Calgary Flames

Calgary, AB · Pacific · Founded 1972

Last updated: Sep 20260 transactions on fileProfile status: partial

Valuation snapshotSource: Sportico NHL Valuations, Oct 2025

Latest estimated value

$1.82B

Estimated annual revenue

$210M (Forbes 2025, 2024-25 season)

Implied revenue multiple

8.7x (calc.)

YoY change

+15% (1-yr)

Most recent transaction

—

Implied valuation, last tx

—

Ownership

Controlling ownerCalgary Sports and Entertainment (Edwards family et al.)

Ownership stake—

Owner since1980

Acquisition price—

Transaction history

0 on file

Date	Type	Buyer	Seller	Stake	Price	Implied Val	Mult.	Conf.

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Comparable franchises

Toronto Maple Leafs

$4.25B · 11.3x (calc.)

New York Rangers

$3.65B · 11.3x (calc.)

Montreal Canadiens

$3.30B · 10.3x (calc.)

Boston Bruins

$3.00B · 10.9x (calc.)

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Valuations and revenue estimates on this page are sourced from publicly available reporting and are presented for informational purposes only. SportsCapIQ is not affiliated with the Calgary Flames, the NHL, or any party referenced. See full methodology and disclaimer.