They generate additional revenue from ticket sales, merchandise sales, broadcast rights fees, and sponsorship agreements. Winners and losers from the 2023 NHL trade deadline In theory, this would make the NHL more competitive, as all teams would have a similar chance of winning. But beyond lacking concrete information, NHL franchise values could stagnate or sink depending upon the lasting impact of COVID. Probably took a little longer than we hoped for, but we finally got across the finish line, Boston president Cam Neely said. * Due to a lockout, caused by a labor dispute, the 2012/13 NHL season was shortened to 48 games per team, down from 82 originally scheduled games. How do you even get into the NHL? - Archyde Forbes reports the average valuation of franchises dropped two percent to $653 million, first decline since 2001. Available: https://www.statista.com/statistics/193744/operating-income-of-national-hockey-league-teams-in-2010/, National Hockey League operating income in the 2020/21 season, by team, Available to download in PNG, PDF, XLS format, Average revenue per team in the National Hockey League 2020/21, Revenue of National Hockey League franchises 2020/21, Average operating income per team/franchise in the NHL 2005-2021, Operating income of National Hockey League franchises 2020/21, National Hockey League average franchise value 2000-2021, Average TV viewership NHL Stanley Cup games 2008-2022, Average U.S. TV ratings NHL Stanley Cup games 2006-2022, TV viewership National Hockey League opener in the U.S. 2022, Total broadcasting rights of the NHL by sector in 2019/20, Hockey interest level in the U.S. 2021, by age, Enjoyment level of the NHL All-Star Game in the U.S. 2020, NHL combined social media followers as of 2019, by team, NHL teams - number of Twitter followers 2022, NHL Instagram followers as of 2019, by team, Most followed NHL teams on YouTube worldwide 2019, Construction costs of NHL stadiums/arenas built since 2000, Federal subsidies to NHL stadiums built since 2000, Total attendance at National Hockey League regular season games 2008-2022, National Hockey League average regular season attendance 2008-2022, Total home attendance in the NHL per team 2008-2022, NHL regular season ticketing revenue / gate receipts 2010-2020, NHL regular season ticketing revenue as share of total revenue 2010-2020, NHL regular season ticketing revenue 2019/20, by team, Average player expenses of National Hockey League teams 2005-2022, Player expenses in the NHL by team 2019/20, Highest paid players of the NHL in 2020/21, National Hockey League all-time leaders career points scored, Revenue multiple of National Hockey League franchises 2010, Average home attendance in the NHL by team 2021/22, Average ticket price for an NHL game by team 2019/20, Fan Cost Index of National Hockey League teams 2022, National Hockey League: price of a hot dog at games by team 2014/15, National Hockey League: price for a beer at games by team 2014/15, National Hockey League: price for a soft drink at games by team 2014/15, National Hockey League: venue renovation / construction costs 2010, Average concession stand prices in the National Hockey League 2014/15, Distribution of NHL regular season TV audience by ethnicity 2013, Degree to which people follow the National Hockey League 2014, Degree to which people follow the National Hockey League 2014, by age group, Degree to which Canadians consider themselves NHL hockey fans in 2014, by age, Players of the NHL with the highest salaries 2011/12, Franchise value of the Detroit Red Wings 2006-2022, Franchise value of the Minnesota Wild 2006-2022, Ranking of the best U.S. states to live in as of 2012, Industry revenue of retail sale of footwear and leather goods in Greece 2012-2025, National Hockey League operating income in the 2020/21 season, by team (in million U.S. dollars), Find your information in our database containing over 20,000 reports. As a result, they have missed the playoffs in two of the last three seasons. [5], Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as CBS and Bleacher Report. By Forbes estimates, 16 NHL teams were in the positive in operating income, with 15 negative. The NBA has gained undeniable traction over the last decade, at least from a financial standpoint. Statista. This statistic is not included in your account. Portion of franchise's value attributable to its city and market size. According to NHL stats, it's the first brother-for-brother trade in league history. And NHL franchise values could tumble with them. Studies have shown that the salary cap has had a positive effect on competitive balance in the NHL. Utah Jazz at Oklahoma City Thunder odds, picks and predictions For NHL, the cash is in Canada | The Star At the other end of the scale, the Nashville Predators reported an. Domi, the son of former NHL forward Tie Domi, signed a $3 million, one-year contract with the Blackhawks in July. It will be interesting, really, to see if the Lightning and Avalanche (22nd at $465M, $115M estimated revenue, -$10M operating income) can raise their franchise value if the wins keep coming. After all, NHL teams arent giddy to share financial information with the public. With additional reporting by Justin Teitelbaum. One big factor that contributes to a teams wealth is the size of the market that they play in. Portion of franchise's value attributable to its brand. Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Research expert covering sports and video gaming, Profit from additional features with an Employee Account. Who is the highest paid player in the NHL? - Hockey Answered For example, in the 2006-2007 season, the two highest-spending teams (the Detroit Red Wings and New York Rangers) did not make it to the Stanley Cup Finals. For the sixth year in a row, the New York Rangers have the top franchise value ($1.65 billion). Entering Thursday nights game against Buffalo, the Bruins (47-8-5) had 99 points in 60 games a 135-point pace that would surpass the 132 of the 1977 Montreal Canadiens. Hall was placed on long-term injured reserve and Foligno regular IR. That number includes individual team and league-wide sponsorship and licensing deals, which get combined when it comes to accounting for HRR. CHL franchises, worth millions, can afford to pay players: study As other NHL teams look for last-minute pick-ups, Tom Wilson's name has even been bandied about on Hockey Twitter. Bertuzzi, 28, helps fill a gap left by an injury to Taylor Hall, who was placed on long-term injured reserve on Thursday. The NHL is unique among professional sports leagues in that there is a significant disparity in the wealth of its teams. The highest paid player in the NHL is Connor McDavid with an annual average salary (aav) of $12.5 million. He said other valuable teams from the two leagues include the Edmonton Oil Kings. The NHL playoffs are, Read More How Many Teams Are In The NHL Playoffs?Continue, ContentsNBC SportsNBC Sports AppNBC Sports GoldESPN+ESPN AppNHL.tvNHL Network If youre a hockey fan, youre probably wondering what channel the NHL game is on. The latest ranking reported that the New York Rangers is the most valuable NHL franchise after the 2021-22 NHL season. I just came in and tried to play hard, said the 35-year-old Brassard, who played parts of four seasons for the Rangers, where he was a fan favorite and helped New York reach the Stanley Cup Finals in 2014. NHL teams also generate revenue from other sources, such as concessions and merchandise sales. The league is projected to bring in record revenues from the 2021-22 season, likely around $5.3 billion, if not higher, according to NHL Commissioner Gary Bettman when hockey-related revenue (HRR) is officially tabulated. Were thrilled to have him for another eight years.. The salary cap is calculated using a formula that takes into account the leagues revenue, the number of teams in the league, and other factors. Chart. However, there is evidence that, in some cases, spending more money does not guarantee success. And the Montreal Canadiens, thanks to their avid fan base and league-high local media deals, get a richer multiple, too. The Montreal Canadiens, who plays its home games at Centre Bell, reported an operating loss of 18 million U.S. dollars in 2021. Ultimately, the Forbes NHL franchise value list provides some interesting estimates to chew on. In general, teams that spend more money on salaries tend to win more games than teams that spend less money. Kane and his reunited Blackhawks teammate Panarin were the last two off the ice as Kane heard the roar of the crowd again before yet another thunderous ovation during starting lineup introductions. 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. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Arno died in a fire Wednesday. Last week, Sweeney acquired defenseman Dmitry Orlov and forward Garnet Hathaway from Washington. )In 2016, that contract was extended to 2036 A resolution to Kane's issue has been delayed due to scheduling conflicts with the case's arbitrator, and may not be reached before free agency opens July 13. Financial data taken from each team profile on Forbes. BUFFALO, N.Y. Lightning general manager Julien BriseBois this week characterized himself as a steward for the franchise's rare assembly of talent, responsible for taking the risks necessary to ensure the team makes the most of its championship window. Youre going to have challenges like that, but obviously it was a momentum swing.. Here are the 25 schools that make the most revenue off of college sports and where most of the money comes from, including football, men's basketball, and women's basketball revenue, the. Revenue for the league totaled $4.4 billion during the 2019-20 season, a 14 . The