Show me the money! Winnipeg Jets climb the Forbes list

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It’s that time of year when the list is released by Forbes of its NHL team valuations. It should come as no surprise that the Toronto Maple Leafs still hold down the top position. Hey Leafs fans, at least you can count on winning something each year. And their value actually climbed fifteen percent to $1.15 billion.

As for the Winnipeg Jets showing for 2013, a great increase in numbers of seventy percent to an estimated value of $340 million. Doing the math that seems like a pretty good ROI on the $170 million that True North Sports & Entertainment paid to relocate the Atlanta Thrashers. They moved themselves up four positions to end up in the sixteenth rank for 2013.

Overall the past year was good to the valuation of hockey clubs as each posted a positive change, however Tampa Bay Lightning grew just three percent to $180 million valuation; or just $5 million ahead of the Columbus Blue Jackets for last place. Leafs fans will attest that having a Stanley Cup, doesn’t guarantee a good valuation on the team.

Of course one of the more important things to note is the operating income. It’s estimated the Winnipeg Jets turned a healthy $6.3 million profit over the past year helping to further solidify the future of the franchise in Winnipeg. In fact, if the NHL were to relocate teams or expand, there’s a strong case for checking out Canada as that spot.

All I know is that I’m proud to be Canadian where our hockey teams thrive (at least in current years) and that our team will be around for many more. GO JETS GO!

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Marshall Stevenson regularly contributes to one of the best Winnipeg Jets blogs as an editor and co-founder while also working on JET FUEL – a documentary about Winnipeg Jets fans. Of course he's also behind the only official, unofficial Jets fan gear site. And as if he wasn't busy enough, a co-host on the popular Winnipeg Jets focused Jets Hockey Podcast.

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