Monday, November 25, 2013

Toronto Maple Leafs, NHL's Most Valuable Franchise

Forbes released its annual Business of Hockey report on Monday, detailing the National Hockey League’s most valuable teams and players based on last season. Here are five revelations from the report.

Canadian teams are worth more
Of all 30 teams analyzed by Forbes, most Canadian franchises place within the first 15 spots on the list ranking teams based on their value. It’s no surprise that the Toronto Maple Leafs, who made the playoffs last season for the first time in nine years, took the top spot again, after leading the list for years. They are worth $1.15-billion, trailed by the New York Rangers.

The top five:
$1.15-billion - Toronto Maple Leafs
$850-million - New York Rangers
$775-million - Montreal Canadiens
$700-million - Vancouver Canucks
$625-million - Chicago Blackhawks

The most cost-effective forward
Boston Bruins winger and former Calgary Flames captain Jarome Iginla is the best value, based on goals scored versus salary. Iginla is followed closely by Teemu Selanne, a 25-year NHL veteran and current forward for the Anaheim Ducks. St. Louis Blues winger Brenden Morrow, San Jose Sharks centre Logan Couture and Calgary Flames winger Curtis Glencross also scored on value for money among forwards.

Canadian fans pay more
Canadians pay more for tickets than Americans. The five most expensive average ticket prices were charged by Canadian franchises:
$120 - Toronto
$99 - Montreal
$95 - Winnipeg
$90 - Vancouver
$79 - Edmonton Oilers

Who makes the most
Pittsburgh Penguins captain Sidney Crosby earned more than any other player: $16.5-million in total. Though he made $12-million for his performance on-ice, away from the arena he brings in $4.5-million in endorsement deals, including arrangements with Bell, Gatorade, Tim Hortons and Reebok.
The other top five highest-paid players:
$14.1-million - Shea Weber, Nashville
$12.8-million - Zach Parise, Minnesota
$12.5-million - Alex Ovechkin, Washington
$12.1-million - Ryan Suter, Minnesota

NHL teams are worth more than ever before
The average NHL team now has an enterprise value (equity and net debt) of $413-million. That’s 46 per cent more than a year ago.

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