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Description

Franchise value and ownership history

Franchise name/location history (most to least recent):
  • New York Islanders

Franchise Valuation and Ownership History
All amounts in US$ unless otherwise noted.
Season   Value
(US$)
In today's
US$
Hockey Franchise
Valuation Rank
1972-73 $11,000,000 $79,672,406
On November 1971, Roy Boe was awarded a NHL franchise for a $6M franchise fee and a $5M indemnity to the New York Rangers to place an expansion team in New York.
Source(s): American Sports Empire: How the Leagues Breed Success / The Sporting News
1991-92 $53,000,000 $117,877,230 10
Source(s): Financial World
1992-93 $55,000,000 $118,725,057 10
Source(s): Financial World
1993-94 $53,000,000 $111,129,032 13
Source(s): Financial World
1994-95 $53,000,000 $108,309,945 19
Source(s): Financial World
1995-96 $60,000,000 $119,267,620 19
Source(s): Financial World
1996-97 $165,000,000 $318,638,827 1
John Spanos purchased the team from John Pickett for $165M but Spano was eventually forced to relinquish the team to Pickett having misrepresented his net worth. (The franchise was valued at $74M by Financial World.)
Source(s): Book: We Want Fishsticks
1997-98 $195,000,000 $367,963,494 1
Steven Gluckstern purchased the team from John Pickett for $195M. According to the book American Sports Empire: How the Leagues Breed Success, the franchise was values at $111M.
Source(s): Book: We Want Fishsticks
1998-99 $111,000,000 $206,256,671 12
Source(s): Forbes
1999-00 $187,500,000 $340,939,789 5
In 2000, Charles Wang and Sanjay Kumar purchased the franchise from Howard Milstein and Steven Gluckstern for $187.5M. (It was valued at $142M by Forbes.)
Source(s): Forbes / The New York Times
2000-01 $139,000,000 $244,501,161 13
Source(s): Forbes
2001-02 $156,000,000 $266,857,175 12
Source(s): Forbes
2002-03 $156,000,000 $262,688,459 13
Source(s): Forbes
2003-04 $151,000,000 $248,629,593 12
Source(s): Forbes
2004-05 $160,000,000 $256,586,192 12
Source(s): Forbes
2006-07 $140,000,000 $210,357,657 24
Source(s): Forbes
2007-08 $150,000,000 $219,132,825 26
Source(s): Forbes
2008-09 $154,000,000 $216,658,616 29
Source(s): Forbes
2009-10 $149,000,000 $210,366,831 27
Source(s): Forbes
2010-11 $151,000,000 $209,749,152 26
Source(s): Forbes / Book: Sports Economics
2011-12 $149,000,000 $200,640,615 29
(The franchise was worth $155M according to the book Sports and Labor in the United States.)
Source(s): Forbes
2012-13 $155,000,000 $204,492,791 27
Source(s): Forbes
2013-14 $195,000,000 $253,543,527 26
Source(s): Forbes
2014-15 $300,000,000 $383,838,811 22
Source(s): Forbes
2015-16 $325,000,000 $415,334,149 22
Source(s): Forbes
2016-17 $385,000,000 $485,881,838 18
Source(s): Forbes
2017-18 $395,000,000 $488,109,905 22
Source(s): Forbes
2018-19 $440,000,000 $530,747,481 22
Source(s): Forbes
2019-20 $520,000,000 $616,083,861 18
Source(s): Forbes
2020-21 $520,000,000 $608,608,964 16
Source(s): Forbes
2021-22 $950,000,000 $1,061,826,568 10
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was between $800M and $899M.
Source(s): Forbes
2022-23 $1,020,000,000 $1,055,544,927 12
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1B. It was $920M according to Sportico.
Source(s): Forbes
2023-24 $1,550,000,000 $1,550,000,000 10
According to Graeme Roustan, in The Hockey News, the value of the franchise without the arena was $1.75B. It was $1.13B according to Sportico.
Source(s): Forbes