Friday, April 24, 2026
FOS Expands to TV More Details

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.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

New Photos of Vrabel, Russini at NYC Bar Leak Hours Before Draft

The photos were taken at a New York City bar in 2020.
Zaslav

WBD Shareholders Approve Sale, Reject Pay Package for Zaslav

The combined company would have one of the largest sets of sports rights in the industry.
INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Apr 18, 2026; Fort Worth, TX, USA; The University of Minnesota gymnastics team poses with their trophy after finishing in fourth place in the 2026 NCAA Women’s Gymnastics National Championships at Dickies Arena. Mandatory Credit: Jerome Miron-Imagn Images

ESPN Defends NCAA Gymnastics Broadcast After Minnesota Backlash

Minnesota blasted ESPN for showing its routines less than other teams.

Featured Today

Quinnipiac women's varsity rugby

The Death of Quinnipiac Women’s Varsity Rugby

The sudden decision at Ilona Maher’s alma mater left players blindsided.
April 17, 2026

The Lawyer Steering the NIL Era

In the new era of college sports, Darren Heitner is everywhere.
blake griffin
April 14, 2026

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.
Matthew Schaefer/Front Office Sports
April 10, 2026

Matthew Schaefer Has the Hockey World in His Thrall

The teenage Islanders defenseman cannon-balled into the NHL.

Caleb Williams’s Investment Playbook: ‘No Vices’

The Bears QB has put money into sports, tech, and wellness start-ups.
[Subscription Customers Only] Jul 13, 2025; East Rutherford, New Jersey, USA; Chelsea FC midfielder Cole Palmer (10) celebrates winning the final of the 2025 FIFA Club World Cup at MetLife Stadium
February 21, 2026

Soccer’s ‘Crown Jewels’ Are Devouring Smaller Clubs

Mega conglomerates are feeding a big business machine. Fans are furious.
Reggie Bush speaks on unionizing college football players during the Rose Bowl Hall of Fame induction ceremony at the University Club of Pasadena in Pasadena, Calif. Tuesday, Dec. 31, 2024.
March 5, 2026

Former NFL Pros Launch PE Firm for Emerging Leagues

Terrence C. Murphy and Reggie Bush are targeting $150 million for their debut fund.
Sponsored

Why Brandon Marshall Bet on Athlete-Owned Media

Brandon Marshall on athlete media, life after football, building I AM ATHLETE.
Dec 30, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) reacts after scoring a basket against the Detroit Pistons during the second half at Crypto.com Arena
January 4, 2026

Pro Team Valuations Are Set to Keep Climbing in 2026

Asset scarcity and increasing media-rights deals underpin soaring valuations.
December 27, 2025

‘Why Not the Dodgers?’: How Billie Jean King Became an LA Owner

“Getting involved with the Dodgers literally changed our lives,” Ilana Kloss says.
December 23, 2025

Ben Simmons Buys a Sport Fishing Team

“I think I can really help this league grow,” Simmons told FOS.
Jacksonville Jumbo Shrimp mascot Scampi waves to fans during Opening Day baseball against the Gwinnett Stripers on March 29, 2024.
December 17, 2025

Private Equity Dives Further Into Minor League Baseball

Seven MiLB teams have changed hands in the last week.