Forbes compiles the finances of all 32 NHL teams to produce an annual ranking of the best franchises in terms of valuation.
The valuations are composed of the monetary worth of the sport, market, stadium deals, and brand.
The Rangers held the title for 8 consecutive years prior to the 2022-2023 season[3] The fastest growing NHL franchise is the Edmonton Oilers, with a 136.1% increase in valuation since the 2017–18 NHL season ($0.575 billion to $1.275 billion).
[7][8] The report has also applied more context to NHL trends, such as the Edmonton Oilers doubling in value in just one year.
[9](The Oilers have recently been consistently clinching the playoffs, moved into their new arena and made new media deals).