The Colorado Avalanche started their journey as the Quebec Nordiques in the World Hockey Association (WHA) in 1972. Notably, they were one of the charter franchises of the WHA and won the Avco World Trophy in 1976-77 alongside four Division Championships. However, defining moment came in 1995 when they debuted as the Colorado Avalanche and won the Pacific Division.
Since then, they have added three Stanley Cup Championships, three Conference Championships, three Presidents' Trophies and lastly 12 Division Championships to their collection. Furthermore, they play their home games at the Ball Arena which they share with the Denver Nuggets of the National Basketball League (NBA) and Colorado Mammoth of the National Lacrosse League (NLL).
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Colorado Avalanche's owner
The Colorado Avalanche are owned Kroenke Sports & Entertainment, a holding company based in Denver, Colorado. It was started by Stan Kroenke in 1999 as a parent company for all his sports holdings. Notably, the company has control over five professional sport franchises, one soccer club, four stadiums, two professional eSports franchised teams, four television channels, an internet TV channel & 19 magazines (operated under the badge Outdoor Sportsman Group), four radio stations (operated under KSE Radio Ventures, LLC, and websites).
Stan Kroenke's ownership tenure has been marked by significant achievements for the Avalanche franchise. Under Kroenke's leadership, the Avalanche have clinched two Stanley Cup championships, triumphing in 2001 and again in 2022. Beyond these crowning achievements, the team has also captured seven division championships and secured the Presidents' Trophy twice.
Beyond sports and media, Kroenke's influence extends into real estate development. He is the chairman and owner of The Kroenke Group, a private real estate investment and development company with properties across the United States and Canada. His extensive involvement in real estate has solidified his reputation as one of the nation's leading real estate developers. Moreover, Kroenke's commitment to community engagement is also evident through his philanthropic endeavors. His sports franchises, including the Avalanche, have contributed millions of dollars to Colorado charities through Kroenke Sports Charities and the Colorado Avalanche and Denver Nuggets Community Funds. Additionally, Mr. Kroenke and his family have made personal contributions, including a $1 million donation to the Red Cross following hurricanes that devastated coastal regions in 2017.
Colorado Avalanche's valuation
The Colorado Avalanche are valued at $1.7 billion, as of May 2025. The team earns $198 million in revenue and has $116 million in player expenses. Owned by E. Stanley Kroenke, they play at Ball Arena in Denver, Colorado. (via Forbes)
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FAQ's On Colorado Avalanche
A. The Colorado Avalanche are valued at $1.7 billion, as of May 2025.
A. Kroenke has a net worth of $18 billion.
