The Most Valu­able NHL Fran­chises

Forbes - - Sportsmoney -

FOR THE FIRST TIME since 2004 the New York Rangers are the most valu­able team in the Na­tional Hockey League, worth $1.2 bil­lion—a num­ber that got a big boost from the $1 bil­lion ren­o­va­tion of Madi­son Square Gar­den two years ago and the team’s run to the Stan­ley Cup fnals in 2014 and semif­nals in 2015.

The Mon­treal Cana­di­ens, worth $1.18 bil­lion, take the sec­ond slot thanks to a new lo­cal tele­vi­sion deal that be­gan last sea­son. The Toronto Maple Leafs, the most valu­able fran­chise for the last decade, slip to third ($1.15 bil­lion). The Leafs have made just one playof ap­pear­ance since 2006, and their 13­year sell­out streak at the Air Canada Cen­tre ended last March.

The av­er­age NHL team is now worth $505 mil­lion, up 3% over a year ago. Most of the seven Cana­dian teams fell in value, though, as the Cana­dian dol­lar dropped 10% against the green­back dur­ing the 2014–15 sea­son. 1. sid­ney Crosby Pitts­burgh Pen­guins To­tal earn­ings: $16.5 mil­lion

salary: $12 Mil­lion en­dorse­ments: $4.5 mil­lion

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