Posted Jan 31, 2021, 3:32 PM
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Moderator
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Join Date: Mar 2012
Location: Ottawa
Posts: 27,604
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$2.5B is beyond ridiculous. It's not about the fans anymore. It's not even about making money at this point. This is just a new type of stock market, trying to overvalue franchises to make it look like the leagues are than what they can ever truly be.
The NHL is no better. $650 million expansion fee for Seattle is just about the average value of NHL teams. But that doesn't include actually building a brand, the arena or anything else. Seattle will likely have cost close to $2B to get off the ground when everything is said and done, three times the average value.
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