Forbes ranks Blackhawks NHL's fourth most valuable team

Forbes ranks Blackhawks NHL's fourth most valuable team

Wednesday afternoon, Forbes.com released it's list of the NHL's most valuable franchises.  According to their numbers, the Chicago Blackhawks are the league's fourth most valuable franchise with a current value of $350 million.  Only the Toronto Maple Leafs ($1 billion), New York Rangers ($750 million), and Montreal Canadiens ($575 million) finished ahead of the Hawks.

While these numbers aren't surprising, they could be skewed a number of ways when it comes to the ongoing NHL Lockout and it's negotiations.

Players will point to the franchises on top.  How can teams with values nearing half a billion dollars or more cry poor and say they need more "cost certainty"?  The league will point to the franchises at the bottom of the list.  Ten teams don't the $200 million value mark.  Three teams (St. Louis, Columbus, and Carolina) actually lost value in the last year.  Phoenix, who is controlled by the NHL, would likely have been in the same boat had the league not handled their finances.

It's hard to say exactly who this list will benefit, but to me the players have the most sensible argument.  The NHL's total revenue last year was $3.4 billion dollars, which is a 9% increase from the year before.  Again, none of that is news, but to see it backed up by an independent and unbiased publication can only help their arguments.

Here's a look at the complete list :

1. Toronto Maple Leafs

$1 billion

2. New York Rangers

$750 million

3. Montreal Canadiens

$575 million

4. Chicago Blackhawks

$350 million

5. Boston Bruins

$348 million

6. Detroit Red Wings

$346 million

7. Vancouver Canucks

$342 million

8. Philadelphia Flyers

$336 million

9. Pittsburgh Penguins

$288 million

10. Los Angeles Kings

$276 million

11. Washington Capitals

$250 million

12. Calgary Flames

$245 million

13. Dallas Stars

$240 million

14. Edmonton Oilers

$225 million

15. San Jose Sharks

$223 million

16. Ottawa Senators

$220 million

17. Minnesota Wild

$218 million

18. Colorado Avalanche

$210 million

19. New Jersey Devils

$205 million

20. Winnipeg Jets

$200 million

21. Anaheim Ducks

$192 million

22. Buffalo Sabres

$175 million

23. Tampa Bay Lightning

$174 million

24. Florida Panthers

$170 million

25. Nashville Predators

$167 million

26. Carolina Hurricanes

$162 million

27. New York Islanders

$155 million

28. Columbus Blue Jackets

$145 million

29. Phoenix Coyotes

$134 million

30. St. Louis Blues

$130 million

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  • Yet. W. Rockwell Wirtz only claims that he is losing only half as much as his father, and the liquor distributorship business shouldn't be subsidizing the Hawks. That can't be reconciled with this.

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