Nov 13, 2026 7:23 PM

The Colorado Avalanche are now worth $2.27 billion, marking a massive increase in franchise value since Stan Kroenke purchased the team for $202 million in 2000.

The Colorado Avalanche are raking in the cash.

The Avalanche’s value has come a long way since Stan Kroenke purchased the franchise for $202 million in 2000. The team’s valuation has increased by approximately 1,024% since then, making it worth more than 11 times its original purchase price.

According to CNBC’s latest valuations, the three-time Stanley Cup champions are worth an estimated $2.27 billion, good for 18th among NHL franchises. The Toronto Maple Leafs lead the way at $5.4 billion, followed by the New York Rangers at $4.7 billion and Montreal Canadiens at $4.1 billion.

The average NHL team is now worth $2.71 billion, an increase of more than 23% in just one year.

Related stories

Several factors are driving that growth, including rising television audiences and increasingly valuable media rights deals. The NHL’s current U.S. national television agreements with ESPN and Warner Bros. Discovery are worth a combined average of nearly $650 million annually through the 2027-28 season. With viewership numbers climbing, the league could be in line for an even bigger payday when those deals are renegotiated.

The league is also exploring potential expansion into markets such as Houston and Atlanta. Future expansion fees could exceed $2 billion, adding even more value to the league and its existing franchises.

Comments
anonymous profile image
Powered by RoundtableAn AI/DeFi-powered Enterprise Media Operating System. Learn more at Roundtable.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy