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Description

Franchise value and ownership history

Franchise name/location history (most to least recent):
  • Carolina Hurricanes
  • Hartford Whalers
  • New England Whalers

Franchise Valuation and Ownership History
All amounts in US$ unless otherwise noted.
Season   Value
(US$)
In today's
US$
Hockey Franchise
Valuation Rank
1972-73 $25,000 $181,074
Howard Baldwin, W. Godfrey Wood, John Coburn and William Edward Barnes bought the original WHA franchise for $25,000 to play in Boston as the New England Whalers.
Source(s): Book: Slim and None
1974-75 $0 $0
In January 1975, the WHA team moved to Hartford, retaining the name of New England Whalers.
Source(s): HockeyZonePlus
1979-80 $0 $0
Prior to the season, as the WHA folded, paid $US 6M as entry rights to the NHL to join the league. The team was renamed, from the New England Whalers, the Hartford Whalers.
Source(s): Book: Les Nordiques / Book: Slim and None
1988-89 $31,000,000 $79,400,474
On June 28, 1988, Donald Conrad and Richard Gordon bought the NHL's Hartford Whalers for $31M. (It was sold for $33M according to the Book Slim and None)
Source(s): Book: The Whalers / The Hockey News 1989 Yearbook / NY Times / Book: Brian McFarlane's History of Hockey / Book: American Sports Empire: How the Leagues Breed Success
1991-92 $49,000,000 $108,980,836 12
Source(s): Financial World
1992-93 $48,000,000 $103,614,595 16
Source(s): Financial World
1993-94 $47,500,000 $99,596,774 19
In June 1994, Peter Karmanos and Thomas Thewes purchased the NHL's Hartford Whalers from Lowell Weicker for $47.5M.
Source(s): Hartford Courant / Book: The Whalers / Forbes
1994-95 $31,476,000 $64,323,846 26
Source(s): Financial World
1995-96 $40,000,000 $79,511,747 26
Source(s): Financial World
1996-97 $48,000,000 $92,694,931 25
Source(s): Financial World
1998-99 $80,000,000 $148,653,457 24
Source(s): Forbes
1999-00 $70,000,000 $127,284,188 28
Source(s): Forbes
2000-01 $79,000,000 $138,961,092 29
Source(s): Forbes
2001-02 $103,000,000 $176,194,161 26
Source(s): Forbes
2002-03 $128,000,000 $215,539,248 21
Source(s): Forbes
2003-04 $109,000,000 $179,474,342 26
Source(s): Forbes
2004-05 $100,000,000 $160,366,370 29
Source(s): Forbes
2006-07 $144,000,000 $216,367,875 21
Source(s): Forbes
2007-08 $155,000,000 $226,437,253 22
Source(s): Forbes
2008-09 $168,000,000 $236,354,854 22
Source(s): Forbes
2009-10 $177,000,000 $249,898,853 20
Source(s): Forbes
2010-11 $162,000,000 $225,028,891 24
Source(s): Forbes / Book: Sports Economics
2011-12 $169,000,000 $227,572,241 23
(The franchise was worth $162M according to the book Sports and Labor in the United States.)
Source(s): Forbes
2012-13 $162,000,000 $213,727,950 26
Source(s): Forbes
2013-14 $186,000,000 $241,841,518 27
Source(s): Forbes
2014-15 $220,000,000 $281,481,794 28
Source(s): Forbes
2015-16 $225,000,000 $287,539,026 28
Source(s): Forbes
2016-17 $230,000,000 $290,267,072 30
Source(s): Forbes
2017-18 $370,000,000 $457,216,873 27
Source(s): Forbes
2018-19 $420,000,000 $506,622,596 26
Source(s): Forbes
2019-20 $450,000,000 $533,149,495 25
Source(s): Forbes
2020-21 $440,000,000 $514,976,816 24
Source(s): Forbes
2021-22 $550,000,000 $614,741,697 27
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was between $650M and $699M.
Source(s): Forbes
2022-23 $640,000,000 $662,302,699 28
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $800M. It was $615M according to Sportico.
Source(s): Forbes
2023-24 $825,000,000 $825,000,000 27
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.1B. It was $980M according to Sportico.
Source(s): Forbes