Forbes Names Leafs NHL’s Most Valuable Team
01/11/2008 04:41
NEW YORK - For the third straight year, the Toronto Maple Leafs are the NHL's most valuable team, worth US$448 million.
The Leafs increased in value by nine per cent and easily were valued ahead of the New York Rangers in Forbes' annual rankings. The Rangers are worth $411 million.
Third on the list were the Montreal Canadiens at $334 million, followed by the Stanley Cup champion Detroit Red Wings ($303 million) and the Philadelphia Flyers ($275 million).
But the biggest increase in value was made by the Pittsburgh Penguins, who made the Stanley Cup finals last spring and boast stars Sidney Crosby and Evgeni Malkin. Pittsburgh is worth $195 million, up a whopping 26 per cent.
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SWIVEL HIPS SAYS:
The Toronto Maple Leafs, who haven’t won the Stanley Cup since 1967, are worth $448 million? What a joke!