The St. Louis Blues is a professional ice hockey team, based in St. Louis, Missouri. They compete in the NHL as a part of the Central Division in the Western Conference. The Blues were one of the six expansion teams of the NHL, founded in 1967. They host their home games the Enterprise Center with a seating capacity of over 18,000 fans in downtown St. Louis. They have struggled in the playoffs, including losing three Stanley Cup Finals in their early years.
The Blues won their first Stanley Cup in 2019 after 52 years of competing in the league, making them the last expansion 1967 expansion team to capture the championship. They have two minor league affiliates in the ECHl and AHL named Florida Everblades and Springfield Thunderbirds, respectively.
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Who is the majority owner of the St Louis Blues?
The St. Louis Blues are owned by SLB Acquisition Holdings LLC, with Tom Stillman holding the major stake in the Company and serving as the chairman and governor. Stillman, an American businessman and former minority owner of the Blues, led a group of local investors that purchased the team in 2012.
Stillman is also chairman and CEO of Summit Distributing, a St. Louis-based beer distributor. He entered the beer business in 1994 with the acquisition of a local wholesaler. The owner of the St. Louis Blues is a former lawyer who worked from 1988 to 1993, with the U.S. Department of Commerce in Washington, D.C. as a chief counsel for export administration. Before that, he was with the New York law firm Dewey, Ballantine, Bushby, Palmer & Wood, working from the firm’s New York and Washington offices from 1978 to 1988.
Mr. Stillman was born and raised in Minneapolis, Minnesota, and graduated from the University of Minnesota Law School in 1978.
He serves on the boards of the St. Louis Blues 14 Fund, Commerce Bank (St. Louis Region), the St. Louis Sports Commission, Logos School, and the Nature Conservancy in Missouri as per WashU.
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How much is the St. Louis Blues worth?
The St. Louis Blues are valued at $990 million as of December 2023 as per Forbes. Team owner Tom Stillman bought the franchise in 2012 for $180 million. In the 2022-23 season, the Blues generated $184 million in revenue, with an operating income of $41 million. The team's player expenses were $75 million and earned from ticket sales around $53 million.
In addition to game-day earnings, the Blues expanded their partnership with First Community Credit Union, which now sponsors the main entrance of the Enterprise Center and the First Community Terrace. First Community also sponsors the Blues Hall of Fame weekend, including the induction ceremony and other events for fans. Their media partners include Bally Sports Midwest for TV broadcasts and 101 ESPN for radio as per Forbes.
FAQ on St Louis Blues Owner
A. The St. Louis Blues are owned by SLB Acquisition Holdings LLC, with Tom Stillman, holding the major stake.
A. The St. Louis Blues are valued at $990 million as of December 2023 as per Forbes
A. The St. Louis Blues are sponsored by First Community Credit Union, Bally Sports Midwest, and 101 ESPN among others.
A. The St. Louis Blues have been in four Stanley Cup Finals, capturing the championship in 2019 for the first time.
