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Tampa Bay Lightning is worth $145 million according to Forbes, 28th in the NHL

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December

The Tampa Bay Lightning is valued at $145 million, down 5 percent from last year and 28th in the 30-team league, Forbes magazine determined. The value is based on the team's current television and arena deals, and include revenues teams get from all events at their buildings, but not the value of the real estate, the magazine said.

If accurate, owner Jeff Vinik got a bargain when he bought the team, the lease to the St. Pete Times Forum and 5.5 acres around the arena for what is believed $110 million. The magazine said Tampa Bay's revenue for the 2009-10 season, the last of two under former owners Oren Koules and Len Barrie, was down 7.9 percent to $76 million.

The Maple Leafs are the league's most valuable team at $505 million, followed by the Rangers ($461 million), Canadiens ($408 million) and Red Wings ($315 million). The two teams valued less than the Lightning are the Thrashers ($135 million) and the Coyotes ($134 million). The Panthers were 22nd at $168 million.

To view the complete list, go to forbes.com/nhl.

 

[Last modified: Friday, December 31, 2010 12:15am]

    

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