Forbes puts Leafs as most valuable NHL franchise; Kings 12th
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Forbes announced its annual valuations of NHL franchises, and the list includes some pithy comments on the state of individual franchises.
According to Forbes, the Toronto Maple Leafs are the most valuable franchise, at $448 million, and the Phoenix Coyotes the least valuable, at $142 million. It calls the league’s expansion in the southwest via the Coyotes’ move to suburban Glendale ‘a catastrophe,’ and the Coyotes ‘dysfunctional.’ Good reading.
The Kings were ranked 12th, with a value of $210 million, and the Ducks 16th at $202 million.
The NHL and individual clubs always dispute Forbes’ figures because clubs don’t make their books available for inspection. Even if Forbes’ estimates are a bit off, they provide a good picture of the health of each franchise.
-- Helene Elliott