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Franchise value and ownership history

Franchise name/location history (most to least recent):
  • Cleveland Crusaders

Franchise Valuation and Ownership History
All amounts in US$ unless otherwise noted.
Season   Value
In today's
Hockey Franchise
Valuation Rank
1972-73 $25,000 $181,074
Nick Mileti bought the original WHA franchise for $25,000.
Source(s): Book: The Rebel League
1974-75 $1,274,510 $7,829,022
On March 4, 1975, Nick Mileti sold 51% of the team to Jay Moore for $650,000.
Source(s): Book: The NHL's Mistake by the Lake