Colorado Avalanche
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Colorado Avalanche
- Quebec Nordiques
| Franchise Valuation and Ownership History All amounts in US$ unless otherwise noted. |
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| Season | Value (US$) |
In today's US$ |
Hockey Franchise Valuation Rank |
| 1971-72 | $25,000 | $194,122 | |
| Gary Davidson bought the original WHA franchise for $25,000. | |||
| Source(s): La Presse | |||
| 1972-73 | $215,000 | $1,616,356 | |
| Marius Fortier, Jean-Marc Bruneau, John Dacres, Jean-Claude Mathieu and other investors bought the WHA franchise that Gary Davidson had originally purchased for $25,000 for $215,000 and it became the Quebec Nordiques. | |||
| Source(s): Book: The Rebel League / La Presse | |||
| 1976-77 | $2,535,000 | $14,004,639 | |
| Value in Canadian currency: $2,500,000. Carling-O'Keefe bought 93% of the shares of the Quebec Nordiques for $C 2.5M, buying the remaining 7% three years later. | |||
| Source(s): Book: Les Nordiques | |||
| 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 as the Quebec Nordiques. | |||
| Source(s): Book: Les Nordiques / Book: Slim and None | |||
| 1986-87 | $21,600,000 | $61,956,391 | |
| Value in Canadian currency: $30,000,000. In La Presse, Marce Aubut (who headed a group that purchased the franchise the following year) evaluated the Quebec Nordiques franchise at C $22M. | |||
| Source(s): Fortune | |||
| 1988-89 | $14,634,000 | $38,905,205 | |
| Value in Canadian currency: $18,000,000. A group of investors headed by Marcel Aubut purchased the Quebec Nordiques from Carling O'Keefe Brewery for $18M. The group included five entities that ech invested 20%: Metro Richelie, Groupe Mutuelle des fonctionnaire du Quebec, Fonds de solidarite des travailleurs du Quebec, Carling-O'Keefe, and Societe Autil (investment firm owned by Marcel Aubut and Marcel Dutil.) (It was for $15M according to another edition of La Presse.) | |||
| Source(s): La Presse / Book: American Sports Empire: How the Leagues Breed Success | |||
| 1991-92 | $45,000,000 | $103,884,279 | 13 |
| Source(s): Financial World | |||
| 1992-93 | $48,000,000 | $107,548,461 | 16 |
| Source(s): Financial World | |||
| 1993-94 | $43,000,000 | $93,584,383 | 23 |
| Source(s): Financial World | |||
| 1994-95 | $49,000,000 | $103,937,390 | 22 |
| Source(s): Financial World | |||
| 1995-96 | $75,000,000 | $154,744,717 | 14 |
| In May 1995, Marcel Aubut sold the Quebec Nordiques from the group he led to Comsat Communications for $75M. The team was immediately moved the team to Denver and renamed the Colorado Avalanche. (The franchise was valued at $47M by Financial World.) | |||
| Source(s): Book: Les Stastny / Book: Brian McFarlane's History of Hockey / Book: La glorieuse histoire des Canadiens | |||
| 1996-97 | $81,000,000 | $162,361,492 | 16 |
| Source(s): Financial World | |||
| 1998-99 | $138,000,000 | $266,162,812 | 8 |
| Source(s): Forbes | |||
| 1999-00 | $160,000,000 | $301,981,030 | 9 |
| Source(s): Forbes | |||
| 2000-01 | $202,000,000 | $368,808,362 | 6 |
| In July 2000, the franchise was purchased by Stan Kroenke for $202M according to Forbes and CNBC. (Was valued by Forbes at $198M.) | |||
| Source(s): Forbes / CNBC | |||
| 2001-02 | $243,000,000 | $431,463,263 | 3 |
| Source(s): Forbes | |||
| 2002-03 | $250,000,000 | $436,957,972 | 5 |
| Source(s): Forbes | |||
| 2003-04 | $229,000,000 | $391,376,386 | 6 |
| Source(s): Forbes | |||
| 2004-05 | $246,000,000 | $409,479,034 | 6 |
| Source(s): Forbes | |||
| 2006-07 | $219,000,000 | $341,552,656 | 8 |
| Source(s): Forbes | |||
| 2007-08 | $214,000,000 | $324,498,891 | 9 |
| Source(s): Forbes | |||
| 2008-09 | $231,000,000 | $337,326,521 | 9 |
| Source(s): Forbes | |||
| 2009-10 | $205,000,000 | $300,419,502 | 15 |
| Source(s): Forbes | |||
| 2010-11 | $198,000,000 | $285,477,392 | 15 |
| Source(s): Forbes / Book: Sports Economics | |||
| 2011-12 | $198,000,000 | $276,745,799 | 18 |
| Source(s): Forbes | |||
| 2012-13 | $210,000,000 | $287,573,501 | 18 |
| Source(s): Forbes | |||
| 2013-14 | $335,000,000 | $452,111,951 | 17 |
| Source(s): Forbes | |||
| 2014-15 | $360,000,000 | $478,094,112 | 18 |
| Source(s): Forbes | |||
| 2015-16 | $360,000,000 | $477,529,322 | 19 |
| Source(s): Forbes | |||
| 2016-17 | $360,000,000 | $471,580,351 | 19 |
| Source(s): Forbes | |||
| 2017-18 | $385,000,000 | $493,815,274 | 24 |
| Source(s): Forbes | |||
| 2018-19 | $430,000,000 | $538,377,603 | 24 |
| Source(s): Forbes | |||
| 2019-20 | $475,000,000 | $584,135,180 | 23 |
| Source(s): Forbes | |||
| 2020-21 | $465,000,000 | $564,899,536 | 22 |
| Source(s): Forbes | |||
| 2021-22 | $630,000,000 | $730,892,989 | 22 |
| 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 | $860,000,000 | $923,758,114 | 20 |
| According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $900M. It was $875M according to Sportico. | |||
| Source(s): Forbes | |||
| 2023-24 | $1,150,000,000 | $1,186,609,780 | 18 |
| According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.25B. It was $1.17B according to Sportico. | |||
| Source(s): Forbes | |||
| 2024-25 | $1,650,000,000 | $1,650,000,000 | 19 |
| Source(s): CNBC | |||