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Description

Franchise value and ownership history

Franchise name/location history (most to least recent):
  • Syracuse Eagles
  • Jacksonville Barons
  • Cleveland Barons (AHL)
  • Cleveland Falcons

Franchise Valuation and Ownership History
All amounts in US$ unless otherwise noted.
Season   Value
(US$)
In today's
US$
Hockey Franchise
Valuation Rank
1968-69 $500,000 $4,633,410
Paul Bright sold the Cleveland Barons, of the AHL, to Nick Mileti (51%) and the Kettering Group (49%) for $500,000.
Source(s): The Hockey News
1973-74 $250,000 $1,814,752
In April 1974, Bill Charles purchased the Jacksonville Barons, of the American Hockey League, from Nick Mileti for a reported $250,000. He moved the franchise that became the Syracuse Eagles.
Source(s): The Hockey News
1974-75 $0 $0
The Syracuse Eagles folded after the 1974-75 season.
Source(s): HockeyZonePlus