10. Red Wings of Detroit
Valuation: $2.05 billion
The company's revenue was $239 million, with an EBITDA of $34.3 million and a debt-to-value ratio of 4%.
Franchise history
Marian Ilitch purchased the Detroit Red Wings in 1982 for $8.5 million. The team has won 11 Stanley Cups and plays in the Atlantic Division. In the 2023-24 season, they missed the playoffs. The Little Caesars Arena, with a capacity of 19,515, is their home arena.
Business News
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