Detroit Red Wings
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Detroit Red Wings
- Detroit Falcons
- Detroit Cougars
| Franchise Valuation and Ownership History All amounts in US$ unless otherwise noted. |
|||
| Season | Value (US$) |
In today's US$ |
Hockey Franchise Valuation Rank |
| 1926-27 | $50,000 | $826,836 | |
| Prior to the season, Lester and Frank Patrick sold the Victoria Cougars to the Townsend-Seyburn group for $50,000, originally called the Detroit Cougars. (It was sold for $100,000 according to the book So You Think You're a Detroit Red Wings Fan? / It was sold for $250,000 according to the book New York Rangers - Greatest Moments and Players) | |||
| Source(s): Book: Deceptions and Doublecross | |||
| 1932-33 | $100,000 | $2,144,322 | |
| The Olympia in Detroit went into receivership and Arthur Wirtz and James Norris took it over for $2.5M and landed the Detroit Red Wings franchise in the deal for another $100,000. | |||
| Source(s): Book: The Devil and Bobby Hull | |||
| 1982-83 | $8,000,000 | $24,265,285 | |
| In June 1982, Mike Illitch purchased the team from the Norris family for $8M (the whole transaction was $10M for the Detroit Red Wings (NHL), Adirondack Red Wings (AHL) and Kalamazoo Wings (IHL)). (According to the book Brian McFalane's History of Hockey, it was $9M and according to the book La glorieuse histoire des Canadiens, it was for $7M.) | |||
| Source(s): Book: Icing on the Plains / The Sporting News / The Hockey News / Book: The Russian Five / Book: So You Think You're a Detroit Red Wings Fan? / Forbes / La Presse | |||
| 1991-92 | $70,000,000 | $150,444,232 | 1 |
| Source(s): Financial World | |||
| 1992-93 | $87,000,000 | $181,477,338 | 1 |
| Source(s): Financial World | |||
| 1993-94 | $104,000,000 | $210,721,307 | 1 |
| Source(s): Financial World | |||
| 1994-95 | $124,000,000 | $244,871,137 | 1 |
| Source(s): Financial World | |||
| 1995-96 | $126,000,000 | $242,027,825 | 1 |
| Source(s): Financial World | |||
| 1996-97 | $146,000,000 | $272,452,662 | 4 |
| Source(s): Financial World | |||
| 1998-99 | $184,000,000 | $330,389,547 | 4 |
| Source(s): Forbes | |||
| 1999-00 | $194,000,000 | $340,880,058 | 4 |
| Source(s): Forbes | |||
| 2000-01 | $218,000,000 | $370,549,361 | 3 |
| Source(s): Forbes | |||
| 2001-02 | $225,000,000 | $371,929,181 | 5 |
| Source(s): Forbes | |||
| 2002-03 | $266,000,000 | $432,834,112 | 1 |
| Source(s): Forbes | |||
| 2003-04 | $245,000,000 | $389,821,157 | 5 |
| Source(s): Forbes | |||
| 2004-05 | $248,000,000 | $384,315,968 | 5 |
| Source(s): Forbes | |||
| 2006-07 | $258,000,000 | $374,604,891 | 3 |
| Source(s): Forbes | |||
| 2007-08 | $295,000,000 | $416,448,828 | 3 |
| Source(s): Forbes | |||
| 2008-09 | $303,000,000 | $411,928,007 | 4 |
| Source(s): Forbes | |||
| 2009-10 | $337,000,000 | $459,773,935 | 4 |
| Source(s): Forbes | |||
| 2010-11 | $315,000,000 | $422,821,700 | 4 |
| Source(s): Forbes / Book: Sports Economics | |||
| 2011-12 | $336,000,000 | $437,215,257 | 4 |
| Source(s): Forbes | |||
| 2012-13 | $346,000,000 | $441,108,933 | 6 |
| Source(s): Forbes | |||
| 2013-14 | $470,000,000 | $590,526,271 | 9 |
| Source(s): Forbes | |||
| 2014-15 | $570,000,000 | $704,735,152 | 9 |
| Source(s): Forbes | |||
| 2015-16 | $600,000,000 | $740,950,131 | 8 |
| Source(s): Forbes | |||
| 2016-17 | $625,000,000 | $762,207,825 | 8 |
| Source(s): Forbes | |||
| 2017-18 | $700,000,000 | $835,876,305 | 9 |
| Source(s): Forbes | |||
| 2018-19 | $775,000,000 | $903,359,086 | 8 |
| Source(s): Forbes | |||
| 2019-20 | $800,000,000 | $915,903,935 | 8 |
| Source(s): Forbes | |||
| 2020-21 | $775,000,000 | $876,516,615 | 8 |
| Source(s): Forbes | |||
| 2021-22 | $990,000,000 | $1,069,273,063 | 9 |
| According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was between $1.5B and $2B. | |||
| Source(s): Forbes | |||
| 2022-23 | $1,030,000,000 | $1,030,000,000 | 11 |
| According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.8B. It was $1.12B according to Sportico. | |||
| Source(s): Forbes | |||