In 2011, after then-commissioner Bud Selig rejected a proposed $3-billion local television deal between the Dodgers and Fox Sports, McCourt took the team into bankruptcy court before agreeing to sell. That meant Selig and the MLB owners would not pick the new Dodgers owner. McCourt would, in a process controlled by the court.
Sportico, a leading resource for sports business news, presented its 2025 valuations of every team in the NHL on Wednesday, and the Caps are ranked ninth out of the 32 clubs. While that ranking may not sound impressive, the valuation certainly is. Sportico estimates the Capitals crossed the $2 billion mark for the first time and are worth $2.3 billion. The franchise's valuation has increased by 24 percent from the $1.86 billion valuation it received at the same time last year.