Chicago Blackhawks

About

Valued at $2.0B with $260M in annual revenue, the Blackhawks benefit from Chicago's large metropolitan market and a storied franchise brand anchored by six Stanley Cups, though recent competitive underperformance has pressured merchandise and local media revenue streams. Rocky Wirtz's ownership since 2007 has modernized operations and capitalized on the franchise's 2010-2015 championship window, but the team now faces a rebuild phase that may weigh on near-term profitability despite the $40M operating income base. The franchise's value trajectory will hinge on competitive recovery, United Center lease negotiations, and potential media rights upside as the NHL's next broadcasting cycle approaches.