Shocking CNBC NHL Team Valuations Reveal Unexpected Winners and Losers in 2025 Rankings
All valuation figures are in U.S. dollars and are based on a one-year average exchange rate, from June 2024 to June 2025, of CA$1 = US$0.72.
Sources for CNBC’s Official NHL Team Valuations include team owners, investors and executives, as well as sports bankers and league consultants; public documents such as stadium lease agreements, stadium authority budget audits and credit rating reports; and sponsorship and broadcasting industry executives. Certain figures were provided by league executives who spoke to CNBC on the condition of anonymity because agreements are private and they do not have permission to speak about them publicly.
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