New York Rangers tabbed as most valuable NHL franchise, Maple Leafs and Canadiens round out the top three

New York Rangers tabbed as most valuable NHL franchise, Maple Leafs and Canadiens round out the top three

 According to Forbes, the New York Rangers are the most valuable NHL team. In addition, the Rangers have become the first NHL team to be valued at $2 billion.

The Toronto Maple Leafs were rated as the second-most valuable team at $1.8 billion and the Montreal Canadiens came in third at $1.6 billion. According to Forbes' Mike Ozanian, the league average value for a team increased from $653 million to $865 million this year. It was also the biggest leap that team values have seen since a 50 percent increase in 2013.

Here is where the 32 teams ranked on the list:

1. New York Rangers - $2 billion

2. Toronto Maple Leafs - $1.8 billion

3. Montreal Canadiens - $1.6 billion

4. Chicago Blackhawks - $1.4 billion

5. Boston Bruins - $1.3 billion

6. Philadelphia Flyers - $1.2 billion

7. Edmonton Oilers - $1.1 billion

8. Los Angeles Kings - $1.025 billion

9. Detroit Red Wings - $990 million

10. New York Islanders - $950 million

11. Washington Capitals - $930 million

12. Pittsburgh Penguins - $900 million

13. Seattle Kraken - $875 million

14. Vancouver Canucks - $825 million

15. New Jersey Devils - $775 million

16. Dallas Stars - $720 million

17. Vegas Golden Knights - $710 million

18. Calgary Flames - $680 million

19. Minnesota Wild - $675 million

20. Tampa Bay Lightning - $650 million

21. St. Louis Blues - $640 million

22. Colorado Avalanche - $630 million

23. San Jose Sharks - $625 million

24. Anaheim Ducks - $620 million

25. Nashville Predators - $600 million

26. Winnipeg Jets - $575 million

27. Carolina Hurricanes - $550 million

28. Ottawa Senators - $525 million

29. Buffalo Sabres - $500 million

30. Columbus Blue Jackets - $475 million

31. Florida Panthers - $450 million

32. Arizona Coyotes - $400 million

No NHL franchise had a decrease in value over the past calendar year despite the threat of the COVID-19 pandemic. In addition, the Edmonton Oilers saw the largest increase by doubling their value up to $1.1 billion.

The Chicago Blackhawks ($1.4 billion) and the Boston Bruins ($1.3 billion) rounded out the top five in terms of the most valuable teams on the list. Despite being an expansion franchise, the Seattle Kraken rank at No. 13 with a value of $875 million after paying an expansion fee of $650 million in order to enter the league.

Ticket sales were down as a result of the COVID-19 pandemic, but Forbes forecasts that everything else is trending in the right direction. All hockey-related revenue is expected to reach $6 billion by the 2025-26 season after dipping to $2.9 billion last season.

The Rangers have had an impressive 2021-22 season thus far as they own a 17-4-3 record and have the second-most points (37) in the Eastern Conference. New York currently trails the Washington Capitals by a single point for first place in the Metropolitan Division.

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