Pittsburgh Penguins
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Pittsburgh Penguins
Franchise Valuation and Ownership History All amounts in US$ unless otherwise noted. |
|||
Season | Value (US$) |
In today's US$ |
Hockey Franchise Valuation Rank |
1967-68 | $2,000,000 | $18,848,921 | |
Franchise fee to join the NHL: $US 2M. (Was $2.5M according to La Presse.) | |||
Source(s): Book: Power Plays / Book: The Lively World of Hockey / Inside Hockey 1969-70 / Book: The California Golden Seals / Podcast: 50 Years Ago in Hockey / Book: Changing the Game | |||
1970-71 | $7,000,000 | $56,692,427 | |
A group of businessmen led by Thayer Potter, Elmore Keener, A.H. Burchfield and Peter Block bought the franchise for $7M. | |||
Source(s): Book: Brian McFarlane History of Hockey / The Sporting News / La Presse / The Hockey News | |||
1975-76 | $3,800,000 | $22,198,439 | |
Albert Savill, Wren Blair and Otto Frenzel acquired the bankrupt franchise for $3.8M. | |||
Source(s): The Sporting News | |||
1986-87 | $10,000,000 | $28,683,514 | |
Source(s): Fortune | |||
1991-92 | $41,000,000 | $94,650,121 | 15 |
Source(s): Financial World | |||
1992-93 | $53,000,000 | $118,751,425 | 11 |
Source(s): Financial World | |||
1993-94 | $62,000,000 | $134,935,622 | 10 |
Source(s): Financial World | |||
1994-95 | $75,000,000 | $159,087,842 | 11 |
Source(s): Financial World | |||
1995-96 | $76,000,000 | $156,807,980 | 13 |
(Accoring to the Book: Beyond the Scoreboard, the franchise was valued between $80M and $90M.) | |||
Source(s): Financial World | |||
1996-97 | $96,000,000 | $192,428,435 | 10 |
Source(s): Financial World | |||
1998-99 | $89,000,000 | $171,655,727 | 21 |
The Penguins declared bankruptcy in November 1998. | |||
Source(s): Forbes | |||
1999-00 | $99,000,000 | $186,850,762 | 20 |
Mario Lemieux purchased the franchise with a package worth $99M (The franchise was values at $100M by Forbes.) | |||
Source(s): Forbes | |||
2000-01 | $132,000,000 | $241,003,484 | 17 |
Source(s): Forbes | |||
2001-02 | $149,000,000 | $264,559,779 | 14 |
Source(s): Forbes | |||
2002-03 | $137,000,000 | $239,452,969 | 18 |
Source(s): Forbes | |||
2003-04 | $114,000,000 | $194,833,659 | 22 |
Source(s): Forbes | |||
2004-05 | $101,000,000 | $168,119,441 | 28 |
Source(s): Forbes | |||
2006-07 | $133,000,000 | $207,426,956 | 28 |
Source(s): Forbes | |||
2007-08 | $155,000,000 | $235,034,243 | 22 |
Source(s): Forbes | |||
2008-09 | $195,000,000 | $284,756,154 | 18 |
Source(s): Forbes | |||
2009-10 | $222,000,000 | $325,332,339 | 11 |
Source(s): Forbes | |||
2010-11 | $235,000,000 | $338,824,177 | 9 |
Source(s): Forbes / Book: Sports Economics | |||
2011-12 | $264,000,000 | $368,994,399 | 9 |
Source(s): Forbes | |||
2012-13 | $288,000,000 | $394,386,515 | 9 |
Source(s): Forbes | |||
2013-14 | $480,000,000 | $647,802,198 | 8 |
Source(s): Forbes | |||
2014-15 | $565,000,000 | $750,342,148 | 10 |
Source(s): Forbes | |||
2015-16 | $560,000,000 | $742,823,390 | 11 |
The value was $750M according to the book The rise of the Pittsburgh Penguins 2009-2018. | |||
Source(s): Forbes | |||
2016-17 | $570,000,000 | $746,668,889 | 11 |
Source(s): Forbes | |||
2017-18 | $650,000,000 | $833,714,099 | 10 |
Source(s): Forbes | |||
2018-19 | $650,000,000 | $813,826,610 | 11 |
Source(s): Forbes | |||
2019-20 | $665,000,000 | $817,789,251 | 11 |
Source(s): Forbes | |||
2020-21 | $650,000,000 | $789,644,513 | 11 |
2021-22 | $900,000,000 | $1,044,132,841 | 12 |
On November 31, 2021, Fenway Sports Group purchased a controlling stake of the Pittsburgh Penguins for $900M from Mario Lemieux and Ron Burkle who retained a minority stake (It was for $875M according to CNBC). According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was between $900M and $999M. | |||
Source(s): Forbes | |||
2022-23 | $990,000,000 | $1,063,395,969 | 15 |
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1B. It was $900M according to Sportico. | |||
Source(s): Forbes | |||
2023-24 | $1,175,000,000 | $1,212,405,645 | 17 |
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.5B. It was $1.07B according to Sportico. | |||
Source(s): Forbes | |||
2024-25 | $1,750,000,000 | $1,750,000,000 | 17 |
Source(s): CNBC |