Forbes: Sabres 28th in franchise value and losing money
Forbes has released its annual NHL franchise valuations, and the Sabres continue to rank near the bottom of the league.
The Sabres are ranked 28th out of 31 teams at $350 million, up 17% from last year.
Buffalo’s revenue is reported at $120 million and expenses at $133 million, for a loss of $13 million. Keep in mind, however, that certain paper loss items such as amortization and depreciation are commonly factored into profit and loss calculations.
One positive moving forward is the long-term cable television deal between MSG Networks and the Sabres that will more than double the team’s current rights fee as of the beginning of this season.
See the complete list of NHL franchise values here.