Boston Bruins Are One of the NHL’s Most Valuable Teams, Says CNBC

Boston Bruins Are One of the NHL’s Most Valuable Teams, Says CNBC

The Boston Bruins may have a new coach and have been playing poorly this season, but the franchise is one of the most valuable franchises in the National Hockey League, according to a new study by CNBC.

 

“The average NHL team is worth $1.92 billion, according to CNBC’s Official 2024 NHL Valuations, and recent transactions come at revenue multiples that rival deals done in Major League Baseball,” reports the media business.

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How much is the Boston franchise worth? CNBC reports the Bruins franchise is worth $2.75 billion. That ranks the B's fifth.

 

“Steady revenue growth combined with a hard salary cap and a leaguewide revenue-sharing system all but ensure profitability for the league’s 32 teams. For the 2023-24 season, the NHL’s hockey-related revenue was $6.3 billion, 8.6% higher than the previous season, according to the league. The NHL also hit record national sponsorship revenue last season, bringing in $250 million, as well as record regular-season gate receipt revenue of $2.4 billion, the NHL said,” according to CNBC.

 

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