2024 NHL Team Valuations: Ranking All 32 Franchises

The average NHL team is now valued at $1.92 billion, driven by steady revenue growth, a hard salary cap, and a revenue-sharing system that ensures profitability. For the 2023-24 season, the NHL's hockey-related revenue reached $6.3 billion, an 8.6% increase from the previous year, with record national sponsorship and gate receipt revenues. These factors, along with lucrative media deals, have improved the financial standing of the league's 32 teams, with an average EBITDA of $45 million on $223 million in revenue.