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Islanders move up NHL franchise value rankings yet again

UNIONDALE, NEW YORK - FEBRUARY 21: (L-R) Jon Ledecky and Scott Malkin attend the retirement ceremony for John Tonelli that celebrated his career with the New York Islanders and saw his jersey retired and raised to the rafters of NYCB Live's Nassau Coliseum on February 21, 2020 in Uniondale, New York. (Photo by Bruce Bennett/Getty Images)

The New York Islanders may not have gained value from last year but they’ve gone up a few spots in a league-wide value ranking.

In 2019 Forbes valued the New York Islanders franchise at $520 million. That was up from $440 million in 2018.