2025 NHL team valuations

[mjd1001]

https://www.cnbc.com/2025/11/25/cnbcs-official-nhl-team-valuations-2025.html

Sabres 31st, ahead of Columbus.  I'm a bit surprised, yeah Columbus has Ohio state,but the Blue Jackets are in a bigger city, have a much, much nicer arena and arena district, and have no pro competition in their market.

Of course the market size and fan support drive these ratings, but looking at the list the building/facility and how good it is/how much revenue it gernerates seems to be a pretty big factor also.

Plus, something surprising, for all we have heard over the years about Canadian cities not being able to compete on a level footing with US cities in the NHL due to taxes and currency, it looks like the Canadian teams are increasing, something drastically, their local TV revenue, while many of the US teams have that going down.  The Canadian teams are bringing in a lot more money that way than their US counterparts. (the Rangers took a cut to their local revenue DOWN to $35 million per year, while Montreal's new deal has them getting $70-$75m per year.)

I know they have a new Arena, but can someone explain to me how Edmonton led the league in Revenue, ahead of the Rangers, Boston, and even Toronto?

Edited 1 hour ago by mjd1001

[St. Pete Gogolak]

Remind me. How much did Terry pay for the team?

[EM88]

The Buffalo Sabres have a bad building, have not made the playoffs in over a decade, and face many of their Canadian fans not crossing the border as much.  Yet there are still 4 teams with less revenue than they have, along with about 1/2 of the league within 20%.

If the team can upgrade their building in a meaningful way and have a playoff season or two in order to facilitate some fan support, this may actually be a hockey market that is pretty good to support a team in todays market.

[mjd1001]

Just now, St. Pete Gogolak said:

Remind me. How much did Terry pay for the team?

I think it was about $180 million....Now worth $1.42 billion with very little debt.  They are worth about $60 million more than last year.

He and the team can afford to invest a bit more into it.

[kas23]

22 minutes ago, mjd1001 said:

I think it was about $180 million....Now worth $1.42 billion with very little debt.  They are worth about $60 million more than last year.

He and the team can afford to invest a bit more into it.

And this is probably why he does little to improve the team. He does nothing and the value keeps going up and up. That said, if he sold the team, he would never get that amount from anyone locally.

[pastajoe]

52 minutes ago, mjd1001 said:

https://www.cnbc.com/2025/11/25/cnbcs-official-nhl-team-valuations-2025.html

Sabres 31st, ahead of Columbus.  I'm a bit surprised, yeah Columbus has Ohio state,but the Blue Jackets are in a bigger city, have a much, much nicer arena and arena district, and have no pro competition in their market.

Of course the market size and fan support drive these ratings, but looking at the list the building/facility and how good it is/how much revenue it gernerates seems to be a pretty big factor also.

Plus, something surprising, for all we have heard over the years about Canadian cities not being able to compete on a level footing with US cities in the NHL due to taxes and currency, it looks like the Canadian teams are increasing, something drastically, their local TV revenue, while many of the US teams have that going down.  The Canadian teams are bringing in a lot more money that way than their US counterparts. (the Rangers took a cut to their local revenue DOWN to $35 million per year, while Montreal's new deal has them getting $70-$75m per year.)

I know they have a new Arena, but can someone explain to me how Edmonton led the league in Revenue, ahead of the Rangers, Boston, and even Toronto?

Edmonton likely leads in revenue because of their new tv deal. It will change next year when the new deals start for Toronto and Montreal.

[tom webster]

I like how they stress the word “official” like these numbers are actually real. 
While there might be some truth in there, the numbers are just educated guesses.

All that being said, I do believe that these franchises are a lot more profitable than what the owners would have you believe.