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Forbes team valuations are out https://mail.chicagofanatics.com/viewtopic.php?f=93&t=83369 |
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Author: | Curious Hair [ Mon Nov 25, 2013 11:35 am ] |
Post subject: | Forbes team valuations are out |
http://www.forbes.com/sites/mikeozanian ... ble-teams/ http://www.forbes.com/nhl-valuations/list/ The Hawks are fourth in revenue and fifth overall, but not without a neat little sideswipe from the author: Quote: In short, we look at cash in versus cash out from those events that accrue to the team’s owner, which can cause our numbers to be different from what the teams report. For example, the Blackhawks claim to be losing money despite having won two of the last four Stanley Cups and playing in the third-biggest U.S. market. Team owner Rocky Wirtz might be able to truthfully make that claim because he parks certain arena revenue, like suites rentals, at a separate joint venture that owns the United Center. But since Wirtz owns 50% of the JV we give a proportional share of the JV’s revenue and expenses to the Blackhawks. Quote: Owner: Rocky Wirtz Championships: 5 Price Paid: $1 M Year Purchased: 1954 Revenue : $115 M Operating Income : $25.6 M Debt/Value : 0% Player Expenses : $43 M Gate Receipts : $51 M Wins-to-player cost ratio : 208 Revenue per Fan : $11 Metro Area Population: 9.6 M In 2013, the Blackhawks captured their second Stanley Cup in four years by beating the Boston Bruins in six games. The Blackhawks are among the most profitable teams in the NHL. The team has the eighth-highest non-premium average ticket price ($63) and Comcast SportsNet Chicago— the RSN is 20% owned by the Blackhawks—drew the third-highest average ratings (5.5) in the league last season. The Blackhawks own 50% of United Center JV, where it parks the luxury suite revenue earned from team games. Hm. |
Author: | KDdidit [ Mon Nov 25, 2013 11:41 am ] |
Post subject: | Re: Forbes team valuations are out |
Forgot NBC owned 20% of CSN. |
Author: | bigfan [ Mon Nov 25, 2013 11:45 am ] |
Post subject: | Re: Forbes team valuations are out |
Forgot that the Wirtzs own the liquor distributorship!!!!!!!!! This Hawks thing is like a Loss Leader! |
Author: | Curious Hair [ Tue Nov 26, 2013 8:13 am ] |
Post subject: | Re: Forbes team valuations are out |
The big Canadian TV deal is in: $5.2 billion from Rogers Communications, who will sublease games back out to the CBC for Hockey Night In Canada and to TVA for French-language telecasts. TSN/RDS is out as a national partner. NHL just got paid. |
Author: | pittmike [ Tue Nov 26, 2013 9:17 am ] |
Post subject: | Re: Forbes team valuations are out |
That contract can be a very big deal. |
Author: | Hatchetman [ Tue Nov 26, 2013 9:21 am ] |
Post subject: | Re: Forbes team valuations are out |
jeez, $115M ain't a hell of a lot of revenue. |
Author: | Curious Hair [ Tue Nov 26, 2013 12:03 pm ] |
Post subject: | Re: Forbes team valuations are out |
pittmike wrote: That contract can be a very big deal. It is a big deal. And now we see why Stan was so cavalier in handing out contracts. Hatchetman wrote: jeez, $115M ain't a hell of a lot of revenue. Forbes says the Bulls are bringing in $162MM. Like I said in the other thread, the big difference between the two is the national TV money. |
Author: | Minooka Meatball [ Tue Nov 26, 2013 6:43 pm ] |
Post subject: | Re: Forbes team valuations are out |
Hatchetman wrote: jeez, $115M ain't a hell of a lot of revenue. But the $25.6M income is a nice chunk of that revenue. |
Author: | Curious Hair [ Thu Nov 28, 2013 10:24 am ] |
Post subject: | Re: Forbes team valuations are out |
http://www.theglobeandmail.com/sports/h ... e15627506/ They're now forecasting a salary cap of $68MM for next year and over $75MM for 2016. The commensurate rise in the salary floor is going to seriously endanger some teams. |
Author: | pittmike [ Thu Nov 28, 2013 10:47 am ] |
Post subject: | Re: Forbes team valuations are out |
