Co-owners Mario Lemieux and Ron Burkle are seeking $750 million for the Pittsburgh Penguins, according to a report by TSN.
That would be a record sale price for a U.S. NHL team, sports economist Drew Dorweiler told TSN.
Forbes magazine valued the Penguins at $565 million last year. Lemieux, Burkle and a group of minority owners bought the franchise for $107 million out of bankruptcy in 1999.
The NHL is expected to charge at least $500 million for possible expansion teams.