CNBC’s newest franchise valuation report dropped, and the New York Rangers stood out for plenty of optimistic causes. The Broadway Blueshirts beforehand drew acclaim in a rating carried out by Sportico, and the newest itemizing features a few fascinating particulars.
CNBC values New York Rangers at $3.8 billion
The newest rating has the Rangers as the NHL’s most precious American franchise, and the second most precious in the whole NHL. The Toronto Maple Leafs are price $4.3 billion, however the Rangers did something higher than each group in the league, and that is gate income.
Per the report, the Rangers made $179 million in common season gate receipts, which was clear and away the highest in the league. What is spectacular is that the Rangers generated the cash they did whereas having considered one of the most disappointing seasons in latest reminiscence. They additionally did this whereas seeing attendance decline barely yr over yr.
To that time, over the final 4 seasons the Rangers have introduced in $615 million, and that is $152 million greater than the Leafs who got here in second at $463 million throughout that span. The Rangers had been very profitable in the three seasons previous to final yr, and it’s no shock to see that they printed the cash they did.
CNBC famous that the Rangers’ valuation is spectacular as a result of they noticed their native TV rights take a minimize of 18% as a part of MSG Networks restructuring their debt. MSG Networks had been concerned in a dispute with Altice, previously Optimum, and followers had been unable to look at video games on TV for a few weeks final season.
Other notable info from CNBC rankings
The Rangers’ total revenue for the final yr was $322 million which was fifth in the league. The Edmonton Oilers raked in $431 million, which is sensible on condition that the workforce made one other Stanley Cup run.
As a complete, income was up in the league to a mean of $243 million per workforce, which is up 9% total. If you have an interest in testing the full report, which incorporates particular person info and listings for every group, you’ll be able to see extra right here.
#NHL #SquawkBox CNBC’s Official NHL Team Valuations 2025: Here’s how the 32 franchises stack up https://t.co/jlARNI5zhK
— Mike Ozanian (@MikeOzanian) November 25, 2025
The Rangers stay considered one of the extra excessive profile groups in all of sports activities, and that comes from taking part in in a constructing as historic as Madison Square Garden, and from being owned by the identical group that controls the New York Knicks. The synergy between the two organizations helps increase total value, and in all probability the two groups can be a bundle deal in the occasion James Dolan ever seemed to promote.