The New York Rangers Remain in the Top Spot for the Fifth Consecutive Year
Forbes 2019 NHL Valuations
New York, NY (Dec. 11, 2019) – Forbes today reveals the 21st annual ranking for the National Hockey League’s 31 teams and the New York Rangers maintain the No. 1 spot on the list for the fifth consecutive year, worth $1.65 billion. The Toronto Maple Leafs follow in the second spot, worth $1.5 billion, followed by the Montreal Canadiens, who take the No. 3 spot and are valued at $1.34 billion.
“Despite not making the playoffs for the past two seasons, the New York franchise has maintained their position in part because of their location in the city with the biggest companies,” said Mike Ozanian, Managing Editor, Forbes. “In the past two seasons, the Rangers have lost more games than they’ve won but have managed to make the most revenue ($270 million) and operating income ($123 million) in the league during the 2018-19 season.”
The average value of each NHL team rose 6% over the past season, to $667 million. Rounding out the top five most valuable NHL teams are the Chicago Blackhawks (No. 4) and the Boston Bruins (No.4), worth $1 billion and $925 million, respectively.
For the complete list and more, visit: The NHL’S Most Valuable Teams
Methodology: Revenue and operating income are for the 2018-19 season, include postseason and applicable non-NHL arena revenue, and are net of revenue sharing and arena debt service. All figures are in U.S. dollars based on average exchange rate during 2017-18 season. Team values are enterprise values (equity plus net debt) of teams based on current arena deal (unless new arena is pending). Operating income is earnings before interest, taxes, depreciation and amortization. Debt includes arena when recourse to team owner.
Media Contacts:
Christina Vega at CVega@forbes.com or 212.206.5155
Jocelyn Swift at JSwift@forbes.com or 212.367.3172
