Quote:
Originally Posted by Oilkountry
and is 500M that bad? The dallas stars are the 15th most valuable NHL team at 420M 11 teams are worth over 500k. So you almost instantly recoup your costs in equity and anything you make at the seasons end is ROI. When/if you sell the team you get your original investment back.
According to forbes the Jets are already worth 358M 5 years later. So lets say Quebec pays 300M for an NHL team they basically gain 50Mish right off the hop in equity and the value of NHL clubs is constantly rising. I don't think 500M although a high number is that out of the question when you would be paying 500M for the Washington capitals today.
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The declining Canadian dollar will likely take a bite out of Canadian team values. It's partially what led to the demise of versions 1 of the Jets and Nordiques (and also threatened the existence all other Canadian teams except Toronto and Montreal). I think they are in a better position to weather that storm now, but it will still have a negative impact.