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Wednesday, October 8, 2025

NHL Team Values Surge 19% With Rangers Leading Way

  • The New York Rangers are the NHL’s most-valuable team at $2.2 billion.
  • The Toronto Maple Leafs are the second-most valuable in the NHL with a $2 billion valuation.
New York Rangers players celebrate together in the middle of the ice
Brad Penner-USA TODAY Sports

Forbes unveiled its list of the most valuable NHL teams in 2022 — and the New York Rangers lead the group at $2.2 billion. 

It marks the eighth straight year the Blueshirts have owned the top spot.

The NHL’s 32 teams are now worth a record $1.03 billion on average — a 19% increase year-over-year — behind increased media revenue and team-related transactions. 

  • Owned by Madison Square Garden Sports, the Rangers’ valuation is up 10% compared to last year.
  • The Toronto Maple Leafs, owned by Bell Canada, Larry Tanenbaum, and Rogers Communications, are the second-most valuable in the NHL with a $2 billion valuation.
  • The Molson family’s Montreal Canadiens are the third-most valuable at $1.85 billion, a 16% increase year-over-year.
  • The Chicago Blackhawks, owned by Rocky Wirtz, round out the top four with a $1.5 billion valuation.

The NHL has benefited from its media rights deals with Disney’s ESPN and Warner Bros. Discovery Sports. In 2021, ESPN secured a rights deal with the NHL that pays the league $400 million annually until 2028, while Warner Bros. Discovery pays $250 million per year. 

New Ownership

The NHL recently added a new team owner to its latest expansion franchise. 

On Monday, Samantha Holloway — founder of tech companies GoSpotCheck and Hat Labs — joined her father David Bonderman as co-owner of the Seattle Kraken, becoming the third NHL franchise with a female owner.

Seattle Kraken skaters celebrate with goaltender Martin Jones

Seattle Kraken Among Growing List of Teams With Female Owners

The Kraken are now the third NHL franchise with a female owner.
December 12, 2022

Holloway was previously a minority investor in the Kraken and joins Ann Walton Kroenke of the Colorado Avalanche and Kim Pegula of the Buffalo Sabres as female NHL team owners.

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