Yeah that new Canadian tv deal was gigantic. |
Author: | RFDC [ Thu Nov 28, 2013 12:20 pm ] |
Post subject: | Re: Forbes team valuations are out |
Curious Hair wrote: http://www.theglobeandmail.com/sports/hockey/globe-on-hockey/mirtle-how-the-nhls-salary-cap-will-jump-10-million-in-two-years/article15627506/ They're now forecasting a salary cap of $68MM for next year and over $75MM for 2016. The commensurate rise in the salary floor is going to seriously endanger some teams. Good news for the Blackhawks, correct? |
Author: | pittmike [ Thu Nov 28, 2013 12:45 pm ] |
Post subject: | Re: Forbes team valuations are out |
Yes they can now extend and keep everyone. |
Author: | spanky [ Thu Nov 28, 2013 7:26 pm ] |
Post subject: | Re: Forbes team valuations are out |
Yeah. But the Hawks "lose money" every year. |
Author: | Curious Hair [ Thu Nov 28, 2013 8:02 pm ] |
Post subject: | Re: Forbes team valuations are out |
For the purposes of tabulating hockey-related revenue, though, Rocky's shit doesn't work. The CBA has provisions to account for these shell games. Like luxury suites. There are two anchor tenants at the United Center, so 50% of that counts as hockey-related revenue. Montreal's only anchor tenant is the Habs, so 100% of that is hockey-related (though their arena is also crazy busy and it's not far-fetched to think you could buy a suite there for the concerts). It doesn't suppress the players' share -- we have the Coyotes and Blue Jackets for that -- it just gives them a reason to keep ratcheting ticket prices. |
Author: | Curious Hair [ Tue Dec 10, 2013 7:50 pm ] |
Post subject: | Re: Forbes team valuations are out |
Canadian media now reporting a $71.1MM cap for next season. |
Author: | Darkside [ Sun Dec 15, 2013 2:32 pm ] |
Post subject: | Re: Forbes team valuations are out |
Curious Hair wrote: Canadian media now reporting a $71.1MM cap for next season. Shit, that's only $47 million and a canoe in American Dollars. |
Author: | Curious Hair [ Sun Dec 15, 2013 3:27 pm ] |
Post subject: | Re: Forbes team valuations are out |
Yeah, "lol Canadian funds" stopped working when we blowed up our economy five years ago. |
Author: | Darkside [ Sun Dec 15, 2013 7:01 pm ] |
Post subject: | Re: Forbes team valuations are out |
Curious Hair wrote: Yeah, "lol Canadian funds" stopped working when we blowed up our economy five years ago. you know what I think it's funny. SO there. |
Author: | Curious Hair [ Sun Dec 15, 2013 8:19 pm ] |
Post subject: | Re: Forbes team valuations are out |
Oh, and NHL expenditures are all in American dollars anyway, whether revenues are Canadian or American. That's what killed the Nordiques/Jets back when the Canadian dollar was worth $.65USD. |
Author: | Jaw Breaker [ Tue Jan 07, 2014 4:50 pm ] |
Post subject: | Re: Forbes team valuations are out |
Surprised (or maybe not) to see that NHL attendance is higher than NBA attendance this year. |
Author: | Curious Hair [ Tue Jan 07, 2014 4:55 pm ] |
Post subject: | Re: Forbes team valuations are out |
Doesn't surprise me. Across the board, the NHL is giving people a better live experience than the NBA is. The NHL also has more inelastic markets than the NBA does. |
Author: | Curious Hair [ Mon Jan 27, 2014 4:27 pm ] |
Post subject: | Re: Forbes team valuations are out |
Interesting stuff on the NHL from Sports Media Watch regarding demographics: Quote: Kids 2-17 made up between 11% and 14% of the audience for each NBA Finals game, ahead of the other events examined. The demo made up just 5-6% of the audience for each World Series game, lagging behind the Final Four (7-8%), the BCS (8-10%), and the Stanley Cup Final (9-11%). . . . The Stanley Cup Final led the way in viewer affluence ($73K-$84K), with the two games on NBCSN topping $80,000. The Stanley Cup Final, which was the youngest skewing event outside of the NBA Finals, would seem to have the mix of youth and affluence that advertisers crave — if only it could get larger numbers overall. It is telling, for