The value of the Montreal Canadiens currently stands at $2.5 billion, Sportico, an online media outlet that focuses on the economics of sport, wrote this Wednesday.
This conclusion comes after businessman Michael Andlauer, new owner of the Ottawa Senators, sold the shares he previously held in the Montreal organization.
The Molson family, majority shareholder of the club, benefited from the first right of redemption. It therefore exercised its option and acquired Andlauer’s 10% stake. To determine the sum of the transaction, the total value of the club was established at 2.5 billion US dollars.
According to Sportico, this would be the highest value to date for an NHL team.
At the end of 2022, both Sportico and the magazine Forbes placed the CH in third place among the franchises with the highest value on the circuit, behind the Toronto Maple Leafs and the New York Rangers.