The National Hockey League may be ranked fourth when it comes to the “Big 4” professional sports leagues, but it is still a multi-billion dollar industry with a strong, passionate fan base.
As the sport continues to grow, so do the revenue streams for each franchise.
A recent report from Bookies.com analyzed revenue data from 2012-2020 to forecast which franchise will be the wealthiest by 2025.
Bookies.com studied the earnings of each team from 2012-2019 (excluding 2020 due to the COVID-19 pandemic), which included all revenue streams and amount published by each team in their annual accounts.
This data was used to generate predicted revenue information for the next four years which found the following results:
(Ordered by 2025 projected revenue.)
1.) Montreal Canadiens
- Projected 2021 revenue: $304.97 million
- Projected 2025 revenue: $327.21 million
Al Bello - Getty Images
2.) New York Rangers
- Projected 2021 revenue: $320.90 million
- Projected 2025 revenue: $325.09 million
3.) Boston Bruins
- Projected 2021 revenue: $242.97 million
- Projected 2025 revenue: $296.34 million
4.) Toronto Maple Leafs
- Projected 2021 revenue: $257.74 million
- Projected 2025 revenue: $295.99 million
5.) Chicago Blackhawks
- Projected 2021 revenue: $236 million
- Projected 2025 revenue: $285.34 million
6.) Los Angeles Kings
- Projected 2021 revenue: $228.89
- Projected 20205 revenue: $283.56 million
Emilee Chinn - Getty Images
7.) Pittsburgh Penguins
- Projected 2021 revenue: $230.05 million
- Projected 2025 revenue: $278.94 million
8.) Washington Capitals
- Projected 2021 revenue: $210.39 million
- Projected 2025 revenue: $268.97 million
9.) Philadelphia Flyers
- Projected 2021 revenue: $212.68 million
- Projected 2025 revenue: $264.60 million
10.) St. Louis Blues
- Projected 2021 revenue: $208.12 million
- Projected 2025 revenue: $252.30 million
11.) New Jersey Devils
- Projected 2021 revenue: $197.24 million
- Projected 2025 revenue: $241.43 million
Gregory Shamus - Getty Images
12.) Detroit Red Wings
- Projected 2021 revenue: $196.29 million
- Projected 2025 revenue: $233.45 million
13.) Dallas Stars
- Projected 2021 revenue: $187.80 million
- Projected 2025 revenue: $229.51 million
14.) San Jose Sharks
- Projected 2021 revenue: $182.67 million
- Projected 2025 revenue: $222.35 million
15.) Minnesota Wild
- Projected 2021 revenue: $174.15 million
- Projected 2025 revenue: $209.71 million
Amalie ArenaMike Ehrmann - Getty Images
16.) Tampa Bay Lightning
- Projected 2021 revenue: $168.12 million
- Projected 2025 revenue: $208.43 million
17.) Vancouver Canucks
- Projected 2021 revenue: $182.64 million
- Projected 2025 revenue: $206.37 million
18.) Edmonton Oilers
- Projected 2021 revenue: $187.99 million
- Projected 2025 revenue: $204.09 million
19. Nashville Predators
- Projected 2021 revenue: $177.21 million
- Projected 2025 revenue: $203.36 million
20.) Anaheim Ducks
- Projected 2021 revenue: $170.76 million
- Projected 2025 revenue: $188.59 million
Buffalo Sabres (@BuffaloSabres)
21.) Buffalo Sabres
- Projected 2021 revenue: $150.37 million
- Projected 2025 revenue: $178.52 million
22.) Colorado Avalanche
- Projected 2021 revenue: $142.51 million
- Projected 2025 revenue: $172.53 million
23.) New York Islanders
- Projected 2021 revenue: $138.29 million
- Projected 2025 revenue: $170.42 million
24.) Winnipeg Jets
- Projected 2021 revenue: $144.51 million
- Projected 2025 revenue: $167.23 million
25.) Calgary Flames
- Projected 2021 revenue: $147.58 million
- Projected 2025 revenue: $165.24 million
26.) Carolina Hurricanes
- Projected 2021 revenue: $135.35 million
- Projected 2025 revenue: $161.04 million
27. Columbus Blue Jackets
- Projected 2021 revenue: $130.47 million
- Projected 2025 revenue: $154.63 million
28.) Ottawa Senators
- Projected 2021 revenue: $152.94 million
- Projected 2025 revenue: $152.49 million
FLA Live ArenaJoel Auerbach - Getty Images
29.) Florida Panthers
- Projected 2021 revenue: $114.55 million
- Projected 2025 revenue: $130.32 million
30.) Arizona Coyotes
- Projected 2021 revenue: $112.58 million
- Projected 2025 revenue: $128.71 million
31.) Vegas Golden Knights*
- Projected 2021 revenue: $141 million
- Projected 2025 revenue: $89 million
* - No revenue available prior to 2018 due to Golden Knights being an expansion team. Therefore data on the Knights is limited and projections may not be as accurate as teams that had data dating back to 2012.
This list does not include the NHL's 32nd franchise, the Seattle Kraken, for the team will begin play this upcoming season.
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