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Rangers remain most valuable franchise followed by Leafs, Habs — Forbes

December 5, 2018 5:22 PM
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The Vegas Golden Knights had a 15-per-cent boost in value to $575 million, good for 12th in the league, after becoming the first expansion team to advance to the Cup final.

At the other end of the list are the Florida Panthers (30th, $295 million) and Arizona Coyotes (31st, $290 million). The clubs were the only two to lose value according to Forbes, down three per cent each.

The Canadian teams are rounded out by Edmonton (13th, $540 million), Calgary (20th, $450 million), Ottawa (23rd, $435 million) and Winnipeg (27th, $415 million). The Jets’ value jumped 11 per cent thanks to the team’s run to the Western Conference final.

According to the list, the value of the average NHL team rose six per cent during the past year, to a record $630 million.

The release of the list comes on the heels of the NHL approving a 32nd team in Seattle for a hefty expansion fee of $650 million.

Also read: Toronto FC draws Panamanian club for Champions League opener

Source: thestar.com

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