Nick Routley
2024-06-20 16:33:16
www.visualcapitalist.com
See this visualization first on the Voronoi app.
Which NHL Team Takes Home the Most Revenues?
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This graphic shows every NHL team’s revenue from the 2022/23 season using data from Forbes, compiled by JP Morgan Asset Management.
Ranked: The Highest-Earning NHL Teams
As the final round of the Stanley Cup Playoffs wears on, two teams on different ends of the revenue spectrum face off.
Despite representing a much smaller city than the other teams at the top of the ranking, the Edmonton Oilers have the second highest revenue in the league at $281 million. The Oilers have seen the fastest revenue growth over the past five years (13%) as the team has improved.
Team | 2022-23 Season Revenue | Valuation |
---|---|---|
Toronto Maple Leafs | $281M | $2.8B |
Edmonton Oilers | $281M | $1.9B |
Los Angeles Kings | $279M | $2.0B |
New York Rangers | $265M | $2.7B |
Montreal Canadiens | $265M | $2.3B |
New Jersey Devils | $240M | $1.5B |
Boston Bruins | $239M | $1.9B |
Vegas Golden Knights | $233M | $1.1B |
Chicago Blackhawks | $228M | $1.9B |
Philadelphia Flyers | $219M | $1.7B |
Washington Capitals | $218M | $1.6B |
Dallas Stars | $210M | $1.1B |
Pittsburgh Penguins | $207M | $1.2B |
Detroit Red Wings | $199M | $1.2B |
Vancouver Canucks | $198M | $1.3B |
Seattle Kraken | $197M | $1.2B |
Tampa Bay Lightning | $196M | $1.3B |
Minnesota Wild | $185M | $1.1B |
St Louis Blues | $184M | $1.0B |
New York Islanders | $183M | $1.6B |
Calgary Flames | $183M | $1.1B |
Colorado Avalanche | $182M | $1.2B |
Nashville Predators | $180M | $1.0B |
Carolina Hurricanes | $177M | $0.8B |
Anaheim Ducks | $164M | $0.9B |
Winnipeg Jets | $162M | $0.8B |
Florida Panthers | $161M | $0.8B |
Buffalo Sabres | $159M | $0.8B |
San Jose Sharks | $158M | $0.9B |
Columbus Blue Jackets | $151M | $0.8B |
Ottawa Senators | $128M | $1.0B |
Arizona Coyotes | $120M | $0.5B |
In the 2022/23 season, the Florida Panthers pulled off a major upset in the first round of the playoffs and fought their way to the finals before losing to the Vegas Golden Knights.
Despite the success last season, the Panthers still find themselves in the bottom six in this ranking, with $161 million in revenue. The team also has the second lowest operating income in the league, after Ottawa. Florida is an emerging hockey market though, with revenue increasing 9% over the past five years.
Other Hockey Revenue Highlights
- Along with the Oilers, the Toronto Maple Leafs sit at the top of the revenue ranking. There is a key difference though: the Maple Leafs have a higher valuation-to-revenue multiple (10x vs 6.6x).
- Professional hockey remains attractive to advertisers. In the 2022/23 season, team-specific sponsorship revenue was 36% higher than in 2018/19.
- The team with the lowest revenue, the Arizona Coyotes, will be moving to Utah next season.
The post Ranked: Which NHL Team Takes Home the Most Revenue? appeared first on Visual Capitalist.
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