Pittsburgh Penguins
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Pittsburgh Penguins
| 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 |
| 1967-68 | $2,000,000 | $19,322,542 | |
| Franchise fee to join the NHL: $US 2M. (Was $2.5M according to La Presse.) | |||
| Source(s): Book: Power Plays / Book: The Lively World of Hockey / Inside Hockey 1969-70 / Book: The California Golden Seals / Podcast: 50 Years Ago in Hockey / Book: Changing the Game | |||
| 1970-71 | $7,000,000 | $58,116,950 | |
| A group of businessmen led by Thayer Potter, Elmore Keener, A.H. Burchfield and Peter Block bought the franchise for $7M. | |||
| Source(s): Book: Brian McFarlane History of Hockey / The Sporting News / La Presse / The Hockey News | |||
| 1975-76 | $3,800,000 | $22,756,224 | |
| Albert Savill, Wren Blair and Otto Frenzel acquired the bankrupt franchise for $3.8M. | |||
| Source(s): The Sporting News / The Hockey News | |||
| 1986-87 | $10,000,000 | $29,404,251 | |
| The franchise was worth between US $10M and $15M. | |||
| Source(s): Fortune | |||
| 1991-92 | $41,000,000 | $97,028,416 | 15 |
| Source(s): Financial World | |||
| 1992-93 | $53,000,000 | $121,735,319 | 11 |
| Source(s): Financial World | |||
| 1993-94 | $62,000,000 | $138,326,180 | 10 |
| Source(s): Financial World | |||
| 1994-95 | $75,000,000 | $163,085,279 | 11 |
| Source(s): Financial World | |||
| 1995-96 | $76,000,000 | $160,748,130 | 13 |
| (Accoring to the Book: Beyond the Scoreboard, the franchise was valued between $80M and $90M.) | |||
| Source(s): Financial World | |||
| 1996-97 | $96,000,000 | $197,263,628 | 10 |
| Source(s): Financial World | |||
| 1998-99 | $89,000,000 | $175,968,959 | 21 |
| The Penguins declared bankruptcy in November 1998. | |||
| Source(s): Forbes | |||
| 1999-00 | $99,000,000 | $191,545,804 | 20 |
| Mario Lemieux purchased the franchise with a package worth $99M (The franchise was values at $100M by Forbes.) | |||
| Source(s): Forbes | |||
| 2000-01 | $132,000,000 | $247,059,233 | 17 |
| Source(s): Forbes | |||
| 2001-02 | $149,000,000 | $271,207,432 | 14 |
| Source(s): Forbes | |||
| 2002-03 | $137,000,000 | $245,469,758 | 18 |
| Source(s): Forbes | |||
| 2003-04 | $114,000,000 | $199,729,289 | 22 |
| Source(s): Forbes | |||
| 2004-05 | $101,000,000 | $172,343,816 | 28 |
| Source(s): Forbes | |||
| 2006-07 | $133,000,000 | $212,639,020 | 28 |
| Source(s): Forbes | |||
| 2007-08 | $155,000,000 | $240,940,002 | 22 |
| Source(s): Forbes | |||
| 2008-09 | $195,000,000 | $291,911,287 | 18 |
| Source(s): Forbes | |||
| 2009-10 | $222,000,000 | $333,507,038 | 11 |
| Source(s): Forbes | |||
| 2010-11 | $235,000,000 | $347,337,889 | 9 |
| Source(s): Forbes / Book: Sports Economics | |||
| 2011-12 | $264,000,000 | $378,266,204 | 9 |
| Source(s): Forbes | |||
| 2012-13 | $288,000,000 | $404,296,354 | 9 |
| Source(s): Forbes | |||
| 2013-14 | $480,000,000 | $664,079,670 | 8 |
| Source(s): Forbes | |||
| 2014-15 | $565,000,000 | $769,196,165 | 10 |
| Source(s): Forbes | |||
| 2015-16 | $560,000,000 | $761,488,482 | 11 |
| The value was $750M according to the book The rise of the Pittsburgh Penguins 2009-2018. | |||
| Source(s): Forbes | |||
| 2016-17 | $570,000,000 | $765,430,607 | 11 |
| Source(s): Forbes | |||
| 2017-18 | $650,000,000 | $854,663,022 | 10 |
| Source(s): Forbes | |||
| 2018-19 | $650,000,000 | $834,275,815 | 11 |
| Source(s): Forbes | |||
| 2019-20 | $665,000,000 | $838,338,027 | 11 |
| Source(s): Forbes | |||
| 2020-21 | $650,000,000 | $809,486,090 | 11 |
| 2021-22 | $900,000,000 | $1,070,369,004 | 12 |
| On November 31, 2021, Fenway Sports Group purchased a controlling stake of the Pittsburgh Penguins for $900M from Mario Lemieux and Ron Burkle who retained a minority stake (It was for $875M according to CNBC). According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was between $900M and $999M. | |||
| Source(s): Forbes | |||
| 2022-23 | $990,000,000 | $1,090,116,160 | 15 |
| According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1B. It was $900M according to Sportico. | |||
| Source(s): Forbes | |||
| 2023-24 | $1,175,000,000 | $1,242,870,036 | 17 |
| According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.5B. It was $1.07B according to Sportico. | |||
| Source(s): Forbes | |||
| 2024-25 | $1,750,000,000 | $1,797,975,773 | 17 |
| It was $1.47B according to Sportico. | |||
| Source(s): Forbes / Graeme Roustan, in The Hockey News / CNBC | |||
| 2025-26 | $1,700,000,000 | $1,700,000,000 | 23 |
| Source(s): Sportico | |||