Rangers named NHL’s most valuable franchise for 2017 - NextSportStar

Rangers named NHL’s most valuable franchise for 2017

By on December 6, 2017
Carolina Hurricanes v New York Rangers

For the third straight, the New York Rangers find themselves on top of the NHL’s most valuable franchises list.

The Rangers, owned by The Madison Square Garden Company, are worth $1.5 Billion, which is a 20% increase from 2016.

The Toronto Maple Leafs came in at 2nd at $1.4 billion, Montreal Canadiens finished 3rd at $1.25 billion, and the Chicago Blackhawks and Boston Bruins round out the top 5 at $1 billion and $850 million respectively.

The average NHL team is valued at $594 million, which is a 15% increase from last year.

The Arizona Coyotes were ranked dead last once again, valued at just $300 million.

About Andrew Tysiak