On Wednesday, Forbes released their annual franchise valuations for the National Hockey League. At the top of the list, the New York Rangers. But their value was the news.
Forbes estimates the value of the Rangers at $2 billion, a one-year increase of 21 percent and a five-year increase of 60 percent.
The Rangers are the first NHL franchise to reach a $2 billion valuation.
Forbes ranks the Toronto Maple Leafs ($1.8 billion) second, the Montreal Canadiens ($1.6 billion) third and the Chicago Blackhawks ($1.4 billion) third.
This is the seventh consecutive year the Rangers have ranked as the NHL’s most valuable franchise according to Forbes.