'm guessing champagne's a popping at MLSE. I only hope that the lockout ends soon so they can raise the banner.

The OTPP was smart to get out when they did. Rogers/Bell are now stuck paying all the checks while getting no revenue in return due to the lockout.

Whatever expenses Rogers/Bell are paying associated with the Leafs during the lockout would be of little significance to OTPP or Rogers/Bell.

Regardless, the OTPP was smart to get out right before a lockout. One would think they knew something was coming...

I actually know a teacher who was pissed to hear they divested.