32. Columbus Blue Jackets: Alternative Version

32. Columbus Blue Jackets: Alternative Version
32. Columbus Blue Jackets: Alternative Version

Valuation: $1 billion

The company's revenue is $148 million, with a negative EBITDA of $1.5 million and a debt-to-value ratio of 13%.

Franchise history

John McConnell, the owner of Nationwide, purchased the team in 1997 for $80 million. Despite owning the team for over 25 years, the Columbus Blue Jackets have yet to win a Stanley Cup. The team plays in the Metropolitan Division and missed the playoffs in the 2023-24 season. The Nationwide Arena, with a capacity of 18,500, is the home arena for the Blue Jackets.

by Michael Ozanian

Business News