Cleveland Barons
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Cleveland Barons
- California Golden Seals
- Oakland Seals
- California Seals
| 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 |
| 1967-68 | $2,000,000 | $18,159,472 | |
| Franchise fee to join the NHL as the Oakland Seals: $US 2M. | |||
| Source(s): Book: Power Plays / Book: The Lively World of Hockey / Inside Hockey 1969-70 / Book: The California Golden Seals / Podcast: 50 Years Ago in Hockey / Book: Changing the Game | |||
| 1969-70 | $3,900,000 | $32,205,834 | |
| Trans-National Communications, Inc. bought the franchise for $US 3.9M from Barry Van Gerbig. (It was bought for $4.5M according to The Sporting News.) | |||
| Source(s): Hockey Pictorial Magazine | |||
| 1970-71 | $4,500,000 | $35,112,056 | |
| Charles O. Finley purchased the franchise for $4.5M from Trans-National Communications, Inc. and renamed them the California Golden Seals. | |||
| Source(s): Face Off Hockey Yearbook 1971 / Book: Brian McFarlane's History of Hockey / The Sporting News | |||
| 1973-74 | $6,500,000 | $44,343,468 | |
| In January 1973, the NHL purchased the team from Charles O. Finley for $6.5M to operate it until a new suitable owner was found. | |||
| Source(s): The Sporting News / La Presse | |||
| 1975-76 | $6,500,000 | $36,582,126 | |
| Mel Swig bought the Oakland Golden Seals from the NHL for $6.5M. | |||
| Source(s): Book: The NHL's Mistake by the Lake | |||
| 1977-78 | $6,000,000 | $29,985,151 | |
| Prior to the season, a group headed by George Gund III bought the Barons from Mel Swig for $6M. ($5.3M according to the book Brian McFarlane's History of Hockey) | |||
| Source(s): The Hockey News 1978 Yearbook | |||