Neb00rs Posted July 13, 2014 Share Posted July 13, 2014 (edited) http://www.forbes.com/pictures/ffeh45ekdk/1-toronto-maple-leafs/ The Devils are no. 20 @ $181 million and according to the article we are -17% in value since last year. Edited July 13, 2014 by Neb00rs Quote Link to comment Share on other sites More sharing options...
2ELIAS6 Posted July 13, 2014 Share Posted July 13, 2014 ughhh i figured the rags would be towards the top of the list.. while we are probably towards the bottom Quote Link to comment Share on other sites More sharing options...
devilsrule33 Posted July 13, 2014 Share Posted July 13, 2014 (edited) Neboors, not trying to be a dick, but not sure what made you think those valuations from that site were anything close to being factual. Just look at those numbers. The Devils were sold for $320 million last year, which according to this would make them as valuable as the Bruins and top 5 or 6 teams in the league? Some of the numbers posted there are probably half of what the teams are worth if they were to be sold. I'd say most of the teams in the league would be sold for more than what they think the Blackhawks are worth. This guy has the Leafs at just over $500 million. MLSE had 75% of their stake (the most important part is the Leafs) sell for $1.3 billion. Edited July 13, 2014 by devilsrule33 Quote Link to comment Share on other sites More sharing options...
Neb00rs Posted July 13, 2014 Author Share Posted July 13, 2014 (edited) Neboors, not trying to be a dick, but not sure what made you think those valuations from that site were anything close to being factual. Just look at those numbers. The Devils were sold for $320 million last year, which according to this would make them as valuable as the Bruins and top 5 or 5 in the league? Some of the numbers posted there are probably half of what the teams are worth if they were to be sold. I'd say most of the teams in the league would be sold for more than what they think the Blackhawks are worth. No offense taken. It's based on Forbes valuations so it's a credible article, if you disagree with the values than that's exactly the kind of debate that should be had in this thread (NJDevs is often good for dispelling poor journalism and the reason people post things here all the time). It's the summer, it's a recent topical article, I posted it to stir up some conversation and see what others, such as yourself, have to say. It's worth a post imo. http://www.forbes.com/pictures/ffeh45ekdk/1-toronto-maple-leafs/ Edited July 13, 2014 by Neb00rs Quote Link to comment Share on other sites More sharing options...
devilsrule33 Posted July 13, 2014 Share Posted July 13, 2014 (edited) I'm fine with the topic, but the numbers are completely off for every single team. There must be some error with whoever put the slide show together. This is Forbes list from 2013: http://www.forbes.com/pictures/mlm45eliik/1-toronto-maple-leafs-6/ Maybe I am missing something? Edited July 13, 2014 by devilsrule33 Quote Link to comment Share on other sites More sharing options...
msweet Posted July 13, 2014 Share Posted July 13, 2014 I'm fine with the topic, but the numbers are completely off for every single team. There must be some error with whoever put the slide show together. This is Forbes list from 2013: http://www.forbes.com/pictures/mlm45eliik/1-toronto-maple-leafs-6/ Maybe I am missing something? What would be your calculations? Quote Link to comment Share on other sites More sharing options...
Neb00rs Posted July 13, 2014 Author Share Posted July 13, 2014 Hmmm, that is weird. Perhaps the more recent article isn't including the value of stadiums or some other detail? Quote Link to comment Share on other sites More sharing options...
mort4345 Posted July 13, 2014 Share Posted July 13, 2014 Neboors, not trying to be a dick, but not sure what made you think those valuations from that site were anything close to being factual. Just look at those numbers. The Devils were sold for $320 million last year, which according to this would make them as valuable as the Bruins and top 5 or 5 in the league? Some of the numbers posted there are probably half of what the teams are worth if they were to be sold. I'd say most of the teams in the league would be sold for more than what they think the Blackhawks are worth. This guy has the Leafs at just over $500 million. MLSE had 75% of their stake (the most important part is the Leafs) sold for $1.3 billion. Point well taken. However, I think the Prudential Center revenue outside of the Devils was a huge factor in the acquisition as well as the final purchase price. Just to underscore this point, here's this: http://www.nj.com/news/index.ssf/2011/12/prudential_center_joins_list_o.html NEWARK — The Prudential Center in Newark has joined Madison Square Garden, the Staples Center in Los Angeles and the O2 Arena in London as being among the top 10 grossing arenas in the world. Quote Link to comment Share on other sites More sharing options...
