NHL Teams By Revenue (Hockey Teams Ranked In Order) are 1. New York Rangers 2. Los Angeles Kings 3. Toronto Maple Leafs and 29 more.
In the 2021-22 season, the revenue per team averaged just over US $185 million, compared with the previous record of $164 million in 2019-20.
Since the 50-50 split made between the owners and players for hockey-related revenue at the beginning of the 2013 season, the profits of the NHL franchises have soared.
The current player's share of 50% from 57%, where it stood from 2008 through 2012, has allowed the teams to average their operational income to $49 million, almost double the previous high of $25 million in 2018 and 2019.
Toronto Maple Leafs is the most profitable NHL hockey team as of 2022. The club reportedly has an operating income of $116 million, as of 2022.
They are a Toronto-based professional ice hockey team that competes in the NHL as a member of the Atlantic Division in the Eastern Conference.
Founded in 1917, the club is currently owned by Maple Leaf Sports & Entertainment and it's the second most valuable NHL team with a valuation of $2 billion, as per Forbes.
The club reportedly grossed approximately $248 million in annual revenue, up by 11.2 percent from 2020, according to the latest reports.
After agreeing to a multilayer deal with Dairy Farmers of Ontario (DFO) to be the team's first-ever jersey patch sponsor, the Leafs' kit currently features the logo of DFO, which has further helped them increase their valuation.
Most Valuable NHL Franchises and Teams 2023
The most valuable NHL franchises and teams in 2023 include 1. New York Rangers 2. Toronto Maple Leafs 3. Montreal Canadiens and more.
The average NHL franchise is now worth US $1.01 billion, a nine percent increase since it's last year valuation.
As stated above, New York Rangers have been the most valuable team in 2022, worth US $2.2 billion, a 37.5 percent increase from its 2017-18 valuation.
Likewise, some of the parameters that have helped these teams achieve such a wealthy status are:
Championship Titles
Montreal Canadiens is by far the team with the most decorated trophy cabinet, having lifted the Stanley Cup 24 times.
Here are the five most wealthy NHL clubs that have lifted the most number of Stanley Cups.
Montreal Canadiens - 24 wins
Toronto Maple Leafs - 13 wins
Boston Bruins - 6 wins
Chicago Blackhawks - 5 wins
New York Rangers - 4 wins
Stadium Capacity
The Habs also lead the race in the stadium capacity, with their home arena "Bell Center" having the capacity to accommodate 21,105 spectators.
The seating capacity of the top five NHL franchises is:
Montreal Canadiens - 21,105 (Bell Center)
Toronto Maple Leafs - 18,800 (Scotiabank Arena)
New York Rangers - 18,006 (Madison Square Garden)
Chicago Blackhawks - 17,317 (Chicago Stadium)
Boston Bruins - 14,448 (Boston Garden)
Fans And Social Media Followers
Amongst the five NHL giants, The Blackhawks have more followers on social media platforms like Facebook, Twitter, and Instagram, than any other NHL team.
The following list showcases the Instagram followers of each of the top-five franchised teams.
Chicago Blackhawks - 1.7 million
Boston Bruins - 1.6 million
New York Rangers - 1.3 million
Toronto Maple Leafs - 1.3 million
Montreal Canadiens - 925k
Which Is The Most Valuable Sports Franchise In The World?
The most valuable sports franchise in the world is the NFL's Dallas Cowboys which has an estimated valuation of $8 billion and held the top spot since 2016.
When it comes to financial valuations, NFL has been dominating the scene with 30 of its 32 teams making it into the Forbes' "Top 50 Most Valuable Sports Team" list, thus, making up 60% of the list.
Similarly, finishing inside the top five are the New England Patriots ($6.4 billion), the Los Angeles Rams ($6.2 billion), and the New York Yankees and New York Giants, both worth $6 billion.
NHL Revenue By Team
Year
Team Name (Revenue)
2022
New York Rangers ($249 million)
2021
Montreal Canadiens ($105 million)
2020
New York Rangers ($225 million)
2019
New York Rangers ($270 million)
2018
New York Rangers ($253 million)
2017
New York Rangers ($246 million)
2016
New York Rangers ($219 million)
2015
New York Rangers ($229 million)
2014
New York Rangers ($217 million)
2013
Toronto Maple Leafs ($142 million)
Cheapest NHL Team
Tempe-based Arizona Coyotes is the cheapest NHL team, with a valuation of $450 million in 2022, 12.5 percent more than the previous season.
Bought in 2019 by Alex Muruelo for $300 million, the franchised team reportedly makes an annual revenue of US $127 million while they owe $310.5 million (69%) in debt.
The Coyotes are followed by Florida Panthers, worth $550 million at the 31st spot, and Buffalo Sabres in the 30th spot which has a valuation of $610 million.
Richest NHL Team
Similarly, New York Rangers is the richest NHL team which is reportedly worth $2.2 billion in 2022, according to Forbes.
Boasting such a tremendous price tag, the latest reported revenue of the team is $249 million while the operational income after all the expenses is $90 million.
The Toronto Maple Leaf was ranked second in terms of value, worth $2 billion, while the Montreal Canadiens ranked third at a $1.85 billion valuation.
Forbes NHL team values 2023
[image-1]
Forbes hasn't officially released the NHL team values list for 2023. They will most probably announce the list in early December of 2023.
The business magazine compiles the finances of all 32 NHL franchises to produce an annual ranking in terms of valuation. These valuations comprise the monetary worth of the sport, market, stadium deals, and brand.
Here is the revenue of the NHL teams published by Forbes on December 14, 2022.
New York Rangers was ranked the most valuable team based on their 2022, worth $2.2 billion, 10 percent more than last year. It is followed by Toronto Maple Leafs in the second position, which was worth $2 billion, an 11 percent increase from its previous year.
NHL Teams Losing Money List
While there is no mention of any NHL teams losing money in the past year, the coronavirus pandemic severely hindered the professional Hockey scene.
Similar to any other sports and entertainment industry, fifteen NHL teams lost money and nine posted double-digit operational losses during the outbreak as the league only played 85% of its regular season games.
According to a thorough analysis by Forbes, this resulted in the franchised teams falling in value by an average of two percent, to $653 million, making it the first decline since 2001.
Similarly, the total revenue of the league summed up to $4.4 billion during the 2019-20 season, a 14 percent decrease from the earlier year and the operating income was $250 million, down 68 percent.
The succeeding 2020-21 season was even worse, with NHL missing out on almost $3.6 billion in revenue from ticket sales, primarily because of attendance restrictions.
Here are some of the teams that lost the most amount of money during the 2020-21 season due to the pandemic.