Calgary Hitmen
Description
Franchise value and ownership history
Franchise name/location history (most to least recent):- Calgary Hitmen
| 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 |
| 1995-96 | $619,650 | $1,310,626 | 27 |
| Value in Canadian currency: $850,000. A group of 16 minority partners (including Theoren Fleury and Joe Sakic) joined founding partner Graham James in investing $C 650,000 for franchise plus $C 200,000 start-up costs over 2 years. | |||
| Source(s): Book: Playing with Fire | |||
| 1997-98 | $866,400 | $1,739,601 | 6 |
| Value in Canadian currency: $1,200,000. In June 1997, the group of partners sold the team to the Calgary Flames for $C 1.2M. | |||
| Source(s): Book: Playing with Fire | |||