Detroit Red Wings
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Detroit Red Wings
- Detroit Falcons
- Detroit Cougars
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 |
1926-27 | $50,000 | $855,650 | |
Prior to the season, Lester and Frank Patrick sold the Victoria Cougars to the Townsend-Seyburn group for $50,000, originally called the Detroit Cougars. (It was sold for $100,000 according to the book So You Think You're a Detroit Red Wings Fan? / It was sold for $250,000 according to the book New York Rangers - Greatest Moments and Players) | |||
Source(s): Book: Deceptions and Doublecross | |||
1932-33 | $100,000 | $2,219,048 | |
The Olympia in Detroit went into receivership and Arthur Wirtz and James Norris took it over for $2.5M and landed the Detroit Red Wings franchise in the deal for another $100,000. | |||
Source(s): Book: The Devil and Bobby Hull | |||
1982-83 | $8,000,000 | $25,110,881 | |
In June 1982, Mike Illitch purchased the team from the Norris family for $8M (the whole transaction was $10M for the Detroit Red Wings (NHL), Adirondack Red Wings (AHL) and Kalamazoo Wings (IHL)). (According to the book Brian McFalane's History of Hockey, it was $9M and according to the book La glorieuse histoire des Canadiens, it was for $7M.) | |||
Source(s): Book: Icing on the Plains / The Sporting News / The Hockey News / Book: The Russian Five / Book: So You Think You're a Detroit Red Wings Fan? / Forbes / La Presse | |||
1991-92 | $70,000,000 | $155,686,908 | 1 |
Source(s): Financial World | |||
1992-93 | $87,000,000 | $187,801,454 | 1 |
Source(s): Financial World | |||
1993-94 | $104,000,000 | $218,064,516 | 1 |
Source(s): Financial World | |||
1994-95 | $124,000,000 | $253,404,399 | 1 |
Source(s): Financial World | |||
1995-96 | $126,000,000 | $250,462,003 | 1 |
Source(s): Financial World | |||
1996-97 | $146,000,000 | $281,947,083 | 4 |
Source(s): Financial World | |||
1998-99 | $184,000,000 | $341,902,951 | 4 |
Source(s): Forbes | |||
1999-00 | $194,000,000 | $352,759,035 | 4 |
Source(s): Forbes | |||
2000-01 | $218,000,000 | $383,462,253 | 3 |
Source(s): Forbes | |||
2001-02 | $225,000,000 | $384,890,156 | 5 |
Source(s): Forbes | |||
2002-03 | $266,000,000 | $447,917,501 | 1 |
Source(s): Forbes | |||
2003-04 | $245,000,000 | $403,405,632 | 5 |
Source(s): Forbes | |||
2004-05 | $248,000,000 | $397,708,598 | 5 |
Source(s): Forbes | |||
2006-07 | $258,000,000 | $387,659,110 | 3 |
Source(s): Forbes | |||
2007-08 | $295,000,000 | $430,961,223 | 3 |
Source(s): Forbes | |||
2008-09 | $303,000,000 | $426,282,861 | 4 |
Source(s): Forbes | |||
2009-10 | $337,000,000 | $475,796,122 | 4 |
Source(s): Forbes | |||
2010-11 | $315,000,000 | $437,556,177 | 4 |
Source(s): Forbes / Book: Sports Economics | |||
2011-12 | $336,000,000 | $452,451,320 | 4 |
Source(s): Forbes | |||
2012-13 | $346,000,000 | $456,480,683 | 6 |
Source(s): Forbes | |||
2013-14 | $470,000,000 | $611,104,911 | 9 |
Source(s): Forbes | |||
2014-15 | $570,000,000 | $729,293,740 | 9 |
Source(s): Forbes | |||
2015-16 | $600,000,000 | $766,770,737 | 8 |
Source(s): Forbes | |||
2016-17 | $625,000,000 | $788,769,218 | 8 |
Source(s): Forbes | |||
2017-18 | $700,000,000 | $865,004,896 | 9 |
Source(s): Forbes | |||
2018-19 | $775,000,000 | $934,839,313 | 8 |
Source(s): Forbes | |||
2019-20 | $800,000,000 | $947,821,325 | 8 |
Source(s): Forbes | |||
2020-21 | $775,000,000 | $907,061,437 | 8 |
Source(s): Forbes | |||
2021-22 | $990,000,000 | $1,106,535,055 | 9 |
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was between $1.5B and $2B. | |||
Source(s): Forbes | |||
2022-23 | $1,030,000,000 | $1,065,893,406 | 11 |
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.8B. It was $1.12B according to Sportico. | |||
Source(s): Forbes | |||
2023-24 | $1,200,000,000 | $1,200,000,000 | 15 |
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.75B. It was $1.37B according to Sportico. | |||
Source(s): Forbes |