Sunday, August 9, 2026

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

The Warner Bros. Water Tower is pictured at Warner Bros. Studios in Burbank on the day it was announced that California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros. Discovery in California, U.S. July 13, 2026.

WBD Ad Sales Sink Without NBA Live Rights

WBD’s fiscal second-quarter revenue fell 11%.
Troy Aikman and Joe Buck arrive at the Disney Upfront 2022 event in New York City, New York, U.S., May 17, 2022. REUTERS/David Dee Delgado

Aikman, Buck Head Into High-Stakes ESPN Negotiations

ESPN hopes to retain the duo past the network’s first Super Bowl.
Joey Spallina of the Maryland Whipsnakes

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
podcast thumbnail mobile
Front Office Sports Today

Investing in Women’s Sports. A Conversation with Jason Wright

0:00

Featured Today

FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Tom's Watch Bar
July 17, 2026

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.

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

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
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.