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  September 5, 2001
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Home > Company Index > Leisure > Professional Sports Teams & Organizations > Carolina Hurricanes Hockey Club

Carolina Hurricanes Hockey Club
 PROFILE
The Carolina Hurricanes have a whale of a tale to tell. The hockey team was founded in 1971 as the New England Whalers by Howard Baldwin (who would later own the Pittsburgh Penguins) and originally represented Boston in the World Hockey Association (WHA). In 1975 the team moved to Connecticut to become the Hartford Whalers and joined the NHL in 1979 when the WHA folded. A group led by Compuware founder and chairman Peter Karmanos bought the team for $47.5 million in 1994 and moved it to Greensboro, North Carolina, in 1997. A cool reception from fans brought losses of $30 million that year. The Hurricanes now play in the $152 million Entertainment and Sports Arena in Raleigh, North Carolina.

 COMPETITION
Atlanta Hockey Club, Inc. (dossier)
Tampa Bay Lightning (dossier)
Washington Capitals (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 45.40
1-Yr. Sales Growth: (2.8)%
Employees: 100
Revenue per employee: $454,000.00

 KEY PEOPLE
• Jim Rutherford
    CEO
• Michael Amendola
    CFO

 CONTACT INFO
1400 Edwards Mill Rd.
Raleigh, NC 27607
US
Phone: 919-467-7825
Fax: 919-462-7030
Online: Web Site

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