The New York Rangers are the National Hockey League's most valuable franchise for a seventh consecutive year and the first worth US$2 billion, according to the annual list published by business magazine Forbes on Wednesday.
The Toronto Maple Leafs , Montreal Canadiens , Chicago Blackhawks and Boston Bruins rounded out the top five. The jump in average team value is due in large part to seven-year U.S. media deals with ESPN and Turner that began this season and will pay the NHL an average of US$625 million a year, according to Forbes.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.