New York Rangers are listed as the NHL’s most valuable team for the eighth year in a row
New York Rangers are listed as the NHL’s Most Valuable Team for the eighth consecutive year, as they top Forbes’ latest rankings, ahead of the Maple Leafs, at $2.2 BILLION…
New York Rangers have been listed as the most valuable NHL team for the eighth consecutive year, with their value estimated by Forbes at a staggering $2.2 BILLION.
The team, owned by James Dolan and MSG Sports, tops the list despite not winning any of their four Stanley Cups since 1994.
This season, the Manhattan team is only the fifth-best team in the Metropolitan Division, having won just 15 of their 30 games so far.
The New York Rangers celebrate a 4-3 victory in overtime against the New Jersey Devils
James Dolan (center), who also owns the New York Knicks, will welcome the appreciation
NHL’S MOST VALUABLE
1. New York Rangers, $2.2 billion
2. Toronto Maple Leafs, $2 billion
3. Montreal Canadiens, $1.85 billion
4. Chicago Blackhawks, $1.5 billion
5. Boston Bruins, $1.4 billion
6. Los Angeles Kings, $1.3 billion
7. Edmonton Oilers, $1.275 billion
8. Philadelphia Flyers, $1.25 billion
9. Washington Capitals, $1.2 billion
10. Seattle Kraken, $1.05 billion
But despite their average form on the ice, their finances look rosy off the ice, with the second-seeded Toronto Maple Leafs ($2 billion) in tow.
In general, as reported by Sports front officeNHL team valuations are up 19% this year, while the Rangers themselves are up 10% from 2021.
Much of the league-wide boost is due to the new media rights deal with Disney’s ESPN and Warner Bros. Discovery Sports, which will see the league pay a whopping $400 million a year from ESPN and $250 million a year from Warner Bros.
Third in the list of the top 10 are the Montreal Canadiens owned by the Molson family ($1.85 billion), while the Chicago Blackhawks round out the top four with their $1.5 billion valuation.
This week saw some movement in the owners’ stable as well, with Samantha Holloway joining her father David Bonderman as co-owner of the Seattle Kraken.
Holloway becomes the third NHL franchise owner, joining Ann Walton Kroenke of the Colorado Avalanche and Kim Pegula of the Buffalo Sabres.
The Toronto Maple Leafs are listed as the second most valuable team in the NHL this year