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The Value Of Your Team
by Paul on 10/29/08 at 06:24 PM ET
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from Michael Ozanian and Kurt Badenhausen of Forbes,
A stronger loonie helps teams north of the border, because they take in revenue in Canadian dollars, but pay their players in U.S. currency. Last season the value of the Canadian dollar increased 15% relative to the U.S. dollar. The average team value rose 10% during the past year, to $220 million. Five of the six Canadian teams —Montreal Canadiens, Vancouver Canucks, Ottawa Senators, Calgary Flames and Edmonton Oilers— rose in value more than the league average.
more with all types of sortables lists and fyi, the top 3 valued teams are the Leafs, Rangers and Canadiens.
Filed in: NHL Teams, NHL Talk | KK Hockey | Permalink
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