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Description

Franchise value and ownership history

Franchise name/location history (most to least recent):
  • Rimouski Oceanic
  • St. Jean Lynx
  • St. Jean Castors
  • Sherbrooke Castors

Franchise Valuation and Ownership History
All amounts in US$ unless otherwise noted.
Season   Value
(US$)
In today's
US$
Hockey Franchise
Valuation Rank
1980-81 $128,250 $501,577
Value in Canadian currency: $150,000. The president of the Sherbrooke Castors franchise was quoted as saying that the franchise could be sold for $150,000.
Source(s): La Presse
1982-83 $162,200 $541,731
Value in Canadian currency: $200,000. Prior to the season, a group represented by Serge Demers purchased the Sherbrooke Castors and move the team to St. Jean as the St. Jean Castors.
Source(s): La Presse
1988-89 $268,290 $731,184
Value in Canadian currency: $330,000. In April 1989, the 12 owners of the St. Jean Castors, in the QMJHL, sold the franchise to Jean-Claude Babin for C $330,000.
Source(s): The Hockey News