Forbes list of the most valuable NHL clubs
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Forbes compiles the finances of all 32 NHL teams to produce an annual ranking of the best franchises in terms of valuation. The valuations are composed of the monetary worth of the sport, market, stadium deals, and brand.[1] These areas are supported by applying financial metrics such as debt and operating income to each one.[2]
The latest ranking reported that the New York Rangers is the most valuable NHL franchise after the 2020–21 NHL season.[3] The fastest growing NHL franchise is the New York Islanders, with a 140.5% increase in valuation since the 2016–17 NHL season ($0.395 billion to $0.95 billion).[4] The Rangers have been the most valuable NHL team since the 2014–15 NHL season, totaling up to seven consecutive years.[5]
Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as CBS and Bleacher Report.[6][7] The NHL has consistently published news about the rankings since the early renditions.[8][9] The report has also applied more context to NHL trends, such as the Edmonton Oilers doubling in value in just one year.[10] Particularly, the Oilers have recently been clinching the playoffs consistently that aligns well with the opening of Rogers Place and new media deals.[11][12][13]
Ranking
Rankings as of December 8, 2021 (2020–21 NHL season)[2]
Rank | Swing[a] | Team | Territory | Value[b] | Change[c] | Debt[d] | Revenue[e] | Operating Income[f] |
---|---|---|---|---|---|---|---|---|
#1 | ![]() |
New York Rangers | ![]() |
$2 billion | ![]() |
8% | $94 million | –$20 million |
#2 | ![]() |
Toronto Maple Leafs | ![]() |
$1.8 billion | ![]() |
11% | $101 million | –$32 million |
#3 | ![]() |
Montreal Canadiens | ![]() |
$1.6 billion | ![]() |
15% | $105 million | –$18 million |
#4 | ![]() |
Chicago Blackhawks | ![]() |
$1.4 billion | ![]() |
7% | $78 million | –$41 million |
#5 | ![]() |
Boston Bruins | ![]() |
$1.3 billion | ![]() |
8% | $78 million | –$45 million |
#6 | ![]() |
Philadelphia Flyers | ![]() |
$1.2 billion | ![]() |
8% | $74 million | –$48 million |
#7 | ![]() |
Edmonton Oilers | ![]() |
$1.1 billion | ![]() |
7% | $89 million | –$23 million |
#8 | ![]() |
Los Angeles Kings | ![]() |
$1.025 billion | ![]() |
8% | $88 million | –$23 million |
#9 | ![]() |
Detroit Red Wings | ![]() |
$0.99 billion | ![]() |
9% | $74 million | –$37 million |
#10 | ![]() |
New York Islanders | ![]() |
$0.95 billion | ![]() |
34% | $73 million | –$38 million |
#11 | ![]() |
Washington Capitals | ![]() |
$0.93 billion | ![]() |
13% | $71 million | –$45 million |
#12 | ![]() |
Pittsburgh Penguins | ![]() |
$0.9 billion | ![]() |
16% | $86 million | –$47 million |
#13 | ![]() |
Seattle Kraken | ![]() |
$0.875 billion | ![]() |
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#14 | ![]() |
Vancouver Canucks | ![]() |
$0.825 billion | ![]() |
15% | $68 million | –$35 million |
#15 | ![]() |
New Jersey Devils | ![]() |
$0.775 billion | ![]() |
16% | $78 million | –$44 million |
#16 | ![]() |
Dallas Stars | ![]() |
$0.72 billion | ![]() |
22% | $77 million | –$37 million |
#17 | ![]() |
Vegas Golden Knights | ![]() |
$0.71 billion | ![]() |
21% | $76 million | –$38 million |
#18 | ![]() |
Calgary Flames | ![]() |
$0.68 billion | ![]() |
18% | $71 million | –$39 million |
#19 | ![]() |
Minnesota Wild | ![]() |
$0.675 billion | ![]() |
24% | $69 million | –$53 million |
#20 | ![]() |
Tampa Bay Lightning | ![]() |
$0.65 billion | ![]() |
23% | $80 million | –$50 million |
#21 | ![]() |
St. Louis Blues | ![]() |
$0.64 billion | ![]() |
20% | $70 million | –$52 million |
#22 | ![]() |
Colorado Avalanche | ![]() |
$0.63 billion | ![]() |
12% | $69 million | –$45 million |
#23 | ![]() |
San Jose Sharks | ![]() |
$0.625 billion | ![]() |
16% | $65 million | –$51 million |
#24 | ![]() |
Anaheim Ducks | ![]() |
$0.62 billion | ![]() |
24% | $66 million | –$46 million |
#25 | ![]() |
Nashville Predators | ![]() |
$0.6 billion | ![]() |
22% | $70 million | –$56 million |
#26 | ![]() |
Winnipeg Jets | ![]() |
$0.575 billion | ![]() |
30% | $68 million | –$46 million |
#27 | ![]() |
Carolina Hurricanes | ![]() |
$0.55 billion | ![]() |
27% | $69 million | –$43 million |
#28 | ![]() |
Ottawa Senators | ![]() |
$0.525 billion | ![]() |
38% | $67 million | –$30 million |
#29 | ![]() |
Buffalo Sabres | ![]() |
$0.5 billion | ![]() |
26% | $69 million | –$40 million |
#30 | ![]() |
Columbus Blue Jackets | ![]() |
$0.475 billion | ![]() |
28% | $67 million | –$28 million |
#31 | ![]() |
Florida Panthers | ![]() |
$0.45 billion | ![]() |
37% | $68 million | –$43 million |
#32 | ![]() |
