18. Calgary Flames

18. Calgary Flames
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.

by Michael Ozanian

Business News