Forbes: Flyers 5th Most Valuable NHL Team
The Flyers continue to be rank among the NHL's most valuable teams, according to Forbes. The organization is estimated to be worth approximately $273 million, good for fifth highest in the NHL. It's interesting to note that the Original Six and the Flyers make up the top seven in the list.
Taking a look a little closer at the Flyers' individual financial situation, we see that the organization's growth has been modest over the past number of years, while revenue fluctuates quite a bit. The organization continues to be pretty inefficient, though, when it comes to generating operating income (it's not clear whether these are Comcast-Spectacor figures or Flyers-specific figures; is it just a coincidence that in 2001, when the Sixers were in the NBA Finals, Forbes reports $13 million in operating income compared to $1-4 million in first/second-round Flyers eliminations and actual losses during Flyers ECF trips?).
Oh, and Pittsburgh's at #11.
about 2 years ago
Ben Feldman
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