• SHARE:
  • email
  • Bookmark and Share

Maple Leafs first NHL team worth $1 billion, according to Forbes magazine

Toronto Maple Leafs captain Dion Phaneuf reacts after scoring the game-winning goal against theTampa Bay Lightning during overtime NHL action in Toronto on Thursday, April 5, 2012. The Toronto Maple Leafs are the first NHL team worth $1 billion, according to Forbes magazine.THE CANADIAN PRESS/Nathan Denette

Zoom Image

Toronto Maple Leafs captain Dion Phaneuf reacts after scoring the game-winning goal against theTampa Bay Lightning during overtime NHL action in Toronto on Thursday, April 5, 2012. The Toronto Maple Leafs are the first NHL team worth $1 billion, according to Forbes magazine.THE CANADIAN PRESS/Nathan Denette

NEW YORK, N.Y. - The Toronto Maple Leafs are the first NHL team worth US$1 billion, according to Forbes magazine.

The Leafs, who have not won a Stanley Cup since 1967, are worth $250 million more than the next most valuable franchise, the New York Rangers. The Montreal Canadiens are worth $575 million.

The Chicago Blackhawks ($350 million), Boston Bruins ($348 million) and Detroit Red Wings ($346 million) round up the top six, meaning the league's six original franchises are also its most valuable.

The Vancouver Canucks are the next Canadian team on the list, in seventh at $342 million. The Calgary Flames are in 12th at $245 million, the Edmonton Oilers are ranked 14th at $225 million, the Ottawa Senators 16th at $220 million and the Winnipeg Jets 20th at $200 million.

The Jets saw their value jump after their first full season in Winnipeg. Forbes valued the franchise at $164 million last year and at $135 million in 2010, before the team moved north.

Least valuable of the 30 teams are the St. Louis Blues at $130 million and the Phoenix Coyotes at $134 million.

The Stanley Cup champion Los Angeles Kings are worth $276 million, 10th overall.

Forbes says the NHL's total revenues were $3.4 billion for the 2011-12 season. Fuelled by that nine per cent increase, the average NHL team is worth $282 million, 18 per cent more than a year ago.

With the players locked out by owners, the NHL already has cancelled 422 regular-season games. Forbes reports that 13 teams lost money last season.

The Leafs, Rangers (last Stanley Cup in 1994) and Canadiens (last title in 1993) account for 83 per cent of the league's income, with Toronto the most profitable franchise at $81.9 million, followed by the Rangers at $74 million and Montreal at $51.6 million.

___

Online: www.forbes.com/nhl-valuations

More Stories

Maple Leafs make defensive-zone changes at start of training camp

TORONTO - The first practice of Toronto Maple Leafs training camp was brought to you by the...

Maple Leafs hire Brandon Pridham as assistant to the general manager

TORONTO - The Toronto Maple Leafs have hired Brandon Pridham as the assistant to general manager...

Maple Leafs president Brendan Shanahan says off-season work still going on

TORONTO - Brendan Shanahan's first off-season as Toronto Maple Leafs president is almost over,...

Maple Leafs only NHL team on Forbes list of most valuable sports franchises

The Maple Leafs are the only NHL team on Forbes's list of the 50 most valuable franchises in...
blog comments powered by Disqus

THN on Twitter

What do you think the struggling Toronto Maple Leafs need more right now – a major trade, or to fire coach Randy Carlyle?




Contests

Our Partners