NHL Team Valuations 2024: How 32 Franchises Compare

NHL Team Valuations 2024: How 32 Franchises Compare

Image by Randy Fath on Unsplash

Ever wondered how much your favorite NHL team is worth? Well, according to CNBC's latest official NHL team valuations for 2024, the average value of an NHL franchise is a whopping $1.92 billion. Recent transactions in the league are also fetching revenue multiples that are giving Major League Baseball deals a run for their money.

Rise in NHL Team Values

The article highlights the significant increase in the value of NHL teams, with the average worth nearly hitting the $2 billion mark. This surge in valuation is a testament to the growing popularity and financial strength of hockey franchises in the current market.

Comparing NHL to Other Major Leagues

CNBC's NHL team valuations shed light on how hockey teams are stacking up against their counterparts in other major sports leagues. Surprisingly, recent deals within the NHL are showing revenue multiples that are on par with transactions seen in Major League Baseball, indicating a strong financial position for NHL teams.

What I Think About This

As a fan of both sports and business, I find it fascinating to see how the value of NHL teams has risen over the years. The fact that NHL franchises are now competing with those in MLB in terms of revenue multiples speaks volumes about the growth and potential of the sport. It's truly an exciting time for both hockey fans and investors alike.

The original version of this post can be found here: CNBC's Official NHL Team Valuations 2024: Here's how the 32 franchises stack up https://biznewslocal.com/nhl-teams-2024-valuations/

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