So Forbes puts out an annual list of most profitable sports teams by sport, and the NHL one came out today, with some not so surprising results:
The Bruins are also 6th in operating income, behind Pittsburgh, and 6th in overall revenue, behind Chicago.
What is surprising is that the Rangers have overtaken the Leafs, generally considered one of the richest teams on the planet, in overall revenue and income. I guess Madison Square Garden and being in a ridiculously expensive city does a lot for you.
But yeah, no real surprises here. 5 of the Original 6 are valuable at them moment, all of ‘em are turning a profit, and all of them in enormous markets with entrenched cultures of hockey.
- Three teams in the south had enormous value boosts, but Florida is the only one operating at a loss.
- The Sabres are operating at a loss. Lol
Anything else surprising you here?