NHL franchises list, ranked in order of value. The most valuable NHL franchises are based on their current arena deals as of 2010. Professional hockey team valuations on average have been mostly flat in recent years due mainly to macroeconomic issues. If you've wondered what are the most valuable NHL teams, the answer lies heavily in their earnings. The most profitable NHL teams are not always the highest valued in any given year, but for the most part in 2010 profits corresponded with value -- while slightly more than half the teams in the NHL lost money, the top 10 on this list all were profitable.
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Value: $505 million2
New York Rangers
New York City$461 million3
Montreal Canadiens
Montreal, Québec$408 million4
Detroit Red Wings
Detroit$315 million5
Boston Bruins
Boston$302 million6
Philadelphia Flyers
Philadelphia$301 million7
Chicago Blackhawks
Chicago$300 million8
Vancouver Canucks
Vancouver$262 million9
Pittsburgh Penguins
Pittsburgh$235 million10
Dallas Stars
Dallas$227 million11
New Jersey Devils
Newark$218 million12
Los Angeles Kings
Los Angeles$215 million13
Calgary Flames
Calgary$206 million14
Minnesota Wild
Minnesota, Saint Paul$202 million15
Colorado Avalanche
Denver$198 million16
Washington Capitals
Washington, D.C.$197 million17
San Jose Sharks
San Jose$194 million18
Ottawa Senators
Ottawa$196 million19
Anaheim Ducks
Anaheim$188 million20
Edmonton Oilers
Edmonton$183 million21
Buffalo Sabres
Buffalo$169 million22
Florida Panthers
Sunrise$168 million23
St. Louis Blues
St. Louis$165 million24
Carolina Hurricanes
Raleigh$162 million25
Columbus Blue Jackets
Columbus$153 million