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The Toronto Maple Leafs have been ranked by Sportico as the most valuable franchise in the NHL for a fifth straight season.

The Maple Leafs’ valuation came in at $4.25 billion ahead of the 2025-26 season, about $600 million more than the second-ranked New York Rangers’ $3.65 billion valuation, per Sportico’s Kurt Badenhausen.

The Montreal Canadiens came in third at $3.3 billion, followed by the Boston Bruins at $3 billion, according to Badenhausen.

The Los Angeles Kings marked the largest season-to-season increase of any top-five team with a valuation of $2.96 billion, an 18 percent increase over the club’s 2024 valuation.

The average NHL team was valued at $2.1 billion, a 17 percent increase over Sportico’s 2024 report.

This article will be updated soon to provide more information and analysis.

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