Sharks named 13th most valuable NHL team by Forbes

Sharks named 13th most valuable NHL team by Forbes
November 25, 2013, 12:45 pm
Share This Post

The Toronto Maple Leafs are the NHL's most valuable franchise with an estimated worth of $1.15 billion. (USATSI)

Programming note: Kings-Sharks coverage begins Wednesday at 7 p.m. with Sharks Pregame Live on Comcast SportsNet California

The San Jose Sharks are the 13th most valuable team in the NHL according to Forbes latest valuations of all NHL franchises.

[RELATED: First period remains strength for Sharks]

According to Forbes, NHL franchises have seen significant financial growth over the past year:

The average NHL team now has an enterprise value (equity plus net debt) of $413 million, 46% more than a year ago. For the first time since Forbes began tracking NHL team values in 1998, three of the league’s five most valuable teams–Toronto Maple Leafs($1.15 billion), Montreal Canadiens ($775 million), Vancouver Canucks ($700 million)–are Canadian (the New York Rangers ($850 million) and defending Stanley Cup champion Chicago Blackhawks ($625 million) are the two U.S. teams to make the top five).

The Toronto Maple Leafs are the NHL's most valuable franchise with an estimated worth of $1.15 billion with the Columbus Blue Jackets coming last with a worth of $175 million.

The full list Forbes is below:

1 Toronto Maple Leafs $1.15 billion
2 New York Rangers $850 million
3 Montreal Canadiens $775 million
4 Vancouver Canucks $700 million
5 Chicago Blackhawks $625 million
6 Boston Bruins $600 million
7 Philadelphia Flyers $500 million
8 Pittsburgh Penguins $480 million
9 Detroit Red Wings $470 million
10 Los Angeles Kings $450 million
11 Calgary Flames $420 million
12 Washington Capitals $414 million
13 San Jose Sharks $405 million
14 Edmonton Oilers $400 million
15 Ottawa Senators $380 million
16 Winnipeg Jets $340 million
17 Colorado Avalanche $337 million
18 Dallas Stars $333 million
19 Minnesota Wild $330 million
20 New Jersey Devils $320 million
21 Anaheim Ducks $300 million
22 Buffalo Sabres $250 million
23 Florida Panthers $240 million
24 Nashville Predators $205 million
25 Phoenix Coyotes $200 million
26 New York Islanders $195 million
27 Carolina Hurricanes $187 million
28 St Louis Blues $185 million
29 Tampa Bay Lightning $180 million
30 Columbus Blue Jackets $175 million