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Description

Franchise value and ownership history

Franchise name/location history (most to least recent):
  • Dallas Stars
  • Minnesota North Stars

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 as the Minnesota North Stars: $US 2M.
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
1989-90 $40,000,000 $94,442,204 1
Norm Green bought the Minnesota North Stars from Howard Baldwin and Morris Belzberg for $40M.
Source(s): Book: American Sports Empire: How the Leagues Breed Success
1993-94 $82,000,000 $166,145,646 1
Source(s): Book: La glorieuse histoire des Canadiens
1995-96 $84,000,000 $161,351,883 4
In December 1995, Thomas Hicks bought the Dallas Stars from Norman Green for $84M.
Source(s): Book: Power Plays / Book: Brian McFarlane's History of Hockey / Forbes
1998-99 $118,000,000 $211,880,253 11
Source(s): Forbes
1999-00 $149,000,000 $261,809,941 11
Source(s): Forbes
2000-01 $182,000,000 $309,357,724 9
Source(s): Forbes
2001-02 $207,000,000 $342,174,846 7
Source(s): Forbes
2002-03 $254,000,000 $413,307,761 4
Source(s): Forbes
2003-04 $270,000,000 $429,598,826 2
Source(s): Forbes
2004-05 $259,000,000 $401,362,241 4
Source(s): Forbes
2006-07 $248,000,000 $360,085,322 4
Source(s): Forbes
2007-08 $253,000,000 $357,157,808 6
Source(s): Forbes
2008-09 $273,000,000 $371,143,056 6
Source(s): Forbes
2009-10 $246,000,000 $335,621,329 8
Source(s): Forbes
2010-11 $227,000,000 $304,700,083 10
Source(s): Forbes / Book: Sports Economics
2011-12 $240,000,000 $312,296,612 10
In November 2011, Tom Gaglardi purchased the team out of bankruptcy at an auction for $240M. (According to Forbes, the franchise was worth $230M.)
Source(s): The Hockey News - Money & Power 2021
2012-13 $240,000,000 $305,971,514 13
Source(s): Forbes
2013-14 $333,000,000 $418,394,145 18
Source(s): Forbes
2014-15 $420,000,000 $519,278,533 15
Source(s): Forbes
2015-16 $450,000,000 $555,712,598 13
Source(s): Forbes
2016-17 $500,000,000 $609,766,260 12
Source(s): Forbes
2017-18 $515,000,000 $614,966,139 13
Source(s): Forbes
2018-19 $525,000,000 $611,952,929 14
Source(s): Forbes
2019-20 $600,000,000 $686,927,951 12
Source(s): Forbes
2020-21 $575,000,000 $650,318,779 12
Source(s): Forbes
2021-22 $720,000,000 $777,653,137 16
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 $925,000,000 $925,000,000 18
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.1B. It was $915M according to Sportico.
Source(s): Forbes