Forbes: Blues least valuable NHL team

Forbes: Blues least valuable NHL team

Credit: Getty Images

Forbes: Blues least valuable NHL team

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by Scott Bierman / HockeyStL

KMOV.com

Posted on November 28, 2012 at 12:56 PM

Updated Friday, Nov 1 at 1:54 AM

(HockeyStL) -- While the Toronto Maple Leafs became the first NHL team to be worth $1 billion, the St Louis Blues sat at the bottom of Forbes’ NHL value list.

According to Forbes, the Blues are worth $130 million and trail the next to last Phoenix Coyotes by $4 million.

The Blues, including the AHL Peoria Rivermen, the Scottrade Center and a “substantial” interest in the Peabody Opera House, were sold last May to Tom Stillman for around $130 million.  Last December, Forbes valued the Blues at $157 million, which ranked 27th out of 30 NHL teams.

The Blues one-year value change dropped 17 percent, which was also worst in the league.  The next closest was the Columbus Blue Jackets, which dropped 5 percent.

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