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Operating an NHL Franchise
Revenus and Operating Income according to Forbes Magazine
(Million US$)
"Var." = variation versus previous year
98-99
97-98
FrFranchise
Revenues
Var.
Operating Income
Var.
Revenues
Operating Income
Anaheim
Mighty Ducks
46.7
-2.9
-4.4
-10.7
49.6
6.3
Boston
Bruins
70.5
4.4
10.1
-7.9
66.1
18
Buffalo
Sabres
53.7
12.2
-5.3
-4
41.5
-1.3
Calgary
Flames
39.1
0.2
0.7
0.1
38.9
0.6
Carolina
Hurricanes
24.1
-1
-20.6
-7.2
25.1
-13.4
Chicago
Blackhawks
65.9
2.8
6.8
-6.8
63.1
13.6
Colorado
Avalanche
57.2
4
2.6
9.5
53.2
-6.9
Dallas
Stars
59.4
13.8
-5.2
-2.6
45.6
-2.6
Detroit
Red Wings
71.8
-8.3
-11.6
-9.7
80.1
-1.9
Edmonton
Oilers
36.1
2.5
2.7
0.4
33.6
2.3
Florida
Panthers
65.0
32.3
5.1
14.4
32.7
-9.3
Los
Angeles Kings
33.9
-4.6
-14.5
-13.5
38.5
-1
Montreal
Canadiens
64.9
3.1
5.8
-2.5
61.8
8.3
Nashville
Predators
48.3
-
17.8
-
-
-
New
Jersey Devils
51.9
-2.5
-0.1
-4.5
54.4
4.4
NY
Islanders
40.4
-5.8
0.9
-12
46.2
12.9
NY
Rangers
84.2
14.6
8.7
12.6
69.6
-3.9
Ottawa
Senators
46.7
3.9
1.4
0.2
42.8
1.2
Philadelphia
Flyers
75.5
0.9
0.8
-1.2
74.6
2
Phoenix
Coyotes
42.5
1.3
-3.3
-4
41.2
0.7
Pittsburgh
Penguins
41.5
-11.1
-3.4
-12.1
52.6
8.7
San Jose
Sharks
51.2
2
-1.2
1.4
49.2
-2.6
St.Louis
Blues
62.2
-7.8
-3.9
-17.5
70.0
13.6
Tampa
Bay Lightning
34.1
-7.8
-18
-16.3
41.9
-1.7
Toronto
Maple Leafs
62.7
15.2
2.5
-4.3
47.5
6.8
Vancouver
Canucks
38.3
-3.5
-13.7
-3.3
41.8
-10.4
Washington
Capitals
55.8
-18.4
-1.7
-15.8
74.2
14.1
NHL Average
52.7
1.3
-1.5
-3.8
51.4
2.3
Expenses and Revenues of an average NHL franchise in 1997 (Million US$)
According to the former President and CEO of the NHL, Gil Stein,
the NHL franchises were losing, on average, between $6M and $9M per season in 1997
compared to average losses of only $1M in 1993. The figures below represent the expenses
and revenues of running an average hockey franchise. In many cases, owners of NHL
franchises own other businesses (arena, cable tv, beer sales, etc) that benefit from the
hockey operations.
Expenses
Revenues
Item
$
%
Item
$
%
Player Payroll
28.0
68%
Gate Receipts
21.0
66%
Selling & Admin. Costs
11.0
26%
Concessions
1.0
3%
Rent
2.5
6%
Sponsorship + Ads in Arena
3.0
9%
National TV
3.5
11%
Local Radio + TV
3.5
11%
TOTAL
41.5
100%
TOTAL
32.0
100%
Source: Power Plays - An Inside Look at the Big
Business of the NHL (by Gil Stein)
Power Plays
An Inside Look at the Big Business of the NHL
