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Leafs, Rangers franchises worth over $400 million; Pens make biggest jump

Associated Press

Wednesday, October 29, 2008

NEW YORK -- For the third straight year, the Toronto Maple Leafs are the NHL's most valuable team, worth $448 million. The Leafs increased in value by 9 percent and easily were valued ahead of the New York Rangers in Forbes' annual rankings. The Rangers are worth $411 million. Third on the list were the Montreal Canadiens at $334 million, followed by the Stanley Cup champion Detroit Red Wings ($303 million) and the Philadelphia Flyers ($275 million). But the biggest increase in value was made ...

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