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    Jonathan Tovell
    Oct 3, 2025, 00:21
    Updated at: Oct 3, 2025, 00:21

    Sportico released its NHL team valuations this week. It now has the average value for NHL teams at $2.1 billion. Check it out to learn more.

    The Hockey News owner W. Graeme Roustan shares his NHL team valuations every year in the Money & Power hockey business annual. In Money & Power 2025, the average team valuation was at $2.03 billion.

    It's no wonder the NHL's salary cap is rising quickly. It's also no wonder that any expansion team would probably cost at least $2 billion to enter the league. Which potential expansion city do you think could easily pay that price?