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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 $76,989,479
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
1996-97 $165,000,000 $307,908,830 2
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.
Source(s): Book: We Want Fishsticks
1997-98 $195,000,000 $355,572,514 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 $199,311,085 12
Source(s): Forbes
1999-00 $187,500,000 $329,458,819 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 $236,267,712 13
Source(s): Forbes
2001-02 $156,000,000 $257,870,899 12
Source(s): Forbes
2002-03 $156,000,000 $253,842,562 13
Source(s): Forbes
2003-04 $151,000,000 $240,257,121 12
Source(s): Forbes
2004-05 $160,000,000 $247,945,786 12
Source(s): Forbes
2006-07 $140,000,000 $203,273,972 24
Source(s): Forbes
2007-08 $150,000,000 $211,753,641 26
Source(s): Forbes
2008-09 $154,000,000 $209,362,750 29
Source(s): Forbes
2009-10 $149,000,000 $203,282,838 27
Source(s): Forbes
2010-11 $151,000,000 $202,685,958 26
Source(s): Forbes / Book: Sports Economics
2011-12 $149,000,000 $193,884,147 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 $197,606,603 27
Source(s): Forbes
2013-14 $195,000,000 $245,005,580 26
Source(s): Forbes
2014-15 $300,000,000 $370,913,238 22
Source(s): Forbes
2015-16 $325,000,000 $401,347,988 22
Source(s): Forbes
2016-17 $385,000,000 $469,520,020 18
Source(s): Forbes
2017-18 $395,000,000 $471,673,058 22
Source(s): Forbes
2018-19 $440,000,000 $512,874,836 22
Source(s): Forbes
2019-20 $520,000,000 $595,337,558 18
Source(s): Forbes
2020-21 $520,000,000 $588,114,374 16
Source(s): Forbes
2021-22 $950,000,000 $1,026,070,111 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 $1,020,000,000 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