Maple Leafs, Rangers, Canadiens Top Sportico's 2026 NHL Franchise Valuations, Full Rankings Revealed

The Toronto Maple Leafs may have missed the playoffs last season, but they at least retained one title.

Sportico estimates the Leafs are the most valuable NHL franchise at $4.8 billion, a 13 percent increase from 2025. The New York Rangers are the only other team into $4 billion territory.

Here's the full ranking of all 32 franchises:

1. Toronto Maple Leafs, $4.8 billion
2. New York Rangers, $4.15 billion
3. Montreal Canadiens, $3.8 billion
4. Los Angeles Kings, $3.3 billion
5. Boston Bruins, $3.31 billion
6. Chicago Blackhawks, $3.24 billion
7. Philadelphia Flyers, $3.15 billion
8. Edmonton Oilers, $3.11 billion
9. New Jersey Devils, $2.72 billion
10. New York Islanders, $2.7 billion
11. Washington Capitals, $2.67 billion
12. Vegas Golden Knights, $2.41 billion
13. Detroit Red Wings, $2.4 billion
14. Calgary Flames, $2.24 billion
15. Carolina Hurricanes, $2.22 billion
16. Tampa Bay Lightning, $2.2 billion
17. Colorado Avalanche, $2.18 billion
18. Dallas Stars, $2.17 billion
19. Florida Panthers, $2.15 billion
20. Vancouver Canucks, $2.05 billion
21. Minnesota Wild, $1.97 billion
22. Anaheim Ducks, $1.92 billion
23. Seattle Kraken, $1.9 billion
24. Nashville Predators, $1.85 billion
25. San Jose Sharks, $1.78 billion
26. Pittsburgh Penguins, $1.75 billion
27. Utah Mammoth, $1.71 billion
28. St. Louis Blues, $1.7 billion
29. Ottawa Senators, $1.55 billion
30. Buffalo Sabres, $1.53 billion
31. Winnipeg Jets, $1.52 billion
32. Columbus Blue Jackets, $1.5 billion

The Calgary Flames had the biggest jump, climbing five spots to 14th, while the New York Islanders saw the largest growth in their valuation. They increased by 40 percent to $2.7 billion.

That comes after Sportico's Kurt Badenhausen reported the Islanders ownership group sold off equity stakes valuing the franchise at $3 billion.

The Dallas Stars went in the opposite direction. While their $2.17 billion valuation is up from last year, they dropped five spots. The uncertainty over their arena situation — they're pursuing a new venue in Plano — might be impacting Sportico's financial math.

Should the Stars succeed with the Plano plan, their valuation could look much different.