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Description

Franchise value and ownership history

Franchise name/location history (most to least recent):
  • Jersey Devils
  • Philadelphia Ramblers

Franchise Valuation and Ownership History
All amounts in US$ unless otherwise noted.
Season   Value
(US$)
In today's
US$
Hockey Franchise
Valuation Rank
1966-67 $50,000 $484,438
In June 1967, the Eastern Hockey League franchise was to be solid to a group from West Palm Beach, FL, for $50,000 but the owners of the league vetoed the sale by a 5-4 ballot with two teams not voting. Established the value of the franchise to $50,000.
Source(s): The Hockey News