Last Updated on December 1, 2010 6:36 pm by admin
NEW YORK (AP) -The average value of NHL teams has increased, although the overall numbers mask struggles for many teams.
Forbes magazine’s annual report released Wednesday found that the average franchise was worth $228 million, up 2 percent from last year. But nearly half of the league’s teams – 14 of 30 – saw their values decline.
The Toronto Maple Leafs remain No. 1 at $505 million.
The changes in value highlight the gap between the haves and have-nots. Large-market franchises such as the New York Rangers, Montreal Canadiens, Boston Bruins, Philadelphia Flyers, Chicago Blackhawks and Vancouver Canucks had their values increase by double-digit percentage points.
The Rangers, Canadiens, Detroit Red Wings and Bruins round out the top five.
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Online:
www.forbes.com/nhl