Carolina Hurricanes
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 | $187,948 | |
| 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 | $82,415,018 | |
| 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 / La Presse | |||
| 1991-92 | $49,000,000 | $113,118,437 | 12 |
| Source(s): Financial World | |||
| 1992-93 | $48,000,000 | $107,548,461 | 16 |
| Source(s): Financial World | |||
| 1993-94 | $47,500,000 | $103,378,098 | 19 |
| 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 | |||
| 1994-95 | $31,476,000 | $66,765,986 | 26 |
| Source(s): Financial World | |||
| 1995-96 | $40,000,000 | $82,530,516 | 26 |
| Source(s): Financial World | |||
| 1996-97 | $48,000,000 | $96,214,217 | 25 |
| Source(s): Financial World | |||
| 1998-99 | $80,000,000 | $154,297,282 | 24 |
| Source(s): Forbes | |||
| 1999-00 | $70,000,000 | $132,116,701 | 28 |
| Source(s): Forbes | |||
| 2000-01 | $79,000,000 | $144,236,934 | 29 |
| Source(s): Forbes | |||
| 2001-02 | $103,000,000 | $182,883,605 | 26 |
| Source(s): Forbes | |||
| 2002-03 | $128,000,000 | $223,722,482 | 21 |
| Source(s): Forbes | |||
| 2003-04 | $109,000,000 | $186,288,324 | 26 |
| Source(s): Forbes | |||
| 2004-05 | $100,000,000 | $166,454,892 | 29 |
| Source(s): Forbes | |||
| 2006-07 | $144,000,000 | $224,582,569 | 21 |
| Source(s): Forbes | |||
| 2007-08 | $155,000,000 | $235,034,243 | 22 |
| Source(s): Forbes | |||
| 2008-09 | $168,000,000 | $245,328,379 | 22 |
| Source(s): Forbes | |||
| 2009-10 | $177,000,000 | $259,386,595 | 20 |
| Source(s): Forbes | |||
| 2010-11 | $162,000,000 | $233,572,411 | 24 |
| Source(s): Forbes / Book: Sports Economics | |||
| 2011-12 | $169,000,000 | $236,212,323 | 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 | $221,842,415 | 26 |
| Source(s): Forbes | |||
| 2013-14 | $186,000,000 | $251,023,352 | 27 |
| Source(s): Forbes | |||
| 2014-15 | $220,000,000 | $292,168,624 | 28 |
| Source(s): Forbes | |||
| 2015-16 | $225,000,000 | $298,455,827 | 28 |
| Source(s): Forbes | |||
| 2016-17 | $230,000,000 | $301,287,446 | 30 |
| Source(s): Forbes | |||
| 2017-18 | $370,000,000 | $474,575,718 | 27 |
| Source(s): Forbes | |||
| 2018-19 | $420,000,000 | $525,857,194 | 26 |
| Source(s): Forbes | |||
| 2019-20 | $450,000,000 | $553,391,223 | 26 |
| Source(s): Forbes | |||
| 2020-21 | $440,000,000 | $534,528,594 | 24 |
| Source(s): Forbes | |||
| 2021-22 | $550,000,000 | $638,081,181 | 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 | $687,447,899 | 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 | |||
| 2023-24 | $825,000,000 | $851,263,538 | 28 |
| According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.1B. It was $980M according to Sportico. | |||
| Source(s): Forbes | |||
| 2024-25 | $1,300,000,000 | $1,300,000,000 | 27 |
| Source(s): CNBC | |||