Tag:Forbes NHL Franchises
Posted on: November 30, 2011 4:58 pm
Edited on: November 30, 2011 5:02 pm
 

Maple Leafs top 'Forbes' list of NHL franchises

By Brian Stubits

It's that time of year again when business meets hockey, in particular Forbes magazine.

Mike Ozanian did the annual franchise evaluations and, surprise, surprise, the most lucrative team in hockey is the Toronto Maple Leafs at $521 million. The Rangers, Canadiens, Red Wings and Bruins round out the top five.

Bringing up the rear? Naturally it's the Phoenix Coyotes followed by the Islanders, Blue Jackets, Blues and Panthers.

Here is the entire list of the teams in value, 1-30.

The evaluations go on to show that, for the most part, things are looking up revenue wise. But Ozanian goes on to say that more teams are actually losing money this season compared to last; 18 of the 30 are now in the red (makes you see that Florida Panthers slogan "We see red" in a whole new light).

Ozanian goes on to say the reason for that is the high salaries. The cap is too high for a good amount of the teams to be able to operate at a profitable level. He suggests that the NHL needs to get closer to even on their income split. Currently the players get 57 percent of the revenues from the last CBA. Ozanian's assertion is that the players should give back a lot of that ground and get closer to 50/50 like the NFL and NBA.

It doesn't exactly give you warm fuzzies for the upcoming CBA negotiations, now does it?

Photo: Getty Images

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