For the second consecutive year, the Montreal Canadiens have been ranked as the second most valuable team in the NHL, and the most valuable NHL team in Canada.
Forbes released its 18th-annual NHL valuations list on Wednesday, with the Canadiens ranking #2 on the list.
Forbes lists the Habs’ value at $1.12 billion, with revenues of $202 million and an operating income of $76.9 million. The Canadiens value is down by 5% from their listing one year ago.
The Canadiens maintained the same spot they held last year, behind the New York Rangers ($1.25 billion) and ahead of the Toronto Maple Leafs ($1.1 billion).
The Vancouver Canucks ($700 million) are the only other Canadian team to crack the top 10.
Forbes named the Carolina Hurricanes ($230 million) as the least valuable team in the NHL, ranking just ahead of the Florida Panthers ($235 million) and Arizona Coyotes ($240 million).