Gary Bettman, the NHL Commissioner, recently stated that team valuations are still below market expectations, with an average of $2.2 billion. CNBC’s latest annual ranking indicates this trend, highlighting that valuations haven’t fully captured the inherent worth of NHL franchises. He cited factors including the continued value of brand recognition and long-term potential as contributing to the discrepancy. The Commissioner emphasized the league’s ongoing efforts to enhance player compensation and strategic investments, suggesting a commitment to long-term financial stability.
Credits: US Top News and Analysis
