The results may not always match, but for the eighth year in a row, the New York Rangers stand alone.
According to Forbes, the Rangers are listed as the most valued NHL franchise once again at an estimated value of $2.2 billion.
Listed as a part of their NHL rankings, Forbes writes “The Blueshirts have been in four Eastern Conference finals since 2012 but have only won one Stanley Cup in the last 82 years (1994). Yet the Rangers tied with the Los Angeles Kings for the most revenue ($249 million) last season and were the only team to rake in over $100 million in non-premium ticket revenue.”
The four other teams that crack the top five list are the Toronto Maple Leafs ($2 billion), Montreal Canadiens ($1.85 billion), Chicago Blackhawks ($1.5 billion), and Boston Bruins ($1.4 billion).
NHL sales of organizations have grown at a surprising rate with the average NHL team valued now at “$1.03 billion, topping $1 billion for the first time and 19% more than a year ago.”
While the value of NHL teams continues to increase and the revenue thanks to the recently agreed upon TV deals of ESPN and Turner, recent reports estimate that the NHL cap is only expected to climb just $1 million thanks to the $70m remaining escrow balance at the end of the season.
New York will be a major focus with the cap only climbing to $1 million. Players like K’Andre Miller, Alexis Lafreniere, Filip Chytil and Kaapo Kakko are all RFAs or FA’s going into the offseason. The more money the team will be able to spend, the more likely they will be able to keep all their young talent.
As it stands though, New York doesn’t have a ton of cap space to work with. Even if they are the most profitable team in the entire league right now.
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