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. |
|||
| Season | Value (US$) |
In today's US$ |
Hockey Franchise Valuation Rank |
| 1967-68 | $2,000,000 | $17,547,962 | |
| 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 | $52,779,495 | |
| 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 | |||
| 1975-76 | $3,800,000 | $20,666,295 | |
| Albert Savill, Wren Blair and Otto Frenzel acquired the bankrupt franchise for $3.8M. | |||
| Source(s): The Sporting News | |||
| 1995-96 | $85,000,000 | $163,272,739 | 3 |
| The franchise was valued between $80M and $90M. | |||
| Source(s): Book: Beyond the Scoreboard | |||
| 1998-99 | $89,000,000 | $159,807,987 | 21 |
| The Penguins declared bankruptcy in November 1998. | |||
| Source(s): Forbes | |||
| 1999-00 | $99,000,000 | $173,954,256 | 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 | $224,369,338 | 17 |
| Source(s): Forbes | |||
| 2001-02 | $149,000,000 | $246,299,768 | 14 |
| Source(s): Forbes | |||
| 2002-03 | $137,000,000 | $222,925,839 | 18 |
| Source(s): Forbes | |||
| 2003-04 | $114,000,000 | $181,386,171 | 22 |
| Source(s): Forbes | |||
| 2004-05 | $101,000,000 | $156,515,777 | 28 |
| Source(s): Forbes | |||
| 2006-07 | $133,000,000 | $193,110,273 | 28 |
| Source(s): Forbes | |||
| 2007-08 | $155,000,000 | $218,812,096 | 22 |
| Source(s): Forbes | |||
| 2008-09 | $195,000,000 | $265,102,183 | 18 |
| Source(s): Forbes | |||
| 2009-10 | $222,000,000 | $302,877,785 | 11 |
| Source(s): Forbes | |||
| 2010-11 | $235,000,000 | $315,438,411 | 9 |
| Source(s): Forbes / Book: Sports Economics | |||
| 2011-12 | $264,000,000 | $343,526,274 | 9 |
| Source(s): Forbes | |||
| 2012-13 | $288,000,000 | $367,165,817 | 9 |
| Source(s): Forbes | |||
| 2013-14 | $480,000,000 | $603,090,659 | 8 |
| Source(s): Forbes | |||
| 2014-15 | $565,000,000 | $698,553,265 | 10 |
| Source(s): Forbes | |||
| 2015-16 | $560,000,000 | $691,553,455 | 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 | $695,133,536 | 11 |
| Source(s): Forbes | |||
| 2017-18 | $650,000,000 | $776,170,855 | 10 |
| Source(s): Forbes | |||
| 2018-19 | $650,000,000 | $757,656,007 | 11 |
| Source(s): Forbes | |||
| 2019-20 | $665,000,000 | $761,345,146 | 11 |
| Source(s): Forbes | |||
| 2020-21 | $650,000,000 | $735,142,968 | 11 |
| 2021-22 | $900,000,000 | $972,066,421 | 12 |
| On November 31, 2021, Fenway Sports Group purchased a constrolling stake of the Pittsburgh Penguins for $900M from Mario Lemieux and Ron Burkle who retain a minority stake. 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 | $990,000,000 | 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 | |||