Vegas Golden Knights

Las Vegas, NV · Pacific · Founded 2017

Last updated: Sep 20261 transactions on fileProfile status: partial

Valuation snapshotSource: Sportico NHL Valuations, Oct 2025

Latest estimated value

$2.02B

Estimated annual revenue

$250M (Forbes 2025, 2024-25 season)

Implied revenue multiple

8.1x (calc.)

YoY change

+14% (1-yr)

Most recent transaction

Expansion

Implied valuation, last tx

$500M

Ownership

Controlling ownerBill Foley

Ownership stake—

Owner since2016

Acquisition price$500M (expansion fee)

Transaction history

1 on file

Date	Type	Buyer	Seller	Stake	Price	Implied Val	Mult.	Conf.
2016-06-22	Expansion	Bill Foley group	NHL (expansion grant)	100%	$500M	$500M	—	High

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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 Vegas Golden Knights, the NHL, or any party referenced. See full methodology and disclaimer.