TORONTO (AP) — The New York Rangers are the NHL’s most valuable franchise for a fourth consecutive year, according to Forbes.
The Rangers top the annual list of franchise valuations at .55 billion, up 3 percent from last year.
The Toronto Maple Leafs are second at .35 billion, and Montreal Canadiens third at .3 billion, 4 percent increases for both clubs.
Original Six clubs make up the top five, with the Chicago Blackhawks fourth at .05 billion and the Boston Bruins fifth at million. The Detroit Red Wings are not far behind in eighth ( million) and have seen an 11 percent increase thanks to a new downtown arena.
Los Angeles (sixth, million), Philadelphia (seventh, million), Vancouver (ninth, million) and Washington (10th, million) round out the top 10. The Capitals enjoyed a league-best 16 percent boost with their first Stanley Cup title.
The Vegas Golden Knights are 12th at million after reaching the Cup final as an expansion team.
At the other end of the list are the Florida Panthers (30th, million) and Arizona Coyotes (31st, million). The clubs were the only two to lose value according to Forbes, down 3 percent each.