Michigan Stags
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Michigan Stags
- Los Angeles Sharks
| 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 |
| 1972-73 | $25,000 | $174,976 | |
| Gary Davidson bought the original WHA franchise for $25,000. It was originally supposed to be in San Francisco but ended up being the Los Angeles Sharks. | |||
| Source(s): Book: The Rebel League | |||
| 1974-75 | $2,500,000 | $14,839,789 | |
| Charles Nolton and Peter Shanega bought the Los Angeles Sharks for $2.5M and move them to Detroit as the Michigan Stags. (According to The Sporting News, it was for $2M plus outshanding bills in the low six fugures.) | |||
| Source(s): Book: Les Nordiques | |||