NHL team values, profits rise even in recession-Forbes

Newswire

CHICAGO, Nov 12 (Reuters) - The National Hockey League had its most profitable year in 2008-2009 and team values rose $3 million to an average of $223 million despite a recession that curbed fan and sponsor spending, Forbes magazine said.

Big revivals in markets like Chicago, Pittsburgh and Washington, as well as new deals with such companies as Honda Motor Co Ltd , Cisco Systems Inc and McDonald's ...

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