Report: Montreal Canadiens are 3rd most valuable NHL franchise
Posted November 1, 2022 2:40 pm.
The Montreal Canadiens are the third most valuable National Hockey League franchise.
Sportico released its 2022 valuations for each NHL franchise and the Habs placed third – with a valuation of $1.7 billion.
The Toronto Maple Leafs top the list at $2.12 billion, $110 million more than the second-place New York Rangers. All figures are quoted in U.S. dollars.
NHL teams generated $6.1 billion in revenue during the 2021-22 season, including non-NHL events, like concerts, in cases where the team owner also operates or owns the venue. It was nearly three times the prior-year revenue
Full valuation: https://t.co/Nr3uh0eab5 pic.twitter.com/Bk7uqv0c8r
— Sportico (@Sportico) November 1, 2022
Five of the Original Six teams round out the top five most valuables franchises with the Chicago Blackhawks ($1.44 billion) and Boston Bruins ($1.41 billion) coming after the Canadiens, Maple Leafs and Rangers. The Detroit Red Wings, the other Original Six franchise, sit in 10th at $1.14 billion.
Outside of Toronto and Montreal, the Edmonton Oilers (eighth, $1.29 billion) and Vancouver Canucks (11th, $1 billion) are both valued in the top half of the league and above the $1 billion mark.
The Calgary Flames are 18th ($870 million), the Winnipeg Jets are 22nd ($805 million) and the Ottawa Senators are 27th ($655 million) to round out the rest of the Canadian teams.
Although the Senators are the least valuable Canadian team, Sportico estimates a 21 per cent increase in franchise value from a year ago — the largest increase of any team by 7 per cent.
Ranked 32nd: The Arizona Coyotes, valued at $465 million, up 13 per cent from last year, when they were also ranked last.
Sportico also reports that the average NHL franchise is worth $1.01 billion, up 9 per cent from last year. It’s the first time the average has come over a billion.