Arizona Coyotes | ![]() |
$0.4 billion | ![]() |
78% | $66 million | –$33 million |
Composition
Team[g] | Value[b] | Sport[h] | Market[i] | Stadium[j] | Brand[k] |
---|---|---|---|---|---|
![]() |
$2.0 billion | $468 million | $893 million | $309 million | $330 million |
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$1.8 billion | $385 million | $775 million | $280 million | $360 million |
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$1.6 billion | $327 million | $839 million | $193 million | $242 million |
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$1.4 billion | $436 million | $609 million | $142 million | $214 million |
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$1.3 billion | $465 million | $457 million | $154 million | $224 million |
![]() |
$1.2 billion | $468 million | $431 million | $128 million | $174 million |
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$1.1 billion | $282 million | $460 million | $208 million | $150 million |
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$1.025 billion | $276 million | $409 million | $153 million | $186 million |
![]() |
$0.99 billion | $354 million | $413 million | $27 million | $196 million |
![]() |
$0.95 billion | $417 million | $370 million | $47 million | $116 million |
![]() |
$0.93 billion | $417 million | $312 million | $23 million | $178 million |
![]() |
$0.9 billion | $331 million | $320 million | $104 million | $146 million |
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$0.875 billion | ![]() |
![]() |
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$0.825 billion | $402 million | $296 million | $16 million | $110 million |
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$0.775 billion | $241 million | $302 million | $108 million | $124 million |
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$0.72 billion | $225 million | $295 million | $95 million | $105 million |
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$0.71 billion | $288 million | $212 million | $84 million | $126 million |
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$0.68 billion | $277 million | $273 million | $34 million | $97 million |
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$0.675 billion | $383 million | $153 million | $57 million | $81 million |
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$0.65 billion | $216 million | $151 million | $138 million | $145 million |
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$0.64 billion | $349 million | $155 million | $51 million | $84 million |
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$0.63 billion | $364 million | $145 million | $51 million | $69 million |
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$0.625 billion | $436 million | $107 million | $38 million | $44 million |
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$0.62 billion | $317 million | $172 million | $25 million | $106 million |
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$0.6 billion | $326 million | $138 million | $67 million | $68 million |
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$0.575 billion | $370 million | $114 million | $30 million | $61 million |
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$0.55 billion | $271 million | $160 million | $57 million | $62 million |
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$0.525 billion | $330 million | $135 million | $1 million | $59 million |
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$0.5 billion | $269 million | $149 million | $29 million | $53 million |
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$0.475 billion | $289 million | $103 million | $36 million | $47 million |
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$0.45 billion | $283 million | $90 million | $25 million | $52 million |
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$0.4 billion | $241 million | $96 million | $30 million | $34 million |
Historical valuations
Team | 2020–21 | 2019–20 | 2018–19 | 2017–18 | 2016–17 | 2015–16 | 2014–15 | 2013–14 | 2012–13 | 2011–12 |
---|---|---|---|---|---|---|---|---|---|---|
![]() |
2,000 | 1,700 | 1,700 | 1,600 | 1,500 | 1,300 | 1,200 | 1,100 | 850 | 750 |
![]() |
1,800 | 1,500 | 1,500 | 1,500 | 1,400 | 1,100 | 1,200 | 1,300 | 1,200 | 1,000 |
![]() |
1,600 | 1,300 | 1,300 | 1,300 | 1,300 | 1,100 | 1,200 | 1,000 | 775 | 575 |
![]() |
1,400 | 1,100 | 1,100 | 1,100 | 1,000 | 925 | 925 | 825 | 625 | 350 |
![]() |
1,300 | 1,000 | 1,000 | 925 | 890 | 800 | 750 | 750 | 600 | 348 |
![]() |
1,200 | 800 | 825 | 800 | 740 | 720 | 660 | 625 | 500 | 336 |
![]() |
