TBN: Sabres lost $10.9 million, value dropped

[Buffaloed]

Sabres lost $10.9 million, value dropped in 2020, according to Forbes
Forbes ranked the Sabres as the 28th most valuable in the NHL with an estimated valuation of $385 million, down from $400 million in 2019, with an operating loss of $10.9 million – one of nine teams to encounter a double-digit loss in 2020.

That's less than the cost of a super yacht.

There's a thread dedicated to this on the Business forum
NHL Team Values 2020: Hockey’s First Decline In Two Decades

Click to read more...

 

[brian_griffin]

On the bright side, if that trend continues, I'll potentially be able to afford the Sabres a few years after I die.

 

[Reddawg]

Only 25 more years like this ($15m valuation loss) and I’ll be able to afford the team. Stanley Cup winners in 2046 ya’ll, plan the parade.

 

[La Cosa Nostra]

Does Golisano have children who like hockey?

 

[Kublakhan]

Damn that Jeff Skinner