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SJHN Daily: Sharks Are 26th-Most Valuable NHL Franchise

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Credit: Martin Gillet (CC BY-NC-SA 2.0)

The San Jose Sharks is the 26th-most valuable franchise in the NHL, dropping two spots from last year.

According to Sportico, the Sharks are worth $755 million dollars. The club’s value increased 7 percent from last year. Despite that growth, the team’s value is still well under the $1.01-billion NHL average.

The Toronto Maple Leafs headline Sportico’s list, valued at $2.12 billion. The top-five franchises are all from the Original 6, including the Leafs, New York Rangers, Montreal Canadiens, Chicago Blackhawks, and Boston Bruins. Luckily for the NHL, the bottom-four franchises — the Arizona Coyotes, Florida Panthers, Carolina Hurricanes, and Columbus Blue Jackets — all saw at least 13 percent growth in value from last year.

Per Sportico, the Sharks generated $145 million in revenue last season, considerably better than the $59 million they earned in 2020-21, which was heavily impacted by capacity restrictions and the shortened season.

As sports franchises are assets with very limited supply, Sportico believes their continued growth is almost certain for owners. San Jose Sharks’ principal owner Hasso Plattner is likely very happy with the growth seen throughout the NHL and in his team.

AT SAN JOSE HOCKEY NOW…

An ex-NHL Head Coach shares his thoughts on the San Jose Sharks’ last-minute breakdown against the Tampa Bay Lightning.

Erik Karlsson continues to amaze us with his fantastic start to the season.

Timo Meier and Logan Couture not worried about current rumors surrounding the team.

Recent first-round pick Ozzy Wiesblatt has struggled to impress in the San Jose Sharks’ minor league system.

IN OTHER SHARKS NEWS…

Sharks continue to stay focused despite trade speculation.

California hockey teams receive great grades on their reverse retro jerseys.

Sharks wish a happy 26th birthday to recently-signed forward Evgeny Svechnikov!

AROUND THE NHL…

19 year-old Wyatt Johnston will stay put with the Dallas Stars.

Trevor Zegras’ overtime goal pushes the Anaheim Ducks past the Toronto Maple Leafs.

The Washington Capitals will have their depth tested, as T.J. Oshie and John Carlson will be missing time with injury.

The Arizona Coyotes lose again and are still searching for their first win at Mullett Arena.

Even in their recent loss, the Philadelphia Flyers’ fourth line produced well.

Teemu Selanne will join as a founding member of the upcoming West Coast junior hockey league.

In the franchise’s sale to former-governor Bill Haslam, the Nashville Predators are valued at $775-million.

Matt Luff of the Detroit Red Wings continues to practice despite gruesome puck-to-face injury.

Lane Lambert’s decision-making propels New York Islanders to a three-game win streak.

The Boston Bruins are elated to start 8-1-0, but not content with just early regular season glory.

 

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