The Rangers Still Are The NHL’s Most Valuable Franchise

Forbes has released their 18th annual valuation of the National Hockey League’s teams. The New York Rangers found themselves at the top of the list for the second consecutive year, with a worth of $1.25 billion. This is a 4% value change from the previous year. Teams that also topped the list were the Montreal Canadians ($1.2 billion), Toronto Maple Leafs ($1.10 billion), and the Chicago Blackhawks ($925 million).

Overall, NHL teams have all seen a team value increase of 3% since 2015. The average NHL team is now worth $517 million. In 2014, the average NHL team value rose 18.6%, which is six times more than it increased this year. The primary reasons for the high overall profitability the past two seasons is due to the 2014-15 season was the first the league’s lower (relative to revenue) salary cap as well as a 12-year, $5.23 billion (Canadian) media deal with Rogers Communications.

The top 10 Forbes NHL team valuation are as listed below.

RankTeamOwnerValue1-Year ValueRevenueOperating
($mil)Change (%)($mil)Income($mil)
1New York RangersMadison Square Garden1.25421974.5
2Montreal CanadiensMolson Family1.12-520276.9
3Toronto Maple LeafsBell Canada, Rogers Communications Larry Tanenbaum1.10-418668.0
4Chicago BlackhawksRocky Wirtz925017334.4
5Boston BruinsJeremy Jacobs800716933.5
6Philadelphia FlyersComcast Spectacor720916024.7
7Vancouver CanucksAquilini Investment Group700-614629.6
8Detroit Red WingsMichael & Marian Ilitch62541376.1
9Los Angeles KingsPhilip Anschutz6003142-0.4
10Washington CapitalsTed Leonsis575213611.7


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