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Money & Power 2024
The Hockey News' sixth annual Money & Power edition is stocked with interviews and features focusing on the financial side of hockey. Inside, you'll find the Top 100 People of Power and Influence, stories on the impact of the war in Ukraine, the Philadelphia Flyers, the Vegas Golden Knights and much more.
BUFFALO SABRES
NHL VALUATIONS $750M FORBES $900M SPORTICO $1.25B ROUSTAN OWNERSHIP TERRY & KIM Pegula THE STRETCH OF futility that began soon after Terry Pegula bought the Buffalo Sabres in 2011 appears to be over. Last season, the Sabres fell one win short of a playoff berth. While their post-season drought reached an NHL-record 12 years, staying in the race until the end represented significant growth. This year, they’ve embraced the expectation they will make the dance – though the team struggled through early December. Newfound stability has helped buoy Buffalo. Kevyn Adams and Don Granato, together since halfway through 2020-21, are the team’s longest-tenured GM-coach duo since Darcy Regier and Lindy Ruff. Terry and his wife, Kim, worked closely with Adams outside of the hockey department before promoting him in 2020, and they enjoy a special relationship with their GM.…
CALGARY FLAMES
NHL VALUATIONS $1.1B FORBES $1.14B SPORTICO $1.25B ROUSTAN OWNERSHIP MURRAY Edwards ALTHOUGH MUCH HAS changed in terms of who is in power below ownership, the top remains the same with the Calgary Flames. The Calgary Sports and Entertainment Corporation is spearheaded by global businessman N. Murray Edwards. Co-owners Alvin Libin, Allan Markin and Jeffrey McCaig are also part of the group, but historically, it has been Edwards sitting in on important calls. Not all of those have gone well, and the franchise is still reeling from the losses of Johnny Gaudreau and Matthew Tkachuk in 2022. Interestingly, though, those outcomes might have finally softened Edwards on his previously rock-hard mantra of avoiding a rebuild at all costs. Even re-tooling had been less than appetizing for an ownership group hell-bent on making the playoffs every season with a…
WASHINGTON CAPITALS
NHL VALUATIONS $1.6B FORBES $1.42B SPORTICO $1.75B ROUSTAN OWNERSHIP TED Leonsis AS SOME REGIONAL sports networks struggle to stay afloat, Ted Leonsis and Monumental Sports & Entertainment are doubling down on the business model. Leonsis acquired a full stake in NBC Sports Washington in 2022 and relaunched and rebranded it as Monumental Sports Network this past fall. Leonsis has invested tens of millions of dollars to create hundreds of hours of original programming while enhancing both the linear and digital platforms, including a new direct-to-consumer subscription service for live game broadcasts. The relaunch and expansion of the regional sports network marks Leonsis’ latest venture in his growing sports empire. This spring will mark 25 years since Leonsis bought the Capitals for $85 million. In the quarter century since then, his portfolio has grown exponentially. As the founder, chairman,…
Dan Marr
AGE: 65 VICE-PRESIDENT, DIRECTOR OF CENTRAL SCOUTING THE HOCKEY NEWS: Overseeing your scouts in both North America and Europe, how do you assign games? DAN MARR: Everyone is obligated to know their area, so they get a lot of free rein to schedule themselves and know the players in their area. We assign the crossover scouting because we need to put our list together where we have enough opinions to vote on a particular player. Our intent is that the crossover entails a lot of the ‘A’- and ‘B’-player coverage. THN: Is video a more important tool now, after you used it so much during the pandemic? DM: We rely more on video now in the sense that we don’t feel as compelled to spend a lot of our money and resources to see one…
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