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Description

Franchise value and ownership history

Franchise name/location history (most to least recent):
  • Carolina Hurricanes
  • Hartford Whalers
  • New England Whalers

Franchise Valuation and Ownership History
All amounts in US$ unless otherwise noted.
Season   Value
(US$)
In today's
US$
Hockey Franchise
Valuation Rank
1972-73 $25,000 $174,976
Howard Baldwin, W. Godfrey Wood, John Coburn and William Edward Barnes bought the original WHA franchise for $25,000 to play in Boston as the New England Whalers.
Source(s): Book: Slim and None
1974-75 $0 $0
In January 1975, the WHA team moved to Hartford, retaining the name of New England Whalers.
Source(s): HockeyZonePlus
1979-80 $0 $0
Prior to the season, as the WHA folded, paid $US 6M as entry rights to the NHL to join the league. The team was renamed, from the New England Whalers, the Hartford Whalers.
Source(s): Book: Les Nordiques / Book: Slim and None
1988-89 $31,000,000 $76,726,704
On June 28, 1988, Donald Conrad and Richard Gordon bought the NHL's Hartford Whalers for $31M. (It was sold for $33M according to the Book Slim and None)
Source(s): Book: The Whalers / The Hockey News 1989 Yearbook / NY Times / Book: Brian McFarlane's History of Hockey / Book: American Sports Empire: How the Leagues Breed Success
1993-94 $47,500,000 $96,242,905 3
In June 1994, Peter Karmanos and Thomas Thewes purchased the NHL's Hartford Whalers from Lowell Weicker for $47.5M.
Source(s): Hartford Courant / Book: The Whalers / Forbes
1998-99 $80,000,000 $143,647,629 24
Source(s): Forbes
1999-00 $70,000,000 $122,997,959 28
Source(s): Forbes
2000-01 $79,000,000 $134,281,649 29
Source(s): Forbes
2001-02 $103,000,000 $170,260,914 26
Source(s): Forbes
2002-03 $128,000,000 $208,281,076 21
Source(s): Forbes
2003-04 $109,000,000 $173,430,637 26
Source(s): Forbes
2004-05 $100,000,000 $154,966,116 29
Source(s): Forbes
2006-07 $144,000,000 $209,081,800 21
Source(s): Forbes
2007-08 $155,000,000 $218,812,096 22
Source(s): Forbes
2008-09 $168,000,000 $228,395,727 22
Source(s): Forbes
2009-10 $177,000,000 $241,483,639 20
Source(s): Forbes
2010-11 $162,000,000 $217,451,160 24
Source(s): Forbes / Book: Sports Economics
2011-12 $169,000,000 $219,908,865 23
(The franchise was worth $162M according to the book Sports and Labor in the United States.)
Source(s): Forbes
2012-13 $162,000,000 $206,530,772 26
Source(s): Forbes
2013-14 $186,000,000 $233,697,630 27
Source(s): Forbes
2014-15 $220,000,000 $272,003,041 28
Source(s): Forbes
2015-16 $225,000,000 $277,856,299 28
Source(s): Forbes
2016-17 $230,000,000 $280,492,479 30
Source(s): Forbes
2017-18 $370,000,000 $441,820,333 27
Source(s): Forbes
2018-19 $420,000,000 $489,562,343 26
Source(s): Forbes
2019-20 $450,000,000 $515,195,963 25
Source(s): Forbes
2020-21 $440,000,000 $497,635,240 24
Source(s): Forbes
2021-22 $550,000,000 $594,040,590 27
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was between $650M and $699M.
Source(s): Forbes
2022-23 $640,000,000 $640,000,000 28
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $800M. It was $615M according to Sportico.
Source(s): Forbes