NHL Team Valuations For 2025 Reportedly Rise 15% To $70B, Higher Than Individual Market Caps Of GM, Ferrari, Coinbase

The cumulative valuation of the 32 teams in the NHL stands at $70.4 billion, based on an average valuation of $2.2 billion per team.
A general view of the NHL logo on the scoreboard during the second period of the game between the Washington Capitals and the Ottawa Senators at Capital One Arena on October 25, 2025 in Washington, DC
A general view of the NHL logo on the scoreboard during the second period of the game between the Washington Capitals and the Ottawa Senators at Capital One Arena on October 25, 2025 in Washington, DC. (Photo by Scott Taetsch/Getty Images)
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Rounak Jain·Stocktwits
Updated Nov 25, 2025   |   1:42 PM EST
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  • The most valuable NHL team is the Toronto Maple Leafs, valued at $4.3 billion, up 8% in 2025.
  • The Buffalo Sabres are the team with the lowest valuation in the NHL, at $1.42 billion, growing by 24% compared to the previous year
  • Pittsburgh Penguins’ valuation remained unchanged in 2025, at $1.76 billion.

The cumulative valuation of the 32 teams in the National Hockey League (NHL) has reportedly increased by 15% in 2025, reaching $70.4 billion. This is higher than the individual market capitalizations of several popular companies, including General Motors Co. (GM), Ferrari NV (RACE), Coinbase Global Inc. (COIN), and Cloudflare Inc. (NET), among others.

According to a CNBC report, a rise in national media rights has driven up NHL teams’ valuations, citing a deal the league struck with Rogers Communications Inc. (RCI). The average valuation of an NHL team now stands at $2.2 billion, compared to $1.92 billion in 2024.

NHL Teams’ Valuation Compared

NameValuation (as of 12:30 pm, Nov. 25, 2025)
NHL Teams$70.4 billion
General Motors$69.33 billion
Ferrari$69.15 billion
Cloudflare$67.7 billion
Coinbase Global$66.58 billion

General Motors’ shares were up nearly 3% in Tuesday’s midday trade, Ferrari’s shares gained around 2%, while Coinbase shares were down around 3%. Retail sentiment around General Motors trended in the ‘bullish’ territory at the time of writing.

Most Valuable NHL Team

The most valuable NHL team is the Toronto Maple Leafs, valued at $4.3 billion, according to the report. The team’s valuation rose 8% in 2025, from $4 billion a year ago.

For context, Sunrun Inc.’s (RUN) market capitalization stood at $4.22 billion at the time of writing. Sunrun is a California-based provider of photovoltaic systems and battery energy storage products.

The Carolina Hurricanes were the NHL team with the highest valuation growth in 2025, surging to $2 billion from $1.3 billion a year ago.

Least Valuable NHL Team

The Buffalo Sabres are the team with the lowest valuation in the NHL, at $1.42 billion, up 24% from the previous year, according to the report.

This matches the market capitalization of companies like Spectrum Brands Holdings Inc. (SPB) and PagerDuty Inc. (PD).

Pittsburgh Penguins’ valuation remained unchanged in 2025, at $1.76 billion.

Also See: David Sacks Clarifies He Remains Opposed To AI Bailouts After Saying Reversal In Investments Would Risk Recession

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