Maple Leafs most valuable NHL team 13/11/2009 |
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The Toronto Maple Leafs are the most valuable team in the National Hockey League, according to a report in Forbes magazine.
The Maple Leafs are worth $470m, $54m more than the New York Rangers.
The Montreal Canadiens are third on the list, at $339m, followed by the Detroit Red Wings at $337m and the Philadelphia Flyers at $273m.
The Ontario Teachers’ Pension Plan, Canada’s third-biggest retirement fund, owns 66 percent of the Maple Leafs, Lawrence Tanenbaum holds 20 per cent and the remainder is owned by Toronto-Dominion Bank.
The value of the Maple Leafs rose 5 per cent this year, the Forbes report said. Revenue for the team, which won the last of its 13 Stanley Cup titles in 1966-67, climbed 5 per cent to $168m.
The report added: “Despite not winning the Cup in decades and missing the play-offs last year, the Leafs raised ticket prices an average of 3.5 percent for the 2009/10 season and will once again have the highest ticket prices in the NHL.”
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