Jets worth $164 million: Forbes

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WINNIPEG - Moving the Atlanta Thrashers to Winnipeg is paying off big time for True North Sports & Entertainment.

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Hey there, time traveller!
This article was published 30/11/2011 (5064 days ago), so information in it may no longer be current.

WINNIPEG – Moving the Atlanta Thrashers to Winnipeg is paying off big time for True North Sports & Entertainment.

On the Forbes.com site today, sports money editor Mike Ozanian reports the Jets gained the most value of any of the 30 teams in the NHL from last season to this season.

A year ago, the Thrashers were valued at $135 million. But the new rankings estimate the Jets are now valued at $164 million, which represents a 21 per cent increase.

MIKE DEAL / WINNIPEG FREE PRESS
The Winnipeg Jets' Kyle Wellwood tries to get the puck past Ottawa Senators' goaltender Craig Anderson in first-period action at the MTS Centre Tuesday.
MIKE DEAL / WINNIPEG FREE PRESS The Winnipeg Jets' Kyle Wellwood tries to get the puck past Ottawa Senators' goaltender Craig Anderson in first-period action at the MTS Centre Tuesday.

True North bought the Thrashers in May for $110 million and paid a $60 million relocation fee to the NHL.

The Jets are worth more than the Nashville Predators, Florida Panthers, St. Louis Blues, Columbus Blue Jackets, New York Islanders and Phoenix Coyotes.

The Coyotes, who visit MTS Centre to play the Jets on Thursday night, are owned and operated by the league, and are valued at just $134 million to finish last in the valuation ranking.

At the top of the list are the Toronto Maple Leafs, valued at $521 million. The Rangers are second at $507 million, while the Montreal Canadiens are third at $445 million.

For the complete list, visit forbes.com/nhl-valuations/

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Updated on Wednesday, November 30, 2011 2:44 PM CST: Corrects typo in St. Louis Blues

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