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Rangers top Forbes' list of NHL team values for 8th straight year

Sarah Stier / Getty Images Sport / Getty

The New York Rangers have once again been crowned the most valuable team in the NHL.

The Rangers claimed the top spot on Forbes' list of NHL team values for the eighth consecutive year with a $2.2 billion valuation, up 10% from 2021. Rounding out the top five are the Toronto Maple Leafs ($2 billion), Montreal Canadiens ($1.85 billion), Chicago Blackhawks ($1.5 billion), and Boston Bruins ($1.4 billion).

The Tampa Bay Lightning, who sit in 14th place at $1 billion, experienced the biggest jump in value among the 32 teams, with a 54% increase from last year.

NHL teams are now worth $1.03 billion on average - the first time the league's franchises have ever topped the $1 billion mark.

Here's the complete list:

RANK TEAM VALUE 1-YEAR CHANGE
1 New York Rangers $2.2B 10%
2 Toronto Maple Leafs $2B 11%
3 Montreal Canadiens $1.85B 16%
4 Chicago Blackhawks $1.5B 7%
5 Boston Bruins $1.4B 8%
6 Los Angeles Kings $1.3B 27%
7 Edmonton Oilers $1.275B 16%
8 Philadelphia Flyers $1.25B 4%
9 Washington Capitals $1.2B 29%
10 Seattle Kraken $1.05B 20%
11 Detroit Red Wings $1.03B 4%
12 New York Islanders $1.02B 7%
13 Vancouver Canucks $1.01B 22%
14 Tampa Bay Lightning $1B 54%
15 Pittsburgh Penguins $990M 10%
16 Vegas Golden Knights $965M 36%
17 New Jersey Devils $960M 24%
18 Dallas Stars $925M 28%
19 St. Louis Blues $880M 38%
20 Colorado Avalanche $860M 37%
21 Calgary Flames $855M 26%
22 Minnesota Wild $850M 26%
23 Nashville Predators $810M 35%
24 Ottawa Senators $800M 52%
25 San Jose Sharks $740M 18%
26 Anaheim Ducks $725M 17%
27 Winnipeg Jets $650M 13%
28 Carolina Hurricanes $640M 16%
29 Columbus Blue Jackets $620M 31%
30 Buffalo Sabres $610M 22%
31 Florida Panthers $550M 22%
32 Arizona Coyotes $450M 12%

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