The Arizona Coyotes are more often than not the punchline to most jokes about the NHL. The franchise hasn't done much to overcome these challenges. With the team set to play the next few seasons in a 5,000 seat arena those jokes aren't going away anytime soon.
Last week when introduced to the media in Las Vegas, Phil Kessel shared it was "nice to play for a franchise that wants to win". No matter how hard the Coyotes try they're unable to shake the reputation they've built. But despite all those reasons, Gary Bettman refuses to give up on this struggling market.
But how have these impacts impacted the valuation of the franchise? Last summer the Seattle Kraken paid a $650,000,000 buy-in fee to join the league. So how do the Coyotes stack up?
The Coyotes rank dead last in the NHL with a valuation of $410,000,000, which 147th out of 151 North American teams. The next lowest valued team was the Florida Panthers worth $110,000,000 more than the Coyotes.
In a single season the Kraken alone increased their valuation to $860,000,000 showing how a good management group can impact these numbers so drastically.
