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Red Wings Valued At $336 Million, Ranked 4th In NHL

According to prominent business magazine Forbes, the Detroit Red Wings are valued at $336 million, which ranks fourth in the NHL. The Toronto Maple Leafs top the list, checking in with a value of $521 million.

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The Red Wings' value increased by seven percent over the last year. That ranks 12th in the league. The biggest movers on the list, in terms of increased value, were the Winnipeg Jets. The team formerly known as the Atlanta Thrashers played its first season in its new city in 2011-12, and it resulted in a 21-percent jump in value.

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Detroit brought in $165 million in revenue and had an operating income of $16.3 million, which ranked sixth in the league.

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In addition to the Maple Leafs, the New York Rangers and Montreal Canadiens ranked ahead of the Red Wings on the list. New York and Montreal were valued at $507 million and $445 million, respectively.

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The Phoenix Coyotes had the lowest value in the league, $134 million.

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For more Red Wings coverage, check out Winging It In Motown and SB Nation Detroit.