Flyers

Breaking down Forbes' NHL team values

apsnider.jpg

Breaking down Forbes' NHL team values

The company and magazine that reveals and ranks the world’s richest people also calculates the game on ice. On Monday, Forbes released its annual NHL team valuations -- an estimate of the value of each of the 30 teams -- and despite what you’ve seen or read during nasty labor negotiations, there’s money to be made in the NHL.

According to Forbes, 19 teams returned a profit -- from the Maple Leafs at the top, hauling in $48.7 million, to the Colorado Avalanche (17th), turning a modest $300,000. The Flyers climbed up one spot to seventh.

Impressively, the Flyers were still able to turn a $6 million operating income despite the lack of revenue after failing to qualify for the playoffs. The Comcast enterprise is now valued at a half-billion dollars, an increase of 49 percent from 2011-12. Here are some other observations:

Do big UFAs still make cents?
The NHL’s new 10-year CBA effectively ended long-term, front-loaded contracts, allowing more owners to put profits into their pockets. Perhaps Ed Snider and the other board members at Comcast-Spectacor can thank the Nashville Predators for strengthening the Flyers' bottom line. Had Nashville refused to match the offer sheet for defenseman Shea Weber, the Flyers would have been operating in the red after cutting Weber a check for $14 million last summer. No surprise the Minnesota Wild had the largest operating loss of any NHL team at $13.6 million -- the result of signing Zach Parise and Ryan Suter to identical 13-year, $98 million contracts.

Blackhawks are perfect business model
Not only have the ‘Hawks hoisted the Stanley Cup twice in a four-year span, they’ve proven to be one of the league’s most profitable, with an operating income of $25.6 million -- second to the New York Rangers among U.S.-based teams. The Blackhawks are now valued at $625 million -- up 79 percent from the previous year. Owner Rocky Wirtz has lived by the motto “You have to spend money in order to make money,” and within the hockey operations, the Blackhawks have spent wisely. As co-owners of the United Center, the 'Hawks are one of four NHL teams with little or no debt.

Don't count your money by the Cup
The Maple Leafs, Rangers and Canadiens are the Big Three when it comes to current value, revenue and operating income, but that clearly hasn’t translated into success on the ice. The Blueshirts were the last of those teams to win Lord Stanley’s Cup back in 1994, with the Canadiens winning a year earlier. Plus, the wealth is distributed a little more evenly. Last year, Toronto, New York and Montreal accounted for a whopping 83 percent of the league’s income. This year, they accounted for just over half of that amount.

Canadian teams are moneymakers
If the NHL is seriously considering expanding to 32 teams, it’s hard to argue putting two more franchises in Canada. All seven of the Canadian teams rank in the top 16 for the first time in Forbes’ rankings, including three in the top four. Combined, the seven Canadian teams had earnings totaling $129 million -- an average of $18.4 million per team. Comparatively, the 23 U.S.-based franchises collectively had an operating income totaling $81.3 million, or an average of $3.53 million per team. The Winnipeg Jets are now valued at $340 million, or twice what True North Sports & Entertainment paid to bail the franchise out of Atlanta just a few years ago.

Harris right on the money
Sixers owner Josh Harris rescued the New Jersey Devils from an NHL takeover, purchasing the franchise and the lease to the Prudential Center as well as assuming all debt for $320 million back in August. If you thought Harris overpaid, consider that Forbes’ value of the Devils came in at $320 million. However, when evaluating the Devils franchise, a few disturbing aspects stand out. The Dallas Stars (playing in a non-traditional hockey market) and the Buffalo Sabres (playing in one of the league’s smallest markets) are pulling in as much revenue as the Devils, who lost $4.2 million in 2012-13 coming off their run to the Stanley Cup Final the year before. Harris' franchise also has a debt/value ratio of 81 percent, by far the highest of any team in the NHL.

Best of NHL: Anthony Duclair scores hat trick, Coyotes beat Senators in OT

usa-anthony-duclair-goal.jpg
USA Today Images

Best of NHL: Anthony Duclair scores hat trick, Coyotes beat Senators in OT

OTTAWA, Ontario — Anthony Duclair gave the lowly Arizona Coyotes another two points.

Duclair scored in overtime to complete a hat trick and the Coyotes beat the Ottawa Senators 3-2 on Saturday for their second straight victory.

Antti Raanta made 30 saves to help the Coyotes improve to 4-15-3. On Thursday night in Montreal, they rallied to beat the Canadiens 5-4 for their first regulation victory of the season.

"I think it was a well-earned win to be honest," Duclair said. "We carried that momentum from the Montreal game and all four lines were rolling and we just played a solid 60 minutes."

Duclair scored at 1:23 of overtime, his shot trickling through Condon's pads and over the goal line (see full recap). 

Anisimov's third-period goal leads Blackhawks past Pens
PITTSBURGH — Artem Anisimov scored a power-play goal in the third period, and the Chicago Blackhawks continued their winning streak against the Pittsburgh Penguins with a 2-1 victory on Saturday night.

Anisimov scored his 10th goal of the season just 21 seconds after Pittsburgh tied the game. Gustav Forsling scored his second for the Blackhawks, who won their eighth straight against the two-time defending Stanley Cup champion Penguins.

The Blackhawks have won three of their last four games after taking two of their previous seven.

Corey Crawford made 35 saves for Chicago, including a right-pad stop on Phil Kessel in the final 20 seconds (see full recap). 

Lee scores 2 goals, Islanders beat Lightning
TAMPA, Fla. — New York Islanders coach Doug Weight had a simple message after a big lead was slipping away: Stay calm.

