Report: Maple Leafs and Rangers valued at $2 billion

nhl power rankings
Nov 18, 2021; Toronto, Ontario, CAN; Toronto Maple Leafs center Jason Spezza (19) shoots the puck against New York Rangers goaltender Igor Shesterkin (31) during the first period at Scotiabank Arena. Mandatory Credit: Nick Turchiaro-USA TODAY Sports

The Toronto Maple Leafs and the New York Rangers are estimated to be valued at over $2 billion each by Sportico.

The average NHL franchise is worth $1.01 billion—crossing the 10-figure mark for the first time—and up 9% from a year ago. The total value of the league’s 32 clubs, including ownerships’ stakes in real estate, venues, TV networks and team-related holdings, is $32.4 billion. The Toronto Maple Leafs rank first at $2.12 billion, $110 million ahead of the New York Rangers.

Kurt Badenhausen, Sportico

Sportico: Maple Leafs and Rangers most valued

Hart Trophy Finalists maple leafs
Oct 18, 2021; Toronto, Ontario, CAN; New York Rangers goaltender Igor Shesterkin (31) makes a save on a wraparound shot by Toronto Maple Leafs forward Auston Matthews (34) during overtime at Scotiabank Arena. Mandatory Credit: John E. Sokolowski-USA TODAY Sports

Sportico based their rankings on a very comprehensive methodology that includes public information and interviews with multiple team owners, financial officers, team executives, and industry experts.

Top 5 Total Value

  • Toronto Maple Leafs ($2.12B)
  • New York Rangers ($2.01B)
  • Montreal Canadiens ($1.7B)
  • Chicago Blackhawks ($1.44B)
  • Boston Bruins ($1.41B)

The stand alone team values were very much aligned with their total values. What was noticeable is a jump of 4 spots for the Detroit Red Wings from their total value to just team value (10 to 6).

Top 5 Revenue from 2021-22

  • New York Rangers ($282M)
  • Toronto Maple Leafs ($276M)
  • Los Angeles Kings ($262M)
  • Montreal Canadiens ($257M)
  • Edmonton Oilers ($250M)

You can view Sportico’s interactive chart and read about their extensive methodology here.

Last year, Forbes ranked the New York Rangers as the top valued NHL Franchise at $2 billion. The Toronto Maple Leafs, Montreal Canadiens, Chicago Blackhawks, and Boston Bruins rounded out the top five respectively.

It was the 7th consecutive year that Forbes named the Rangers the top valued team.