Red Wings valued at $346 million, according to Forbes

Andrew Weber-US PRESSWIRE

The Detroit Red Wings have been valued at $346 million by Forbes, making them the sixth most valuable franchise in the NHL.

The Detroit Red Wings are worth $346 million, according to Forbes Magazine, making them the sixth most valuable franchise in the NHL. The team is in the midst of a 70-game sellout streak at home, and pulled in $128 million in revenue during the 2011-12 season. The clubs listed ahead of the Red Wings are the Toronto Maple Leafs, New York Rangers, Montreal Canadiens, Chicago Blackhawks, and Boston Bruins.

The Red Wings are one of the most historic clubs in the NHL. They have won 11 Stanley Cups, the most of any American team, and the third-most overall behind the Canadiens and Maple Leafs.

The Red Wings and the rest of the league are currently engaged in a lockout that is nearing its third full month. The Red Wings were scheduled to host the Winter Classic at Michigan Stadium in Ann Arbor on New Year's Day, but labor strife has caused the game to be cancelled.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Detroit

You must be a member of SB Nation Detroit to participate.

We have our own Community Guidelines at SB Nation Detroit. You should read them.

Join SB Nation Detroit

You must be a member of SB Nation Detroit to participate.

We have our own Community Guidelines at SB Nation Detroit. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.