Anders Lee scored twice and the Islanders held on after nearly blowing a four-goal lead, beating the Tampa Bay Lightning 5-3 Saturday night.

"He was just telling us what we needed to hear," New York right wing Josh Bailey said of Weight's message on the bench midway through the third. "He was just getting his point across. We just needed to calm down a little bit, realize we're in a good position. We've still got the lead in the third period on the road against the top team in the league." (see full recap). 

Ovechkin returns after puck to face, Caps snap Wild's streak
WASHINGTON — Alex Ovechkin returned from taking a puck to the face, T.J. Oshie had a goal and an assist and the Washington Capitals snapped the Minnesota Wild's winning streak at four with a 3-1 victory Saturday night.

Behind goals from Oshie, Dmitry Orlov and Evgeny Kuznetsov and 30 saves by goaltender Braden Holtby, the Capitals stopped their skid at two and won their fifth consecutive game at home.

Ovechkin was bloodied in the second period when a puck ramped off his stick and into his face, but Washington's captain got some repairs and was back on the ice for the start of the third. He set up Kuznetsov's goal late in the period.

Nino Niederreiter scored for Minnesota, which lost for the first time since Nov. 8. Backup Alex Stalock stopped 40 of 43 shots in his first career start against the Capitals (see full recap.) 

Selfish, undisciplined play dooms Flyers in OT loss to Flames

Selfish, undisciplined play dooms Flyers in OT loss to Flames

BOX SCORE

The Flyers' emotions got the best of them Saturday afternoon, and in turn, they got the best from Sean Monahan.

Monahan's second-period power-play hat trick was the result of the Flyers' selfish, undisciplined penalties, which allowed the Calgary Flames to erase a two-goal deficit and take down the Flyers, 5-4, at the Wells Fargo Center (see observations).

Michael Frolik capped the Flames' comeback, converting on a 2-on-1 chance just 1:18 into overtime.

"It's not deflating — it pisses you off," Flyers head coach Dave Hakstol said, "when things are a little bit within our control at that point in time. They're penalties that could have been within our control. That obviously turned and changed the hockey game drastically."

Defenseman Shayne Gostisbehere was the primary culprit behind the Flyers' lack of discipline.

After a fracas in front of the Flyers' bench that saw Michael Raffl take a stick up high, Gostisbehere was the recipient of an unsportsmanlike conduct penalty for yelling at referee Tim Peel. The Flyers successfully killed that two-minute minor and then Gostisbehere was sent back to the box 65 seconds later for elbowing Flames forward Micheal Ferland against the boards.

"I think I was upset overall," Gostisbehere said. "I took it out on the wrong guy. Just wasn't a good team player in that sense on that play — heat of the moment. Obviously, there are no excuses for something like that to happen. I wasn't thinking about my team there. I really let my team down."

"It varies from ref to ref," Brandon Manning said. "In Ghost's case, it was a point to where he was fed up. It wasn't what Ghost said directly. I think it was just a matter of things building up and the time and situation of it."

Monahan didn't score on Gostisbehere's unsportsmanlike penalty, but he did convert on the elbowing call, which completed his first career hat trick. He scored his first goal with Dale Weise in the box for high-sticking and then scored his second goal just three minutes and 44 seconds later, with Manning in the box for slashing and snapping Matt Stajan's stick.

"It's something I've been bad for lately and (what) I've tried to work on is keeping my stick down instead of going after the stick," Manning said. "I was a little surprised he pulled up and kind of backed off and I was just trying to get around him. That's the way it is. They're calling that a penalty now."

While the Flyers' top line has been a three-man show recently, it was the Flyers' No. 1 line that took center stage, as Monahan, Johnny Gaudreau and Ferland combined for four goals on 22 attempted shots, many of which were high-quality scoring chances.

The Flyers, now 8-8-4 and losers of four straight, jumped all over the Flyers with three first-period goals and taking a 3-1 lead after the opening 20 minutes. It also marked the second straight game the Flyers wasted a two-goal lead. Thursday, the Flyers scored two early goals, led for nearly 57 minutes and then watched it vanish in the final minute of regulation in Winnipeg.

"We were outshooting them pretty badly at one point and then the penalties gave them a chance to get back in the game," Sean Couturier said. "We got to be better on the PK, but at the same time, we've got to be more disciplined."

"We kind of just lost our heads there," Wayne Simmonds said. "I think groaning and moaning at the refs, but some of those penalties are penalties. We got to get better. We got to keep our heads and we just got to focus on the play because we had the game and then we let it go."

Radko a no-go
Radko Gudas was unavailable for Saturday's game against Calgary after he elected to have a phone hearing with the NHL's Department of Player Safety following his slashing penalty to the back of Mathieu Perreault's head Thursday in Winnipeg.

Gudas was ruled ineligible and sitting out Saturday's game will be applied to his suspension. According to the league’s collective bargaining agreement, “no decision to issue supplemental discipline is made before the player has the opportunity to explain his actions.”

With Andrew MacDonald still not ready for game action, Mark Alt replaced Gudas in the lineup and played 13 minutes and five seconds.

Another Johnny Hockey homecoming
South Jersey's Gaudreau had a successful trip back home establishing a new career-high nine-game point streak. Gaudreau scored Calgary's first goal on a breakaway, which was his fourth straight game with a goal.

Gaudreau also assisted on a pair of Monahan's power-play goals, giving him a three-point night.

"Yeah, this is a big win for us," Gaudreau said, "especially after the last game we had (an 8-2 loss to Detroit last Wednesday). Some big performers tonight, power play looked good, had a huge kill at the end there in the third and a big goal Frolik, so it was a good team win there."