Toronto Maple Leafs Top NHL Valuations At $4.25B In 2025

The Toronto Maple Leafs have been ranked the NHL's most valuable franchise for the fifth consecutive year, with a valuation of $4.25 billion, significantly outpacing the New York Rangers at $3.65 billion and the Montreal Canadiens at $3.3 billion. This valuation reflects a 16% increase from the previous year and underscores the Leafs' dominance in ticket sales, sponsorships, and media revenue, bolstered by their ownership of Scotiabank Arena. The NHL as a whole is experiencing robust financial growth, with the average franchise value rising 17% year-over-year to $2.1 billion, driven notably by strong performances in Sun Belt markets such as the Florida Panthers and Carolina Hurricanes, which saw valuation increases of 51% and 49%, respectively. Despite these gains, NHL valuations still trail those of the NBA and NFL in value-to-revenue multiples. The league’s lowest-valued franchise, the Columbus Blue Jackets, now sits at $1.3 billion, on par with some MLB teams, highlighting the overall growth and increasing investment value in NHL franchises. Canadian teams dominate the top tier of valuations, with multiple franchises maintaining positions within the top ten, reflecting both market strength and passionate fanbases.