Kraken arena during playoffs
Photo credit: Sportsnet

Seattle Kraken: A Valuable NHL Powerhouse

Published April 26, 2024 at 1:46 PM

In a remarkable feat of rapid ascent, the Seattle Kraken has cemented its status as a model franchise in the NHL, securing the 10th position in Forbes' coveted ranking of team valuations. With a staggering evaluation of $1.05 billion, the Kraken has not only surpassed expectations but also outshone established teams, including the formidable Vegas Golden Knights.

Under the stewardship of owner David Bonderman, the Seattle Kraken has not just entered the league; it has made an indelible mark. The franchise's meteoric rise reflects astute management, strategic planning, and a fervent fan base eagerly embracing the newest addition to the NHL family.

What sets the Kraken apart is not just its financial success but its rapid integration into the fabric of professional hockey. From the inception of the franchise, the Kraken has demonstrated a commitment to excellence on and off the ice. Their inaugural season showcased a competitive spirit, drawing attention from fans and critics alike.

Beyond the excitement of the game, the Kraken's economic impact is undeniable. With an impressive operating income of $67 million, the franchise has demonstrated its ability to thrive in a competitive market. This success not only solidifies the Kraken's position in the league but also serves as a testament to the viability of hockey in non-traditional markets.

As the Seattle Kraken continues to chart its course in the NHL, one thing is clear: this is just the beginning. With a strong foundation, dedicated leadership, and a passionate fan base rallying behind them, the Kraken is poised to leave an indelible mark on the hockey world for years to come.

Source: Forbes
April 26   |   55 answers
Seattle Kraken: A Valuable NHL Powerhouse

Will the Kraken continue to increase in value?

Yes5294.5 %
No35.5 %
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