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If the moribund, money-losing Carolina Hurricanes are worth US$500 million — and there were reports in the past week a sale for that price is being negotiated — then ask yourself this: What are the promising, profitable Winnipeg Jets worth?
It depends, of course, upon who is doing the valuing.
To David Thomson, the billionaire, Toronto-based part owner of True North Sports and Entertainment, the Jets are a tiny but profitable piece in a massive portfolio.