example, that while adults 18-34 made up a larger proportion of the audience for the Stanley Cup Final, the old-skewing World Series still attracted more viewers in the demo. Quote: It should be no surprise that men watch sports in greater numbers than do women. However, when examining some of the highest-profile sporting events of 2013, women consistently made up more than a third of the audience. Female viewers made up between 37% and 40% of the audience for the NBA Finals, with 10.6 million tuning into Game 7 — 40% of the total audience (26.3M). For the World Series, female viewers were 39-41% of the audience, topped by 7.9 million for Game 6 — 41% of the total (19.2M). Women made up similar proportions of the audience for the Stanley Cup Final (between 36 and 42%), NCAA Tournament Final Four (38-39%), Bowl Championship Series (33-36%), and WNBA Finals (34-40%). Of the events analyzed, tennis’ U.S. Open singles finals had the largest percentage of female viewers. Women made up 48% of the audience for the women’s final and 49% of the audience for the men’s final. Game 4 of the Stanley Cup Final ranked third (42%), followed by Game 6 of the World Series (41%). Quote: The Stanley Cup Final was an especially weak performer among minority viewers. African Americans made up between 1% and 5% of the audience for each game, Hispanics made up between 2% and 6%, and Asian viewers made up between 3% and 4%. Overall, the demographics made up just 6-13% of the audience for each game, making the Stanley Cup Final easily the least diverse sporting event examined. Upshot: Quote: The NHL may not have the numbers of the other leagues, but it skewed younger than every event but the NBA and had the most affluent audience of the events examined. Advertisers thirst for young audiences with disposable income, and the NHL would be in great shape if it could attract more viewers. One problem — 2013 was an unusually good year for the league, and the numbers may drop back to Earth this season. Another problem — the Stanley Cup Final had the least diversity of any event examined. Interesting stuff that paints a promising, albeit flawed, picture of the NHL. I don't have anything empirical on this, but I have noticed that among girls who identify as hockey fans, it's a much more genuine fandom than the "teehee just one of the boyz!!" you get with the NFL. Not that there aren't legit female fans of the NFL, and not that puck bunnies don't exist, but just some anecdotal observations here. Locally, it's no secret that there are lots of female fans. Too bad they're all sluts who deserve to get knocked up and not know who the dad is, right, Matt Abbatacola? As for the race thing, I don't know how much you're ever going to penetrate that market. I think a lot of that has to be done on the team level, not the league level. The Blackhawks are practically sitting on a gold mine here. That NHL fans are more affluent and tech-savvier than average is something we've known for some time. I think that helps to explain why the NHL has always had a policy of benign neglect with youtube where baseball has only recently given up on trying to stomp it out at every turn. Fostering that online presence can't hurt. Ultimately, I think the NHL has a very high ceiling for interest, but only in the cities where it's played, and even then, only the ones with hockey traditions. I don't think we've hit the ceiling here, or in New York, or in any city that isn't Toronto/Montreal. You're never going to get true national interest, but if you concentrate on maxing out interest in places like Chicago, Boston, Philadelphia, and Minnesota, from there you can still have a very advertiser-friendly product. EDIT: Speaking of Montreal, just saw that they're going to make $68 million a year from RDS for 60 French-language local telecasts. The other 22 are part of the national contract. That's a lot of money for 75% of a schedule and only the French audience. |
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