Highlights

Shocking CNBC NHL Team Valuations Reveal Unexpected Winners and Losers in 2025 Rankings

Shocking CNBC NHL Team Valuations Reveal Unexpected Winners and Losers in 2025 Rankings

The Canadiens hold on to the third spot in the annual rankings, with a value of $3.4 billion. The team in October announced the signing of a new local media rights deal with Bell Media for both English- and French-language channels. It will pay the team a league-leading annual average of $70 million to $75 million beginning next season.

The Edmonton Oilers leapfrogged the Boston Bruins to become the fifth-most-valuable team, and are now worth $3.1 billion. The Oilers have hockey’s biggest superstar in Connor McDavid and were in the Stanley Cup Final the past two seasons. Not only did the Oilers post a record year across all revenue verticals, including sponsorships, premium seating, food and beverage, and merchandise during the 2024-25 season, they began a new local television deal with Rogers this season that could pay the team well over $50 million annually, depending on advertising revenue.

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