Forbes released its annual list of NHL team valuations on Wednesday and according to the report, Washington is the highest-valued team in the league to have lost money last year.
The Capitals are worth $250 million, 11th in the NHL, according to Forbes, but the team had operating losses of $1 million in 2012.
Twelve other teams lost money last season. They were: Phoenix ($20.6 million loss), Columbus ($18.7 million), New York Islanders ($16 million), Tampa Bay ($13.1 million), Florida ($12 million), Anaheim ($10.8 million), Buffalo (10.4 million), St. Louis ($10 million), Carolina ($9.4 million), Minnesota ($3.9 million), Nashville ($3.4 million) and San Jose ($900,000).
On the opposite end of the spectrum, the Toronto Maple Leafs became the first hockey team to be valued at $1 billion by Forbes.
• Meanwhile, the NHL and NHLPA are meeting with federal mediators for a second consecutive day Thursday. The two sides met for roughly six hours in separate sessions, according to ESPN, as both the union and league brought the mediators up to speed on their respective bargaining stance.
• CSN New England’s Joe Haggerty offered a peek into the NHL boardroom with his report of Bruins’ owner and Chairman of the Board of Governors Jeremy Jacobs reprimanding one of the representatives from the Winnipeg Jets. Not surprisingly, the report was denied by both the league and the Jets to the Winnipeg Free Press. And for a good take on this latest he said, he said episode head on over to Puck Daddy.
• For those looking for positive news, Operation Hat Trick raised at least $500,000 for Hurricane Sandy relief.