Sportico released its latest valuations of all 32 NHL clubs recently, showing just how much each team is worth. It broke down how much every team makes when it comes to revenue, team-related businesses and individual team values, formulating a total value for every franchise. 

Sure, NHL franchises pale in comparison to the values of teams in other leagues. To put in perspective the difference between leagues, in Sportico’s latest valuations of the NFL franchises, the Bengals came in last with a value of $2.84 million. That’s more than every NHL club. According to Sportico, in the NBA, the last-ranked team in value is the Pelicans coming in at $1.51 billion, which is higher than every NHL organization with the exception of three. 

However, the teams in the NHL still bring in large sums of money. Out of the 32 teams in the league, 11 are valued at at least $1 billion, with the Maple Leafs and Rangers as the lone two franchises worth at least $2 billion. 

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Here is a look at the team value for all 32 clubs in the NHL. 

NHL team values  

It shouldn’t come as too big of a surprise that the first five teams ranked in terms of total value are five Original Six teams, as the Maple Leafs, Rangers, Canadiens, Blackhawks and Bruins are the highest teams on the list. Toronto takes the cake by far, as its estimated total value comes in over $110 million more than second-place New York. 

The Red Wings, the lone Original Six squad not in the top five, come in at No. 10 on the list. 

The Coyotes are the lowest team in terms of value, coming in at $465 million, the only team worth less than $500 million. To some surprise, the Kraken are in the middle of the pact, despite only being around for one full season.