18. Calgary Flames
Valuation: $1.7 billion
The company's revenue is $183 million, with an EBITDA of $29 million and a debt-to-value ratio of 5%.
Franchise history
N. Murray Edwards purchased the team in 1980 for $16 million. The team won one Stanley Cup and played in the Pacific Division. In the 2023-24 season, they missed the playoffs. The arena has a capacity of 19,289.
Business News
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