NHL

New York Rangers Franchise Worth Goes Up, Now Second In NHL

Summarized by: Live Sports Direct
 
New York Rangers Franchise Worth Goes Up, Now Second In NHL

New York Rangers franchise worth went up 7% from the 2021-2022 season. The average franchise value is now $1.01 billion. New York is currently tied for first place in the Metropolitan Division with the New Jersey Devils with 14 points.

The New York Rangers franchise worth has gone up. The team has made it to the playoffs 61 times and won four Stanley Cups. This will be the first season with a sports gaming sponsorship due to legalized betting in New Yorkers. Last season the team grossed $94 million, but the highest revenue was in 2008-09 when the Rangers generated $270 million. The Rangers are also $173,701 under the salary cap.

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