Account Login/Registration

Access KelownaNow using your Facebook account, or by entering your information below.




Privacy Policy

NHL's richest franchises highlighted in new report by Forbes

John Tavares, Carey Price and Connor McDavid are all slated to make more than $10-million during the 2019-2020 season, but that's only a fraction of what the logo on their sweaters is worth.

The NHL's richest franchises have been evaluated in an annual list by Forbes, which once again proves hockey is a real money maker in North America.

Overall, franchise values have risen 6% since last year, with teams now being worth an average of $667 million USD.

For a fifth consecutive year, the New York Rangers retain the top spot with a value of $1.65 billion.

There are five NHL teams that are now worth more than a billion dollars, including the Toronto Maple Leafs ($1.5 billion) and Montreal Canadiens ($1.34 billion).

The Vancouver Canucks ($740 million) are the only other Canadian team to rank inside the top 10, while the Edmonton Oilers ($575 million) and Calgary Flames ($500 million) cracked the top 20.

The Ottawa Senators ($445 million) ranked 26th out of 31 teams, while the Winnipeg Jets ($420 million) are 27th.

Not surprisingly, nine of the 10 lowest-valued franchises have only been in their respective cities since the 1990’s or 2000’s.

However, it is interesting that the NHL's newest team in Seattle paid $650-million to join the league yet 18 teams are worth less than that price tag.

Support local journalism by clicking here to make a one-time contribution or by subscribing for a small monthly fee. We appreciate your consideration and any contribution you can provide.

Visit our Facebook page to comment on this story.

Sign up for local eNews delivered to your inbox by 7 am every day.

Send your comments, news tips, letter to the editor, photos and videos to

To report a typo, send an email to








Top Stories

Follow Us

Follow us on Instagram Follow us on Twitter Like us on Facebook Follow us on Linkedin Follow us on Youtube Listen on Soundcloud Follow Our TikTok Feed Follow Our RSS
Privacy Policy