Edmonton Oilers now valued at $3.11 billion US, up from $25,000 franchise fee in 1972

Founded in 1971 by Dr. Charles Allard and hockey booster “Wild” Bill Hunter for a franchise fee of $25,000. It’s now worth $3.11 billion US according to Sportico.com’s Kurt Badenhausen, a former Forbes writer. The average NHL team is now valued at $2.45 million US. As I’ve written in the past, some of the increase […]