Find out who owns the Colorado Avalanche NHL franchise, the owner's net worth, and the source of wealth.
The Colorado Avalanche are a household name in the NHL franchise. The team is based in Denver and is part of the Western Conference Central Division. The team was founded in 1972.
The Avalanche are one of the most successful teams in the franchise, having won multiple Stanley Cup titles, including the Presidents' Trophy, conference, and divisional titles. The Avalanche play their home games at Ball Arena in Inglewood.
Who owns the Colorado Avalanche NHL franchise?
As of February 2025, Stan Kroenke is the owner of the Colorado Avalanche through his holding company the Kroenke Sports & Entertainment.
Stan Kroenke's ownership of the Avalanche began in 2000 when he became majority owner.
Who is Stan Kroenke?
Enos Stanley Kroenke is an American businessman and sports owner. He owns multiple franchises through Kroenke Sports & Entertainment, which owns the Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Arsenal FC in the United Kingdom.
Stan Kroenke's net worth and source of wealth
Stan Kroenke according to figures from Forbes has a net worth in the region of $16.9B. His wealth comes in diverse areas, including real estate, ranches, and sports franchises, through the Kroenke Sports & Entertainment holding company.
Kroenke Group (Real Estate)
Stan Kroenke founded the Kroenke Group Real Estate company that built properties such as shopping centres and apartment buildings.
Screaming Eagle (Winery)
Stan Kroenke is also one of the key people in the ownership of the Screaming Eagle winery company.
Ranches
He owns a significant amount of ranches across the United States with an estimated size of 80k hectares.
Kroenke Sports and Entertainment
Stan Kroenke owns Kroenke Sports and Entertainment, which owns some of the biggest sports franchises across the United States. They include;
Denver Nuggets (National Basketball Association)
Stan Kroenke purchased the NBA franchise Denver Nuggets in the year 2000.
The Denver Nuggets have won one NBA and conference championship as well as other divisional titles.
Colorado Mammoth (National Lacrosse League)
He purchased the Colorado Mammoth of the NLL in 2004.
Colorado Rapids (Major League Soccer)
Kroenke is the majority shareholder of the MLS side Colorado Rapids. He purchased the team in 2004.
Arsenal FC and Arsenal FC Women
Stan Kroenke owns the Arsenal Holdings plc, which owns the Premier League club. He has been associated with the team since 2007 and became a majority shareholder after years of acquiring smaller shares.
Los Angeles Guerrillas M8 (esports)
The Los Angeles Guerrillas M8 are part of the Call of Duty League.
Los Angeles Rams
How the Colorado Avalanche has fared under his ownership
The Avalanche have been one of the most consistent teams in the NHL, especially in the playoffs and at the divisional level.
Under the ownership of Stan Kroenke, the team has won two Stanley Cups in 2000–01 and 2021–22. The Avalanche have also won many divisional titles since their establishment and relocation to Los Angeles.
The Avalanche have maintained a high level of consistency in the NHL playoffs and are one of the teams having regular appearances.
Valuation
The Colorado Avalanche are one of the most valuable teams in the NHL; franchises are currently valued around $1.7B. The team makes a significant revenue from branding, stadium, and other sponsorship deals.
Stadium
The Avalanche currently plays its home games at Ball Arena, located in downtown Denver.
The Ball Arena is a multi-purpose indoor arena that has a seating capacity of 18,007 for hockey games. It was built between 1997 and opened in 1999 at a construction cost of around US$187 million.
Trophies and Achievements
The Colorado Avalanche is one of the most successful teams in the NHL franchise with up to three Stanley Cup titles.
The Avalanche have won over three conference championships, three Presidents' Trophies, and thirteen divisional championships throughout its history. The team is also one of the most consistent teams in the NHL playoffs.
What conference are the Colorado Avalanche in?
The Avalanche are part of the Western Conference, in the Central Division.
When was the Colorado Avalanche founded?
The Colorado Avalanche were established in 1972.