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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

Power Plays
For more info or to order, click on the price.

$ 15.37 US
from Amazon

$ 4.99 Canadian
from Chapters Canada

 

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