CALGARY FLAMES

BY STEVE MACFARLANE

NHL VALUATIONS $1.1B FORBES $1.14B SPORTICO $1.25B ROUSTAN OWNERSHIP MURRAY Edwards ALTHOUGH MUCH HAS changed in terms of who is in power below ownership, the top remains the same with the Calgary Flames. The Calgary Sports and Entertainment Corporation is spearheaded by global businessman N. Murray Edwards. Co-owners Alvin Libin, Allan Markin and Jeffrey McCaig are also part of the group, but historically, it has been Edwards sitting in on important calls. Not all of those have gone well, and the franchise is still reeling from the losses of Johnny Gaudreau and Matthew Tkachuk in 2022. Interestingly, though, those outcomes might have finally softened Edwards on his previously rock-hard mantra of avoiding a rebuild at all costs. Even re-tooling had been less than appetizing for an ownership group hell-bent on making the playoffs every season with a…

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The Hockey News (Digital) - 1 Issue, Money & Power 2024

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