Avalanche owner suddenly grabs headlines after stunning team development
Photo credit: The U.S. Sun
Stanley Kroenke, owner of the Colorado Avalanche, suddenly grabs headlines following a shocking team development that has fans talking.
Kroenke made Forbes' 2025 richest sports owners list, supporting a perennial championship contender.
Avalanche owner Stanley Kroenke among the richest owners in sports.
An article published by the Pro Football Network reports that in 2024-25, the Avalanche finished third in the Central Division with 49 wins, 29 losses, and 102 points. The team has been a consistent playoff contender in recent years, capturing a Stanley Cup as recently as 2022, powered by stars like Nathan MacKinnon and Cale Makar.
"MacKinnon is currently featured second on the NHL's list of the top 20 centers in the league, just behind the Edmonton Oilers' Connor McDavid. Meanwhile, Makar finished first in a similar NHL list of the top 20 defensemen, cementing his status as an elite blueliner." -Pro Football Network
Maintaining this level of talent comes at a steep cost. Makar's six-year deal carries a $9 million AAV, while MacKinnon's eight-year, $100.8 million contract has a $12.6 million cap hit.
These big contracts are easier to manage thanks to the backing of one of the wealthiest sports team owners in the country.
"Through his company, Kroenke Sports & Entertainment, he owns the NFL's Los Angeles Rams, the NBA's Denver Nuggets, the MLS's Colorado Rapids, and the EPL's Arsenal FC and Arsenal Women's FC, in addition to the Avalanche. Kroenke built his fortune through both sports and real estate. His net worth has surged by 26% in just one year, now at $21.3 billion." -Pro Football Network
Here's what Forbes stated in its recent report...
«The 78-year-old Kroenke has amassed more than 60 million square feet of real estate and 1.6 million acres of land, but his sports empire is just as sprawling, with teams in six major pro leagues, as well as the National Lacrosse League's Colorado Mammoth." -Forbes
Of all the teams Stanley Kroenke owns, his NFL franchise, the Los Angeles Rams, is the most valuable.
«The Rams are his crown jewel, ranking second among NFL teams with a valuation of $10.5 billion, and the team this year announced plans for a new headquarters and training facility in the Woodland Hills neighborhood of Los Angeles on a site Kroenke acquired in 2022.» -Forbes
Within the NHL, Kroenke ranks as the second-richest owner, behind Anaheim Ducks' Henry Samueli at $27.7 billion.
Los Angeles Kings' Philip Anschutz ranks 11th with a net worth of $19.4 billion, while New Jersey Devils' Josh Harris ranks 17th at $11 billion.
Source:
Pro Football Network
Colorado Avalanche's Billionaire Owner's Net Worth Going Steady Among America's 10 Richest Franchise Owners
Pro Football Network
Colorado Avalanche's Billionaire Owner's Net Worth Going Steady Among America's 10 Richest Franchise Owners
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