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CNBC: Average valuation of NHL teams hits $2.71 billion in 2026, up 23% year-over-year
According to CNBC's 2026 NHL team valuation report, the average team valuation stands at $2.71 billion, up 23% from the previous year. The Toronto Maple Leafs, New York Rangers, and Montreal Canadiens led the top three with $5.4 billion, $4.7 billion, and $4.1 billion, respectively. CNBC stated that these figures represent current enterprise value calculated as a multiple of revenue—meaning equity plus net debt—rather than completed transaction prices, and they exclude the value of the arenas themselves and their land.
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