2025 NHL Franchise Valuations Ranking
The average NHL team is worth $2.1 billion, according to data compiled by Sportico. The Toronto Maple Leafs rank first at $4.25 billion, while the Columbus Blue Jackets rank last at $1.3 billion. Below are the values of the league’s 32 franchises, whose collective worth is $67.1 billion.


To derive the fair market value of the 32 NHL franchises, Sportico calculated each team’s revenue, relying on publicly available information and financial records—as well as interviews with those knowledgeable of team finances, including seven sports bankers and lawyers who actively work on NHL transactions. In the interest of accuracy, we traded candor for anonymity. This information was vetted with multiple team owners, team financial and operating officers, media relations personnel and former team executives. Below are definitions of some major metrics.
Total Value: The sum of the enterprise value of an NHL franchise, combined with the value of team-related businesses and real estate holdings.
Team Value: NHL franchise valuation, derived from metrics by which hockey-team transactions occur, including aggregating local and national revenues and factoring in a team-specific multiplier. This represents the fair market value of the team itself, excluding related businesses held by its owners.
Team-Related Businesses and Real Estate Holdings: The value of a franchise owner’s equity in team-related businesses that are distinct corporate entities, as well as government-assessed real estate related to venues, practice facilities and other properties, including AHL teams.
This category excludes value derived from enterprises determined as too attenuated from the hockey team’s operations, which fall into three categories: (1) rent from non-hockey, outside-of-arena operations, such as the Oilers’ ICE District venture; (2) licensing fees paid by non-hockey third parties to a team’s sister company for the use of intellectual property; (3) team owners’ investment in businesses unrelated to franchise operations.
For franchises that do not own their arenas, the value of a team’s lease—often with advantageous terms negotiated with municipal or state authorities—is captured in the Team Value category.
Netflix Announces Habs Documentary

Netflix has officially announced the release of a highly anticipated documentary focused on the Montreal Canadiens hockey team, set to premiere on August 15th. The documentary promises an in-depth exploration of the Canadiens’ rich history, emotional moments, legendary legacy, and the inner workings of their team inventory, offering fans a unique behind-the-scenes experience.
The documentary aims to capture the essence of the Montreal Canadiens, a team steeped in tradition and beloved by generations of fans. Viewers can expect to witness the emotional highs and lows of a hockey season, from the intensity of game-day preparations to the raw reactions in the locker room. The series will highlight the deep connection between the team and its passionate fanbase, showcasing the unique atmosphere that surrounds the Canadiens.
A significant focus of the documentary will be the exploration of the Canadiens’ storied legacy. As one of the most iconic franchises in the NHL, the Canadiens’ history is filled with legendary players, iconic moments, and numerous Stanley Cup championships. Archival footage, interviews with former players and coaches, and historical context will paint a comprehensive picture of the team’s enduring impact on the sport of hockey.
Beyond the action on the ice, the documentary will provide an exclusive look into the Canadiens’ team inventory and behind-the-scenes operations. Viewers will gain insight into the meticulous management of equipment, facilities, and resources that contribute to the team’s performance. This behind-the-scenes access will offer a deeper understanding of the complexities and dedication required to run a professional hockey franchise.
The August 15th release date positions the Montreal Canadiens documentary as a perfect pre-season offering for hockey fans eager to immerse themselves in the sport. Netflix’s decision to feature the Canadiens underscores the streaming platform’s commitment to delivering high-quality sports documentaries that resonate with a broad audience. The documentary is expected to generate significant buzz, offering a compelling and insightful look into the heart of one of hockey’s most celebrated teams.