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The average NHL team is worth$ 1.79 billion, up 37 %. NHL inside Kevin Weekes joined Sportico to delve into what’s driving the team’s growth.
Sportico
On Wednesday, Sportico released its 2024 NHL group valuations that showed how investors now view the game. The average team is now worth$ 1.79 billion, up 37 % from a year ago and 77 % versus 2022.
The NHL now has new ownership for its two biggest franchises ( Arizona and Ottawa ), arenas are packed for games and concerts, and the next Canadian TV deal is anticipated to be worth more than twice as much as the current deal, or even triple, if things go right.
Kevin Weekes, an insider for NHL, recently left Sportico to start a sports business. Weekes has played hockey for three years since he was chosen in the 1993 NHL Draft’s next round.
He retired in 2009 after an 11-season NHL job as a keeper and quickly moved into television. Weekes was hired by ESPN in 2021, and he also works for TSN and the NHL Network. He has been a jack-of-all-trades, working in the workshop and as a shade researcher, doing person conversations and breaking information. This time, Weekes launched Speekes, a consultancy company with his family Megan that advises on advertising strategy and connections.
Weekes was born in Toronto, and his hometown Maple Leafs lead the NHL valuations for the fourth straight year at a$ 3.66 billion valuation, followed by the New York Rangers ($ 3.25 billion ), Montreal Canadiens ($ 2.93 billion ), Boston Bruins ($ 2.67 billion ) and Los Angeles Kings ($ 2.5 billion ). Weekes stocks his views on the team’s progress and businesses in Toronto, Edmonton, Nashville, Tampa and Ottawa.
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