Find out who owns the Calgary Flames Hockey Club. Owner's net worth, source of wealth, and ownership history of the club.
The Calgary Flames NHL franchise team is one of the most consistent teams in the league.
The Calgary Flames ice hockey team is based in Calgary and competes in the NHL as a member of the Pacific Division in the Western Conference.
Throughout its history, the team has shown to be one of the most consistent teams and has won the Stanley Cup.
Who owns the Calgary Flames?
As of January 2025, Calgary Sports and Entertainment, led by N. Murray Edwards as chairman, are the owners of the ice hockey franchise Calgary Flames, alongside other shareholders who formed the group.
List of Calgary Flames shareholders and ownership group
Calgary Flames is owned by Calgary Sports and Entertainment, which has the following shareholders as owners of the franchise.
Norman Murray Edwards
Alvin Libin
Allan Markin
Jeffrey McCaig
Byron Seaman
About the Calgary Sports and Entertainment Group
Calgary Sports and Entertainment was established by the group of sharks and succeeded the previous owner of the Calgary Flames known as the Calgary Flames Limited Partnership (CFLP).
The company included other assets that were in its possession.
Teams owned by the Calgary Sports and Entertainment
Following its establishment, the company took over assets belonging to the former CFLP company. These assets are as follows:
Calgary Hitmen
Calgary Hitmen is an ice hockey team that was established in 1995 but was acquired two years after. The team currently competes in the Western Hockey League, a junior ice hockey league in Western Canada and Northwestern United States.
Calgary Roughnecks
Calgary Roughnecks is a lacrosse team that competes in the National Lacrosse League. The team was founded in 2001 and was acquired by the group in 2011.
The Calgary Roughnecks have recorded a significant level of success in the league with the League title and divisional titles.
Calgary Stampeders
The next team in the company's portfolio is the Calgary Stampeders, who compete in the same Canadian Football League.
Following an initial minority stake, the group currently has a controlling stake in the team since 2012.
Calgary Wranglers
The next team on the list is the Calgary Wranglers that compete in the American Hockey League. The team was established in 1977 as the Maine Mariners.
Net worth and Valuation
According to figures from Forbes, the Calgary Flames are currently valued at $1.65B.
When was the team founded?
The Calgary Flames NHL franchise was founded in 1972.
Arena
The Calgary Flames currently play their home games at the Scotiabank Saddledome, which has a seating capacity of around 19,289 for ice hockey games. The arena was built at a construction cost of around C$97.7 million.
Colours
The team's traditional colours include red, yellow, and white.
What conference is the team in?
The Calgary Flames are a member of the Pacific Division in the Western Conference.
Trophies and Achievements
The Calgary Flames won its Stanley Cup title in 1988–89 and is one of the teams with at least one trophy throughout its history.
The team also boasts of other trophies, including three conference championships, two Presidents' Trophies, and eight division championships.