Shocking CNBC NHL Team Valuations Reveal Unexpected Winners and Losers in 2025 Rankings
But teams with great arena economics and rich local television deals still dominate the top of our NHL valuations, because during the regular season the teams keep all the money from these revenue streams.
The most valuable team remains the Toronto Maple Leafs, worth $4.3 billion. The Leafs took in $130 million in net gate revenue last season, second-most in the league, according to internal NHL reports obtained by CNBC. The Maple Leafs also earn about $45 million a year from the local media rights deal with Rogers, the third-most in the NHL. The Leafs’ next deal is expected to increase to around $55 million a year, which would place the team behind only the Montreal Canadiens.
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