Who Owns the Montreal Canadiens?

There are numerous reasons to be optimistic about the future of the Montreal Canadiens, who boast an exciting young core and aim to continually improve their NHL odds to win the Stanley Cup. 

But who owns the team valued as one of the league’s most expensive franchises? 

Who Is the Owner of the Montreal Canadiens?

CH Group owns the Montreal Canadiens, with Geoff Molson as the president, CEO, and co-owner alongside his brothers, Andrew Molson and Justin Molson. 

They also own Evenko, a Montreal-based event promoter, Bell Centre, and L’Équipe Spectra, a Canadian entertainment company. 

Along with several acquisition partners, including BCE Inc., the Woodbridge Limited Company, the Fonds de solidarité FTQ, the National Bank Financial Group, and Luc Bertrand, the Molsons purchased the Canadiens in 2009.

Does Bell Own the Montreal Canadiens?

No, Bell (Cell Canada Enterprises/BCE Inc.) does not own the Canadiens. However, Bell remains a minority partner, owning 18% of the team. 

How Much Did Molson Buy the Habs For?

In 2009, Molson purchased the Canadiens and the Bell Centre for $575 million. It was the most paid for a hockey franchise at that time. 

The Habs were valued at $3.1 billion at the end of 2024, the third highest of any NHL franchise. The Toronto Maple Leafs are worth the most ($3.8 billion), and the New York Rangers are valued at $3.5 billion. 

How Much Is the Molson Family Worth?

The Molson family was worth approximately $1.8 billion as of 2023. 

Molson merged with Coors in the mid-2000s, and the corporation is known as Molson Coors. While the brewery represents their most well-known holding, the Molsons also run a philanthropic foundation, called the Molson Family Foundation. 

It supports education and the arts in Canada.