The average NHL team is now worth $2.2 billion, according to CNBC’s Official NHL Team Valuations, 15% more than last year, as richer national media rights deals drive up franchise values.
In April, the NHL and Rogers Communications
agreed to a 12-year national Canadian media rights deal worth $7.79 billion, based on exchange rates as of Nov. 24, that will begin with the 2026-27 season. It is more than twice the amount the league is getting from its existing 12-year deal with Rogers.
The league’s current U.S. national media rights deals with Walt Disney
and Warner Brothers Discovery
