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Description

Franchise value and ownership history

Franchise name/location history (most to least recent):
  • Saginaw Spirit
  • North Bay Centennials
  • Niagara Falls Flyers
  • St. Catharines Black Hawks

Franchise Valuation and Ownership History
All amounts in US$ unless otherwise noted.
Season   Value
(US$)
In today's
US$
Hockey Franchise
Valuation Rank
1943-44 $9 $158
Value in Canadian currency: $10. Rudy Pilous, heading a group of six investors, paid a franchise fee of C $10 to the Ontario Hockey Association Junior A league for the new St. Catharines Falcons franchise.
Source(s): The Hockey Research Journal
1955-56 $0 $0
In January 1955, Jim Norris purchased the Buffalo Bisons (AHL) and the St. Catharines Teepees junior team for $US 150,000.
Source(s): The Hockey News
1976-77 $0 $0
The franchise was moved to Niagara Falls.
Source(s): The Hockey Research Journal
1982-83 $0 $0
Value in Canadian currency: $0. The franchise was moved to North Bay.
Source(s): The Hockey Research Journal
2002-03 $3,000,000 $5,051,701 31
The franchise was sold for $3M and moved to Saginaw as the Spirit.
Source(s): The Hockey Research Journal