1,100 | 550 | 575 | 540 | 520 | 445 | 455 | 475 | 400 | 225 |
![]() |
1,025 | 825 | 850 | 810 | 750 | 600 | 580 | 580 | 450 | 276 |
![]() |
990 | 775 | 800 | 775 | 700 | 625 | 600 | 570 | 470 | 346 |
![]() |
950 | 520 | 520 | 440 | 395 | 385 | 325 | 300 | 195 | 155 |
![]() |
930 | 750 | 775 | 725 | 625 | 575 | 565 | 500 | 414 | 250 |
![]() |
900 | 650 | 665 | 650 | 650 | 570 | 560 | 565 | 480 | 288 |
![]() |
875 | 0[l] | 0[l] | 0[l] | 0[l] | 0[l] | 0[l] | 0[l] | 0[l] | 0[l] |
![]() |
825 | 725 | 740 | 735 | 730 | 700 | 745 | 800 | 700 | 342 |
![]() |
775 | 530 | 550 | 455 | 400 | 320 | 330 | 330 | 320 | 205 |
![]() |
720 | 575 | 600 | 525 | 515 | 500 | 450 | 420 | 333 | 240 |
![]() |
710 | 570 | 580 | 575 | 500 | 0[l] | 0[l] | 0[l] | 0[l] | 0[l] |
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680 | 480 | 500 | 450 | 430 | 410 | 435 | 451 | 420 | 245 |
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675 | 500 | 510 | 490 | 440 | 400 | 380 | 370 | 330 | 218 |
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650 | 470 | 470 | 445 | 390 | 305 | 260 | 230 | 180 | 174 |
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640 | 510 | 530 | 465 | 450 | 310 | 270 | 235 | 185 | 130 |
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630 | 465 | 475 | 430 | 385 | 360 | 360 | 360 | 337 | 210 |
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625 | 515 | 540 | 510 | 490 | 470 | 445 | 425 | 405 | 223 |
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620 | 460 | 480 | 460 | 460 | 415 | 400 | 365 | 300 | 192 |
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600 | 435 | 460 | 425 | 380 | 270 | 255 | 250 | 205 | 167 |
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575 | 405 | 420 | 415 | 375 | 340 | 350 | 358 | 340 | 200 |
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550 | 440 | 450 | 420 | 370 | 230 | 225 | 220 | 187 | 162 |
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525 | 430 | 445 | 435 | 420 | 355 | 370 | 400 | 380 | 220 |
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500 | 385 | 400 | 375 | 350 | 300 | 300 | 288 | 250 | 175 |
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475 | 310 | 325 | 320 | 315 | 245 | 226 | 200 | 175 | 145 |
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450 | 295 | 310 | 295 | 305 | 235 | 186 | 190 | 240 | 170 |
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400 | 285 | 300 | 290 | 300 | 240 | 220 | 225 | 200 | 134 |
Notes
- ^ Movement of spots in the ranking from the 2016–17 NHL season to the 2020–21 NHL season.
- ^ a b Value of team (in USD) based on current stadium deal (unless new stadium is pending), without deduction for debt (other than stadium debt).
- ^ Change of valuation from the 2016–17 NHL season to the 2020–21 NHL season.
- ^ Expressed as the percentage of valuation that is debt. Includes stadium debt.
- ^ Revenue in USD.
- ^ Earnings (in USD) before interest, taxes, depreciation and amortization.
- ^ a b Financial data taken from each team profile on Forbes.
- ^ Portion of franchise's value attributable to revenue shared among all teams.
- ^ Portion of franchise's value attributable to its city and market size.
- ^ Portion of franchise's value attributable to its arena.
- ^ Portion of franchise's value attributable to its brand.
- ^ a b c d e f g h i j k l m n Club did not exist to be attributed a financial valuation.
See also
References
- ^ "New York Rangers Profile". Forbes. Retrieved 2 April 2022.
- ^ a b "NHL Team Values 2021". Forbes. Retrieved 2 April 2022.
- ^ "The Business of Hockey List". Forbes. Retrieved 2 April 2022.
- ^ "New York Islanders Profile". Forbes. Retrieved 2 April 2022.
- ^ "Rangers top Forbes' list of NHL team values as 1st franchise worth $2B". Score Media and Gaming. Retrieved 2 April 2022.
- ^ "New York Rangers tabbed as most valuable NHL franchise, Maple Leafs and Canadiens round out the top three". National Hockey League. Retrieved 2 April 2022.
- ^ "Rangers Top Forbes' 2021 List of Most Valuable NHL Teams; NYR Becomes 1st $2B Team". Bleacher Report. Retrieved 2 April 2022.
- ^ "Maple Leafs first NHL team worth $1 billion, according to Forbes magazine". National Hockey League. Retrieved 2 April 2022.
- ^ "Forbes: Maple Leafs most valuable NHL team at $332 million; Capitals are last". National Hockey League. Retrieved 2 April 2022.
- ^ "Edmonton Oilers Profile". Forbes. Retrieved 2 April 2022.
- ^ "NHL Records - Edmonton Oilers". National Hockey League. Retrieved 2 April 2022.
- ^ "Home of the Katz Group". Katz Group of Companies. Retrieved 2 April 2022.
- ^ "Sportsnet announces 2021-22 Edmonton Oilers broadcast schedule". Sportsnet. Retrieved 2 April 2022.