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Detroit Red Wings Rank As Fourth Most Valuable NHL Team By Forbes

Recently, Forbes published a piece about the NHL and the great business its been doing league-wide. Team values, according to the business magazine, are at an all-time high. The average team in the NHL is worth $240 million, up 5% as the revenue increases between last season and this season. It's great news, but it also comes with talk about a future collective bargaining agreement that will need to be adjusted - the teams just aren't making enough with the margins they're currently given. But that's a post for another day.


They also posted team valuation charts, and the Detroit Red Wings come in at the fourth on the team value list. Detroit has a current value of $336 million, up seven percent from last year. There's no debt, and their revenue is set at $127 million. Their operating income is only $16.3 million, but it's great numbers nonetheless. The top three ahead of the Red Wings are Toronto up top, the Rangers in second and Montreal in third. Rounding out the top five below Detroit is the Bruins.