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Forbes puts Leafs as most valuable NHL franchise; Kings 12th

By Helene Elliott
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This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.

Forbes announced its annual valuations of NHL franchises, and the list includes some pithy comments on the state of individual franchises.

According to Forbes, the Toronto Maple Leafs are the most valuable franchise, at $448 million, and the Phoenix Coyotes the least valuable, at $142 million. It calls the league’s expansion in the southwest via the Coyotes’ move to suburban Glendale ‘a catastrophe,’ and the Coyotes ‘dysfunctional.’ Good reading.

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The Kings were ranked 12th, with a value of $210 million, and the Ducks 16th at $202 million.

The NHL and individual clubs always dispute Forbes’ figures because clubs don’t make their books available for inspection. Even if Forbes’ estimates are a bit off, they provide a good picture of the health of each franchise.

-- Helene Elliott

Sports Now
Helene Elliott

Helene Elliott was with the Los Angeles Times’ Sports department from 1989 to 2024, first as a staff writer and then, starting in 2006, as a columnist. She became the first female journalist to be honored with a plaque in the Hall of Fame of a major professional sport as the 2005 winner of the Hockey Hall of Fame’s Elmer Ferguson Award, awarded to writers “who have brought honor to journalism and to hockey.” A native of Brooklyn, N.Y., and graduate of Northwestern University’s Medill School of Journalism, she has covered 18 Olympics.

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