Carolina Hurricanes’ franchise value rises to $1.92 billion after playoff success

Tom Dundon chief executive officer, owner and governor of the Carolina Hurricanes - Carolina Hurricanes Website
Tom Dundon chief executive officer, owner and governor of the Carolina Hurricanes - Carolina Hurricanes Website
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The Carolina Hurricanes have experienced significant growth in both their fan base and financial standing over the past several years. The team has qualified for the Stanley Cup Playoffs for seven consecutive seasons, which has contributed to a rise in support and led to a streak of 117 sellouts for both regular-season and postseason games.

According to recent franchise valuation rankings, the Hurricanes’ value has increased by 49% compared to last year. This is the second-largest increase among all NHL teams. The team’s current valuation stands at $1.92 billion, placing it 15th out of 32 franchises, an improvement of ten spots from its previous ranking.

When Tom Dundon took over as majority owner in January 2018, Forbes had valued the Hurricanes at $230 million, which was the lowest in the league at that time. Since then, both the team’s on-ice performance and business operations have contributed to its rising profile.



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