The Canadiens have gained another 10% in value in one year

Dose
Crédit: MONTREAL, QC - NOVEMBER 29: Montreal Canadiens owner and president Geoff Molson listens to a question from the media on November 29, 2021 at Bell Sports Complex in Brossard, QC (Photo by David Kirouac/Icon Sportswire via Getty Images)

As is often the case, the value of NHL franchises has been revealed publicly.

CNBC has managed to compile the data and we see that, once again, the Canadiens are the third most valuable franchise in the NHL.

The Maple Leafs, Rangers and Canadiens are in the top-3. The Habs are worth $3.4 billion and have (again) increased in value.

The Canadiens’ revenues are estimated at $324 million (good for fourth place in the NHL) and earnings before interest, taxes, depreciation and amortization are valued at $112 million.

Nothing less.

The club is growing in value and the revenues are there. Geoff Molson, who sees his team improving year on year, must theoretically have plenty of reasons to smile.

The new TV contract also helps the Habs’ cause.

But there is something to note. When we look at the percentage increase in team value, we see that the Habs are among the worst performers.

Here are the rankings in reverse:

  • Penguins: 0% increase
  • Islanders: 3% increase
  • Blackhawks: 6% increase
  • Maple Leafs, Stars, Lightning: 8% increase
  • Rangers: 9% increase
  • Canadiens, Blues, Predators, Kraken: 10%

It’s important to note, however, that a club worth this much can’t really increase in value by 40% or 53% in one year. And these aren’t random numbers just to prove my point. The Blue Jackets and Hurricanes have increased in value by 40% and 53% respectively.

In short, Geoff Molson’s business seems to be doing well, when you look at the numbers.

overtime

– Good news.

– Of note.

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– Interesting.