NEW YORK, NY - NOVEMBER 29: Brad Richards #19 of the New York Rangers celebrates his second period goal with teammate Ryan Callahan (24) and Ruslan Fedotenko (26) against the Pittsburgh Penguins at Madison Square Garden on November 29, 2011 in New York City. (Photo by Nick Laham/Getty Images)
The Rangers are the second-most valuable franchise in the NHL, while the Devils are 20th and the Islanders are 29th.
The New York Rangers, worth $507 million, are the second-most valuable team in the NHL behind the Toronto Maple Leafs, according to Forbes. The Blueshirts' worth jumped up 10 percent over the past year. The Rangers earned $41.4 million last season. The average NHL team is worth $240 million. The New Jersey Devils are the 20th most valuable NHL franchise and are worth $181 million. The Devils have seen a -17 percent change in value over the past year. The New York Islanders are the 29th (out of 30) most valuable NHL franchise and are worth $149 million. The Isles experienced a -1 percent change in value from last year.
Here are the top five NHL teams and their current value:
1. Toronto Maple Leafs: $521 million
2. New York Rangers: $507 million
3. Montreal Canadiens: $445 million
4. Detroit Red Wings: $336 million
5. Boston Bruins: $325 million