When it comes to team principles, the National Hockey League is becoming more respected.
According to CNBC’s Official 2024 NHL Valuations, the average NHL team is valued at $1.92 billion, and recent agreements have revenue multiples that are comparable to those made in Major League Baseball.
Why did the league rise to prominence?
The league’s 32 teams are virtually certain to be profitable thanks to steady revenue growth, a tight salary ceiling, and a revenue-sharing structure that applies to the whole league.
The NHL reported that their hockey-related revenue for the 2023–24 season was $6.3 billion, an 8.6% increase over the previous season. The NHL reported that it made a record-breaking $250 million in national sponsorship money last season and $2.4 billion in regular-season gate receipt revenue.
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Professional hockey’s bottom line is improving as a result of this expansion and more lucrative media arrangements. According to CNBC projections, the average NHL franchise reported EBITDA of $45 million on revenue of $223 million for the 2023–24 season.
The 32 NHL teams are ranked as follows:
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