The annual franchise valuations were released, and the Rangers made big news.
Forbes estimates the value of the Rangers at $2 billion, a one-year increase of 21 percent and a five-year increase of 60 percent.
The Rangers are the first NHL franchise to reach a $2 billion valuation.
Forbes ranks the Toronto Maple Leafs ($1.8 billion) second, the Montreal Canadiens ($1.6 billion) third and the Chicago Blackhawks ($1.4 billion) third.
This is the seventh consecutive year the Rangers have ranked as the NHL’s most valuable franchise according to Forbes.
The New York Islanders ranked tenth with a $950 million valuation. With their new barn, the Islanders’ one-year increase was a remarkable 83 percent. Their five-year increase is 147 percent.
The New Jersey Devils ranked 15th with a $775 million valuation. Their value increased 46 percent in the past year and 142 percent over the past five.