Sault Ste.Marie Greyhounds
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Sault Ste.Marie Greyhounds
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 |
1986-87 | $396,000 | $1,135,867 | |
Value in Canadian currency: $550,000. Phil Esposito and his partners purchased the franchise for C$ 550,000. | |||
Source(s): Book: Net Worth | |||
1989-90 | $845,000 | $2,143,002 | 2 |
Value in Canadian currency: $1,000,000. Before the season, Phil Esposito and his partners agreed to sell the franchise for C$ 1M to Detroit-based Compuware, which was planning to move the team. The City of Sault Ste. Marie, having the right of refusal, matched the offer and a group of local businessmen header by Dr. George Shunock became owners of the franchise. | |||
Source(s): Book: Net Worth / Sault This Week |