Triumph Posted July 13, 2014 Share Posted July 13, 2014 What would be your calculations? We have this debate every time Forbes comes out with numbers. They're terrible, always. They clearly have a formula based on certain things that doesn't take a lot of other stuff into account. If they don't reflect what franchises actually sell for, what purpose do they have? Agree with mort that the arena is the valuable thing in the sale of the Devils and not the franchise itself, but still. The franchise and arena go together. Quote Link to comment Share on other sites More sharing options...
Neb00rs Posted July 13, 2014 Author Share Posted July 13, 2014 We have this debate every time Forbes comes out with numbers. They're terrible, always. They clearly have a formula based on certain things that doesn't take a lot of other stuff into account. If they don't reflect what franchises actually sell for, what purpose do they have? Agree with mort that the arena is the valuable thing in the sale of the Devils and not the franchise itself, but still. The franchise and arena go together. Nonetheless there's still the question of why they are so much lower than last year. Quote Link to comment Share on other sites More sharing options...
dmann422 Posted July 13, 2014 Share Posted July 13, 2014 My rule of thumb- any website that forces you through a countdown slideshow is just trawling for clicks. Half the time they have no idea what the heck they're putting on there, they just want people to click through. Quote Link to comment Share on other sites More sharing options...
CarpathianForest Posted July 13, 2014 Share Posted July 13, 2014 Quote Link to comment Share on other sites More sharing options...
Devilsfan118 Posted July 13, 2014 Share Posted July 13, 2014 Yeah those values are way, way off. Not even close. Quote Link to comment Share on other sites More sharing options...
Chuck the Duck Posted July 13, 2014 Share Posted July 13, 2014 The team sold last year for $320 million. That is the minimum value of the franchise because, as Tri already said, the arena is tied to the team at the moment. When you factor in the new NHL TV money each team will be receiving, it is only likely that the value of the franchise would have increased slightly, or at the very least stayed the same since last years sale. Quote Link to comment Share on other sites More sharing options...
Triumph Posted July 14, 2014 Share Posted July 14, 2014 (edited) This debate goes beyond Forbes, too - whenever you have a proprietary formula for something and it spits out numbers that don't make sense, you will catch flak when they are way off. Nate Silver's learning that lesson. Edited July 14, 2014 by Triumph Quote Link to comment Share on other sites More sharing options...
devilsrule33 Posted July 14, 2014 Share Posted July 14, 2014 (edited) Nonetheless there's still the question of why they are so much lower than last year. Honestly, I have no clue when that link is from that this guy wrote some crummy blurbs off of. It has no year, and doesn't include much information. The photos look fairly new, but as far as I know, Forbes hasn't come out with their 2014 list. They usually do that in-season. http://www.forbes.com/nhl-valuations/ Edited July 14, 2014 by devilsrule33 Quote Link to comment Share on other sites More sharing options...
DJ Eco Posted July 14, 2014 Share Posted July 14, 2014 Yeah, Forbes has been going down the tubes in credibility. I'll believe the rankings that a paper like Wall Street Journal reports later this year over a click-bait article by Forbes. They're simply not a credible source anymore but are only somewhat viewed that way because of their name. Quote Link to comment Share on other sites More sharing options...
Neb00rs Posted July 15, 2014 Author Share Posted July 15, 2014 Honestly, I have no clue when that link is from that this guy wrote some crummy blurbs off of. It has no year, and doesn't include much information. The photos look fairly new, but as far as I know, Forbes hasn't come out with their 2014 list. They usually do that in-season. http://www.forbes.com/nhl-valuations/ I posted the direct link to Forbes at the top a few days ago. That's where the guy got it from. Quote Link to comment Share on other sites More sharing options...
devilsrule33 Posted July 15, 2014 Share Posted July 15, 2014 I posted the direct link to Forbes at the top a few days ago. That's where the guy got it from. I got it, but those don't have a date on it. Nowhere on Forbes site does it say the 2014 team valuations are up. It also doesn't make any sense that all of last year's values (accurate or not) would be cut in half by Forbes. Quote Link to comment Share on other sites More sharing options...
Colin226 Posted July 17, 2014 Share Posted July 17, 2014 I got it, but those don't have a date on it. Nowhere on Forbes site does it say the 2014 team valuations are up. It also doesn't make any sense that all of last year's values (accurate or not) would be cut in half by Forbes. Forbes also has traditionally released their numbers around Thanksgiving Quote Link to comment Share on other sites More sharing options...
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