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#12 Vancouver Canucks

#12 Vancouver Canucks

Team Value
1
Enterprise value of team based on current arena deal (unless new arena is pending).
$1.325BCalculated December 2023
Owner(s)
Aquilini Investment Group
Championships
0
Year Purchased
2005
Price Paid
$207M
Revenue
2
Net of arena revenues used for debt payments.
$198M
Operating Income
3
Earnings before interest, taxes, depreciation and amortization.
$48M
Debt/Value
4
Includes arena debts.
9%
Player Expenses
5
Includes benefits and bonuses.
$82M
Gate Receipts
6
Includes club seats.
$61M
Wins-to-player cost ratio
7
Compares the number of wins per player payroll relative to the rest of the NHL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2020-21 season.
81
Revenue per Fan
8
Local revenues divided by metro population with populations in two-team markets divided in half.
$56
Metro Area Population
2.8M
Media partners
tv: Rogers Sportsnet; radio: Sportsnet 650
Revenues and operating income are for the 2022-23 season, including postseason and applicable non-NHL arena revenue (excluding the Seattle Kraken expansion fee) and are net of revenue sharing and arena debt service. All figures are in U.S. dollars based on the average exchange rate during 2022-23 season.
Footnotes
    Revenues and operating income are for the 2022-23 season, including postseason and applicable non-NHL arena revenue (excluding the Seattle Kraken expansion fee) and are net of revenue sharing and arena debt service. All figures are in U.S. dollars based on the average exchange rate during 2022-23 season.
  • 1. Enterprise value of team based on current arena deal (unless new arena is pending).
  • 2. Net of arena revenues used for debt payments.
  • 3. Earnings before interest, taxes, depreciation and amortization.
  • 4. Includes arena debts.
  • 5. Includes benefits and bonuses.
  • 6. Includes club seats.
  • 7. Compares the number of wins per player payroll relative to the rest of the NHL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2020-21 season.
  • 8. Local revenues divided by metro population with populations in two-team markets divided in half.
In the midst of the 2022-23 season, Vancouver Canucks owner Canucks Sports & Entertainment signed a ten-year extension of its wide-ranging partnership with Rogers Communications until the end of the 2032/33 season. Rogers will retain the naming rights to the franchise's Rogers Arena home – a partnership signed ahead of the 2010 season – while the media company's Sportsnet division will remain as the team's exclusive regional TV and radio partner until 2033.
Valuation Breakdown
9. Portion of franchise's value attributable to revenue shared among all teams.
10. Portion of franchise's value attributable to its city and market size.
11. Portion of franchise's value attributable to its arena.
12. Portion of franchise's value attributable to its brand.
Value Change
31%
1-YEAR CHANGE
11%
ANNUALIZED CHANGE
13
Current team value compared with latest transaction price.
13. Current team value compared with latest transaction price.
Historical
2023
Value1
Enterprise value of team based on current arena deal (unless new arena is pending).
$1.3B
2023
$1.3B
2022
$1B
2021
$825M
2020
$725M
2019
$740M
2018
$735M
2017
$730M
2016
$700M
2015
$745M
2014
$800M
Revenue2
Net of arena revenues used for debt payments.
$198M
2023
$198M
2022
$187M
2021
$68M
2020
$146M
2019
$167M
2018
$168M
2017
$156M
2016
$146M
2015
$152M
2014
$154M
Operating Income3
Earnings before interest, taxes, depreciation and amortization.
$48M
2023
$48M
2022
$58M
2021
-$35M
2020
$2.9M
2019
$31M
2018
$37M
2017
$22M
2016
$29.6M
2015
$35.5M
2014
$46.7M
Player Expenses5
Includes benefits and bonuses.
$82M
2023
$82M
2022
$70M
2021
$56M
2020
$84M
2019
$81M
2018
$76M
2017
$82M
2016
$73M
2015
$70M
2014
$65M
Win-to-Player Cost Ratio7
Compares the number of wins per player payroll relative to the rest of the NHL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2020-21 season.
81
2023
81
2022
93
2021
77
2020
110
2019
77
2018
71
2017
61
2016
72
2015
106
2014
79
1. Enterprise value of team based on current arena deal (unless new arena is pending).
2. Net of arena revenues used for debt payments.
3. Earnings before interest, taxes, depreciation and amortization.
5. Includes benefits and bonuses.
7. Compares the number of wins per player payroll relative to the rest of the NHL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2020-21 season.
Venue
Rogers Arena
Owner(s)
Aquilini Investment Group
Concessionaire
Canucks Sports & Entertainment
Year Opened
1995
Average Ticket Price
$76
Seating Capacity
18,870
Cost To Build
$110M
Major Sponsors
Overwaitea Food Group
PepsiCo
Rogers Communications
TD Bank
Tim Hortons
Toyota Motor

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