Of note regarding the new investors in the #hurricanes:
— Chris Johnston (@reporterchris) March 12, 2026
Bobby Farnham -- one of three new minority owners in Carolina -- played 67 NHL games for Pittsburgh, New Jersey and Montreal from 2014-17 before attending Harvard Business School and co-founding Fourth Line Capital.
NHL News: Former hockey player Bobby Farnham has made a major move off the ice by joining the Carolina Hurricanes ownership group.
Former NHL Player Bobby Farnham Joins Carolina Hurricanes Ownership Group
Raleigh, North Carolina: Former National Hockey League (NHL) forward Bobby Farnham has joined the ownership group of the Carolina Hurricanes as a minority investor. The team confirmed that Farnham is one of three new partners joining the franchise alongside current majority owner Tom Dundon.
Along with Farnham, business executives Brett Jefferson and Marc Grandisson have also acquired minority stakes in the NHL franchise. Dundon will continue to remain the majority owner and governor of the Hurricanes.
New Investment Strengthens Hurricanes Ownership
The addition of the three investors marks an important development for the Carolina Hurricanes organization. According to reports, the deal involves the sale of roughly 12.5 percent of the franchise, valuing the team at around $2.6 billion.
Although exact financial terms of the agreement were not officially disclosed, the investment highlights the growing financial value of NHL teams and the increasing interest from business leaders and former players in sports ownership.
Bobby Farnham’s Journey From Player to Investor
Bobby Farnham, now retired from professional hockey, previously played in the NHL as a forward for teams including the Pittsburgh Penguins, New Jersey Devils, and Montreal Canadiens. Known for his energetic playing style, Farnham built a reputation as a hardworking player during his time in the league.
After stepping away from professional hockey, Farnham moved into the investment sector. His experience as a former NHL player is expected to bring valuable insight into the sporting and operational side of the Hurricanes organization.
Business Leaders Join the Hurricanes
In addition to Farnham, the Hurricanes ownership group also welcomed Brett Jefferson, an asset management executive, and Marc Grandisson, a former insurance industry leader. Both investors bring strong business expertise that could help support the franchise’s long-term growth.
The Hurricanes believe that the combination of sports experience and financial leadership will help strengthen the team’s future both on and off the ice.
Carolina Hurricanes Continue to Grow
Since Tom Dundon became majority owner in 2018, the Carolina Hurricanes have experienced significant progress in terms of team performance and franchise value. The team has become one of the more competitive clubs in the NHL while also expanding its fan base.
The addition of new minority owners is seen as a strategic move that will help the franchise continue growing while maintaining stability in its leadership structure.
| Team | Carolina Hurricanes |
|---|---|
| League | National Hockey League (NHL) |
| Majority Owner | Tom Dundon |
| New Minority Owners | Bobby Farnham, Brett Jefferson, Marc Grandisson |
| Estimated Franchise Value | About $2.6 Billion |