- Forbes: Rangers most valuable NHL team at $1.2 billion
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- Canadiens rip Rangers behind pair from Devante Smith-Pelly
- NHL COO John Collins stepping down from post
- Canadiens' Brendan Gallagher out indefinitely after surgery on fractured fingers
- Justin Faulk nets 2 goals as Hurricanes edge Kings
- Jeff Petry nets pair, Carey Price stops 33 shots as Habs top Isles
- NHL to implement five-day 'bye week' next season
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- Kings ban goalie prospect Patrik Bartosak following alleged domestic vioence incodent
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- Senators' netminder Andrew Hammond injured during practice
- Patrick Kane scores 13th goal as Blackhawks douse Flames
- Stars pay tribute to Paris by playing French national anthem before game
- Dan Boyle shines in shootout as Rangers notch 8th straight win
- Red Wings sign Justin Abdelkader to seven-year extension
- Canadiens' Carey Price out remainder of week with lower-body injury
- Lightning's Ondrej Palat out 3-5 weeks with lower-body injury
- Rasmus Ristolainen scores twice as Sabres down Canucks
- Blues activate Kevin Shattenkirk from IR, ink Marvin Havlat
Forbes: Rangers most valuable NHL team at $1.2 billion
Sat, 28 Nov 2015 01:20:43 +0000
New York, NY, United States (4E Sports) - The New York Rangers are currently the most valuable team in the NHL, with an estimated value of $1.2 billion, according to Forbes.com.
This marked the first time since 2006 that the most valuable team in the NHL was not the Toronto Maple Leafs. The Rangers are owned by James Dolan.
Forbes credited deep playoff runs in recent years and the renovation of Madison Square Garden as key contributors to the growth of the Rangers' franchise.
The Montreal Canadiens came in second with a valuation of $1.18 billion with their deal with RDS for the club's local French-language TV rights was a key contributor to the Habs being the only team north of the border to see an increase in value.
The Maple Leafs have finally been displaced from their perch at the top of the list and now sit third at a value of $1.15 billion.
The Florida Panthers were the lowest-valued franchise. According to Forbes, the team is worth $186 million.
Forbes.com said the average NHL team is now worth $505 million, which is a 3% increase from 2014. Revenue averaged $133 million per team for the 2014-15 season, 8% more than the previous season.
Meanwhile, operating income averaged $15 million, almost identical to the 2013-14 season.
NHL's most valuable teams per Forbes.com (Worth)
1. New York Rangers ($1.2 billion)
2. Montreal Canadiens ($1.18 billion)
3. Toronto Maple Leafs ($1.15 billion)
4. Chicago Blackhawks ($925 million)
5. Boston Bruins ($750 million)
6. Vancouver Canucks ($745 million)
7. Philadelphia Flyers ($660 million)
8. Detroit Red Wings ($600 million)
9. Los Angeles Kings ($580 million)
10. Washington Capitals ($565 million)
11. Pittsburgh Penguins ($560 million)
12. Edmonton Oilers ($455 million)
13. Dallas Stars ($450 million)
14. San Jose Sharks ($445 million)
15. Calgary Flames ($435 million)
16. Anaheim Ducks ($400 million)
17. Minnesota Wild ($380 million)
18. Ottawa Senators ($370 million)
19. Colorado Avalanche ($360 million)
20. Winnipeg Jets ($350 million)
21. New Jersey Devils ($330 million)
22. New York Islanders ($325 million)
23. Buffalo Sabres ($300 million)
24. St. Louis Blues ($270 million)
25. Tampa Bay Lightning ($260 million)
26. Nashville Predators ($255 million)
27. Columbus Blue Jackets ($226 million)
28. Carolina Hurricanes ($225 million)
29. Arizona Coyotes ($220 million)
30. Florida Panthers ($186 million)