Sports Valuations

17. Calgary Flames

Jonathan Kozub | National Hockey League | Getty Images

Valuation: $1.93 billion

Year-over-year change in valuation: 13%
Revenue: $189 million
EBITDA: $49 million
Debt as a percentage of value: 5%

Franchise history

Owner: N. Murray Edwards
Year purchased: 1980
Purchase price: $16 million
Stanley Cups won: 1
Division: Pacific
Playoff result 2024-2025: Eliminated from playoff contention

Attendance

Arena: Scotiabank Saddledome — 19,289 capacity
2024-2025 average attendance: 17,655
One-year change in average attendance: 0.9%

See the full list of CNBC's Official 2025 NHL Team Valuations.

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