Maple Leafs NHL team is worth $1.5 billion, and it has accrued revenue of $223 million. Brassard tied it at 1:35 with his 11th of the season off an assist from Giroux, who beat netminder Jaroslav Halak for his 26th goal at 3:26 to put Ottawa ahead to stay. The Arizona Coyotes, meanwhile, have changed hands twice over the past seven years: Andrew Barroway paid $305 million (or 3.3 times revenue) for the Coyotes in 2014, and Alex Meruelo paid $300 million (just 3 times revenue) for the team in 2019. The draft-eligible quarterbacks speak to the media Friday and take the field Saturday. That squad, which . NHL is a league of ice hockey and the rules of ice hockey are slightly different than field hockey. Emissions of the climate-warming gas that were caused by energy production grew 0.9% to reach 36.8 gigatons in 2022, the International Energy Agency reported Thursday. NHL trade tracker: Latest deals and grades, NHL trade grades: Sabres smartly buy low on Greenway, NHL trade deadline 2023: Fantasy hockey live reaction, Flyers GM: Red Wings nixed van Riemsdyk trade, Avs' Makar OK'd to return 2nd time from protocol, Wild acquire defenseman Klingberg from Ducks, Sabres add size up front, get Greenway from Wild, Penguins acquire defenseman Kulikov from Ducks, Sources: No discipline for Watson hit on Motte, Surging Bruins fastest to 100 pts. The league has also signed new deals with Canadian broadcasters CBC and TSN worth a combined $3 billion over seven years, and the NHL is currently in talks with Rogers Communications about a new 12-year, $5.2 billion deal that would give Rogers control of all national broadcast rights in Canada. Top 10 Largest Sports Leagues by Revenue 2020, Which Sport Makes the July 1, 2022. At the top of the ranking, the New York Rangers have climbed 21% since last year, becoming the first NHL team worth $2 billion while claiming the No. Obviously, the referees thought it was a trip. On the next screen, select Create Team. Pastrnak drew the odd penalty against Luukkonen in the second period and then assisted on the ensuing goal. Are you interested in testing our business solutions? Some fans are calling for his firing, but is that really the best solution? Adding a team in Seattle also helped sell sponsorships locally and it gave the NHL another base in a top 10 media market. As soon as this statistic is updated, you will immediately be notified via e-mail. As Friday's NHL trade deadline draws closer, several teams have made significant moves to improve their rosters. Traffic cop at the intersection of money and sports, Joshua Sarner/Icon Sportswire/Getty Images, Illustration by Forbes. The Stars assigned Wells and loaned forwards Fredrik Karlstrom and Fredrik Olofsson and goaltender Matt Murray to the AHLs Texas Stars. In-state Pro Teams: New York Jets and New York Giants (NFL), New Jersey Devils (NHL), New York Red Bulls (MLS) Market Launch Date: June 14, 2018. NHL sponsorship revenue jumped to $1.4 billion this season, a record for the league, and a massive increase from the $623 million sponsorship revenue during the 2021-22 season. As a Premium user you get access to the detailed source references and background information about this statistic. And we've also been in contact with Hockey Canada as well.". The NFL's revenue-sharing pool grew to $7.3 billion last season, meaning a $226.4 million payout to each of its teams. Last December, with the pandemic shortening the regular season to 56 games and keeping most arenas empty, Forbes released its annual NHL team valuations, pegging the league average at $653 million. The salary cap was first introduced in the NHL in 2005. NBA, NFL, NHL and MLS) featuring distinct league structures, policies and demand.,This study offers practical guidance for sellers' pricing decisions. The revenue multiple was 4.2 in Scott Malkin and Jon Ledeckys $485 million acquisition of the New York Islanders in 2016. Chart. It is composed of 30 teams: 23 in the United States and 7 in Canada. Add it all up, and league insiders say that the NHLs hockey-related revenue should increase from a projected $4.8 billion this season to $5.4 billion in 2022-23. Im going to remember this for the rest of my life. NHL league revenue 2005-2021 | Statista Here's how much money every NHL team is worth in 2019 In fact, merchandise sales are the second largest source of revenue for the league, behind only broadcasting rights fees. Casey Mittelstadt scored for Buffalo and Ukko-Pekka Luukkonen stopped 35 shots But his unusual tripping penalty led to Orlovs power-play goal and turned the game as the Sabres dropped their second straight. The biggest rise in these valuations belongs to the Oilers, who doubled in value from last seasons ranking, to $1.1 billion. The Toronto Maple Leafs were rated as the second-most valuable team at $1.8 billion and the Montreal Canadiens came in third at $1.6 billion.