Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Anonymous
Anonymous asked in SportsHockey · 2 months ago

How much is it to own an NHL team?

3 Answers

Relevance
  • 2 months ago

    Between $285 million and $1.65 billion depending on the team.

  • The average price, based on a Forbes article posted in early December, puts the average price at around $653mm (all figures US) which is a decline of around 2% from 2019 due to COVID-impacted revenues.  As far as buying a new franchise, Seattle's group paid $650 million to become the 32nd NHL franchise (that money gets split among the existing other owners).

  • Anonymous
    2 months ago

    Depends on the team. Are you looking for full ownership or partial?

Still have questions? Get your answers by asking now.