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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 $18,848,921
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 $101,443,898 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
1991-92 $34,000,000 $78,490,344 20
Source(s): Financial World
1992-93 $42,000,000 $94,104,903 22
Source(s): Financial World
1993-94 $46,000,000 $100,113,526 21
The franchise was worth $82M according to Book: La glorieuse histoire des Canadiens.
Source(s): Financial World
1994-95 $50,000,000 $106,058,562 20
Source(s): Financial World
1995-96 $84,000,000 $173,314,083 11
In December 1995, Thomas Hicks bought the Dallas Stars from Norman Green for $84M. (The franchise was valued at $53M by Financial World.)
Source(s): Book: Power Plays / Book: Brian McFarlane's History of Hockey / Forbes
1996-97 $63,000,000 $126,281,160 23
Source(s): Financial World
1998-99 $118,000,000 $227,588,492 11
Source(s): Forbes
1999-00 $149,000,000 $281,219,834 11
Source(s): Forbes
2000-01 $182,000,000 $332,292,683 9
Source(s): Forbes
2001-02 $207,000,000 $367,542,780 7
Source(s): Forbes
2002-03 $254,000,000 $443,949,300 4
Source(s): Forbes
2003-04 $270,000,000 $461,448,141 2
Source(s): Forbes
2004-05 $259,000,000 $431,118,170 4
Source(s): Forbes
2006-07 $248,000,000 $386,781,090 4
Source(s): Forbes
2007-08 $253,000,000 $383,636,539 6
Source(s): Forbes
2008-09 $273,000,000 $398,658,616 6
Source(s): Forbes
2009-10 $246,000,000 $360,503,403 8
Source(s): Forbes
2010-11 $227,000,000 $327,289,737 10
Source(s): Forbes / Book: Sports Economics
2011-12 $240,000,000 $335,449,453 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 / CNBC
2012-13 $240,000,000 $328,655,429 13
Source(s): Forbes
2013-14 $333,000,000 $449,412,775 18
Source(s): Forbes
2014-15 $420,000,000 $557,776,464 15
Source(s): Forbes
2015-16 $450,000,000 $596,911,653 13
Source(s): Forbes
2016-17 $500,000,000 $654,972,709 12
Source(s): Forbes
2017-18 $515,000,000 $660,558,094 13
Source(s): Forbes
2018-19 $525,000,000 $657,321,493 14
Source(s): Forbes
2019-20 $600,000,000 $737,854,964 13
Source(s): Forbes
2020-21 $575,000,000 $698,531,685 12
Source(s): Forbes
2021-22 $720,000,000 $835,306,273 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 $993,577,041 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
2023-24 $1,080,000,000 $1,114,381,359 21
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.25B. It was $1.11B according to Sportico.
Source(s): Forbes
2024-25 $1,900,000,000 $1,900,000,000 13
Source(s): CNBC