Penguins: Stanley Cup Champs Not NHL’s Most Valuable Team

PITTSBURGH, PA – The Penguins have back-to-back Stanley Cup championships, though a authorization is usually a 10th many profitable authorization in a National Hockey League.

Forbes has expelled a annual NHL valuations, and for a third true deteriorate a New York Rangers are a league’s many profitable franchise. The Rangers, who kick a Penguins 4-3 Tuesday, are value $1.5 billion.

In a form of a Pens, Forbes placed some-more stress on a team’s disaster so distant to redevelop a aged Civic Arena site than a new run of Stanley Cups.

“The team’s genuine estate plan surrounding PPG Paints Arena is relocating along during a snail’s pace.,” Forbes noted. “In November, a Penguins narrowly won a bid to get some-more time to redevelop a former locus site though a conflict might not be over. In a 3-2 vote, a Pittsburgh Urban Redevelopment Authority house authorized a understanding to give a group another year.”

Although a Penguins usually ranked 10th in valuation, there’s no need to empathize co-owners Mario Lemieux and Ron Burkle.

The Pens are still value $56 million some-more than a NHL authorization normal of $594 million, and a authorization has appreciated by $543 million given Lemieux and Burkle purchased a group out of failure for $107 million in 1999.

The 10 many profitable NHL franchises:

  • 1. New York Rangers: $1,5 billion
  • 2. Toronto Maple Leafs $1.4 billion
  • 3. Montreal Canadiens: $1.25 billion
  • 4. Chicago Blackhawks: $1 billion
  • 5. Boston Bruins: $890 million
  • 6. Los Angeles Kings: $750 million
  • 7. Philadelphia Flyers $740 million
  • 8. Vancouver Canucks $730 million
  • 9. Detroit Red Wings $700 million
  • 10. Penguins: $650 million

Photo: Associated Press.

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