Carolina Hurricanes
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 | $192,671 | |
| 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 / The Hockey News | |||
| 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 | $84,485,879 | |
| 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 / La Presse (According to the Hockey News, the $31M might have been for 75% of the franchise, which would put the total value of the team at $41.33M.) | |||
| 1991-92 | $49,000,000 | $115,960,790 | 12 |
| Source(s): Financial World | |||
| 1992-93 | $48,000,000 | $110,250,855 | 16 |
| Source(s): Financial World | |||
| 1993-94 | $47,500,000 | $105,975,703 | 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 | $68,443,630 | 26 |
| Source(s): Financial World | |||
| 1995-96 | $40,000,000 | $84,604,279 | 26 |
| Source(s): Financial World | |||
| 1996-97 | $48,000,000 | $98,631,814 | 25 |
| Source(s): Financial World | |||
| 1998-99 | $80,000,000 | $158,174,345 | 24 |
| Source(s): Forbes | |||
| 1999-00 | $70,000,000 | $135,436,427 | 28 |
| Source(s): Forbes | |||
| 2000-01 | $79,000,000 | $147,861,208 | 29 |
| Source(s): Forbes | |||
| 2001-02 | $103,000,000 | $187,478,963 | 26 |
| Source(s): Forbes | |||
| 2002-03 | $128,000,000 | $229,344,007 | 21 |
| Source(s): Forbes | |||
| 2003-04 | $109,000,000 | $190,969,232 | 26 |
| Source(s): Forbes | |||
| 2004-05 | $100,000,000 | $170,637,442 | 29 |
| Source(s): Forbes | |||
| 2006-07 | $144,000,000 | $230,225,706 | 21 |
| Source(s): Forbes | |||
| 2007-08 | $155,000,000 | $240,940,002 | 22 |
| Source(s): Forbes | |||
| 2008-09 | $168,000,000 | $251,492,801 | 22 |
| Source(s): Forbes | |||
| 2009-10 | $177,000,000 | $265,904,260 | 20 |
| Source(s): Forbes | |||
| 2010-11 | $162,000,000 | $239,441,438 | 24 |
| Source(s): Forbes / Book: Sports Economics | |||
| 2011-12 | $169,000,000 | $242,147,684 | 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 | $227,416,699 | 26 |
| Source(s): Forbes | |||
| 2013-14 | $186,000,000 | $257,330,872 | 27 |
| Source(s): Forbes | |||
| 2014-15 | $220,000,000 | $299,510,011 | 28 |
| Source(s): Forbes | |||
| 2015-16 | $225,000,000 | $305,955,194 | 28 |
| Source(s): Forbes | |||
| 2016-17 | $230,000,000 | $308,857,964 | 30 |
| Source(s): Forbes | |||
| 2017-18 | $370,000,000 | $486,500,490 | 27 |
| Source(s): Forbes | |||
| 2018-19 | $420,000,000 | $539,070,527 | 26 |
| Source(s): Forbes | |||
| 2019-20 | $450,000,000 | $567,296,409 | 26 |
| Source(s): Forbes | |||
| 2020-21 | $440,000,000 | $547,959,815 | 24 |
| Source(s): Forbes | |||
| 2021-22 | $550,000,000 | $654,114,391 | 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 | $704,721,558 | 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 | $872,653,430 | 28 |
| 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 | |||
| 2024-25 | $1,250,000,000 | $1,284,268,409 | 27 |
| According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.4B. It was $1.29B according to Sportico and $1.3B according to CNBC. | |||
| Source(s): Forbes | |||
| 2025-26 | $1,920,000,000 | $1,920,000,000 | 15 |
| Source(s): Sportico | |||