Sports business publication Sportico has just released their valuations for all 32 NHL franchises.

According to Sportico’s calculations, the average NHL team is worth $934 million, and the combined fair-market value of the NHL’s 32 clubs, including ownership’s stakes in real estate, regional sports networks and additional team-related holdings, is $30 billion.

The Washington Capitals currently rank 8th in the NHL at a value of $1.17 billion. The Toronto Maple Leafs are the league’s most valued franchise at an even $2 billion.

Four other Original Six teams — The New York Rangers ($1.87 billion), Montreal Canadiens ($1.58 billion), Chicago Blackhawks ($1.56 billion) and Boston Bruins ($1.31 billion) — round out the top five. The Detroit Red Wings — the other Original 6 team — are 10th at $1.03 billion.

The Edmonton Oilers ($1.16 billion) are ninth, the Vancouver Canucks are 11th ($980 million), the Calgary Flames are 16th ($840 million), the Winnipeg Jets are 22nd ($750 million) and the Ottawa Senators are 29th ($540 million).

The Arizona Coyotes ($410 million) are last.

To no surprise NHL franchises are in the bottom tier in value when compared to other North American sports leagues. (Valuations in billions)

The Toronto Maple Leafs are ranked 59th overall while the Capitals are ranked 97th overall. [Click to enlarge].

Tables: @novi_williams

The Washington Wizards rank just ahead of the Toronto Maple Leafs at #58 with a valuation of $2.05 billion.

By Jon Sorensen