Kukla's Korner

Kukla's Korner Hockey

High-Performing Investment

from Wes Goldstein at CBS Sportsline,

From the outside, it has tended to come across as irrational behavior. But to experts in sports economics, the recent surge of interest in NHL franchises is being interpreted as shrewd, calculated investment strategy that is likely to be emulated by others.
“The fundamentals that we’re being told about these teams certainly don’t support the sale prices we’re seeing, but the numbers don’t lie,” said John Vrooman, a Vanderbilt University economics professor who specializes in professional sports franchise valuations.
“The true value of a team is reflected more in the purchase price than it is in the rhetoric. Owners always poor mouth and say they’re losing money, yet these franchises appreciate at rates that make them a high-performing investment, way beyond what we would think.”

read on

Filed in: NHL Business of Hockey, | KK Hockey | Permalink
 

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

 

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