Forbes: Blackhawks Business Booming
The Chicago Blackhawks rank fourth on Forbes’ annual list of NHL franchise values through the 2014-15 season. Forbes estimates the organization’s value at $925 million.
That’s an increase of 12 percent over last year and 48 percent over 2013.
According to Forbes, the Blackhawks generated $182 million in revenue with an operating income of $44.8 million. The report estimates each of the three Stanley Cup runs has generated an additional $25 million of operating income.
Forbes and ESPN both ranked the Blackhawks as one of the worst franchises in all of professional sports as recently as 2004, but Rocky Wirtz has had the midas touch. In 2009, Forbes wrote about the miraculous resurrection of the franchise as “the greatest sports-business turnaround ever.” And that was before they won three Cups in six seasons.
“Yes we are still losing money” Rocky Wirtz
If you lose a dollar and find 2, you still technically lost that original dollar…
But they’re still poor.
Its truly amazing the job Rocky has done, Congrats to the organization and leadership group. I remember how awful this team was for a long time. As much as I have been agitated about this team this year it is amazing to see how far they have come since he has taken control of this team.
Get me a LW1 …..
Gather cash to put in a brown paper bag for a LW.
How about that big burly guy in Rockford that is a ppg player down there? And he only cost 950k. No lost players either. Well with the exception to Mashinter
Ernie, sell him to another team and I’ll pay you a commission!
YAY Rocky. After suffering through most of my life as a Hawks fan who knew the owner would not pay the extra buck to put a winning team on the ice – it is wonderful to now have that owner’s son in charge and willing to pay whatever it takes to put a winning team on the ice. I wish Rocky and the Hawks organization all the good fortune that could come their way.
Kinda said that tongue in cheek Wayne. But, can we all agree Bickell is better than Mashinter?
Not sure because Mashinter was doing real well in Rockford too. You can have them both as far as I’m concerned.
use that cash to reward Coach Q. Pronto. Meaning right now. Meaningful contract extension in years and dough.
Pretty please.
The Lw that needs to be called up is Ross . Started 80% of games over the last 2 years on the farm. 34 pts as a rookie and 44 as a second year player. When are the hawks gonna give the 5 th rounder a shot? I’d say he’s earned it.
Ross has been ordinary at best this year in Rockford. Sometimes stats don’t tell the story but his do this year. Also Bickell has cooled off and was also very ordinary the last couple games down there.