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Rangers top Forbes' list of most valuable NHL teams

Brandon Magnus / National Hockey League / Getty

For the fifth straight year, the New York Rangers have landed the top spot on Forbes' list of the most valuable NHL teams.

The Rangers lead all NHL teams with a worth of $1.65 billion - a 6% increase from 2018. They also made the most revenue ($270 million) and operating income ($123 million) of any team during the 2018-19 campaign despite not making the playoffs the past two seasons.

Rounding out the top three are the Toronto Maple Leafs at $1.5 billion and the Montreal Canadiens at $1.34 billion.

Here's the full list:

Rank Team Current Value Revenue
1. New York Rangers $1.65B $270M
2. Toronto Maple Leafs $1.5B $243M
3. Montreal Canadiens $1.34B $243M
4. Chicago Blackhawks $1.085B $208M
5. Boston Bruins $1B $228M
6. Los Angeles Kings $850M $203M
7. Philadelphia Flyers $825M $187M
8. Detroit Red Wings $800M $183M
9. Washington Capitals $775M $180M
10. Vancouver Canucks $740M $167M
11. Pittsburgh Penguins $665M $184M
12. Dallas Stars $600M $166M
13. Vegas Golden Knights $580M $167M
14. Edmonton Oilers $575M $154M
15. New Jersey Devils $550M $181M
16.  San Jose Sharks $540M $164M
17.  St. Louis Blues $530M $171M
18. New York Islanders $520M $115M
19. Minnesota Wild $510M $149M
20. Calgary Flames $500M $138M
21. Anaheim Ducks $480M $137M
22. Colorado Avalanche $475M $130M
23. Tampa Bay Lightning $470M $140M
24. Nashville Predators $460M $135M
25. Carolina Hurricanes $450M $128M
26. Ottawa Senators $445M $127M
27. Winnipeg Jets $420M $127M
28. Buffalo Sabres $400M $135M
29. Columbus Blue Jackets $325M $119M
30. Florida Panthers $310M $105M
31. Arizona Coyotes $300M $102M

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