11/28/2012 07:12 EST | Updated 01/08/2013 04:20 EST

Calgary Flames, Edmonton Oilers: How Much Are They Worth?


Have you ever wondered what the Calgary Flames or the Edmonton Oilers are worth?

Forbes magazine has broken it down.

According to the publication, which named the Toronto Maple Leafs the most expensive NHL franchise with a value of $1 billion, the Calgary Flames came in at number 12, while the Oilers ranked 14th, almost dead smack in the middle of the 30-team organization.

With a revenue of $106 million for the 2011-2012 season, the Oilers were valued by Forbes at $225 million, while the Flames, who earned $117 million during the same season, were valued at $245 million.


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The disparity between teams is cause for concern, the report stated, pointing out that the average price of the top six teams in the league

"Our data illustrates the league’s conundrum. Fueled by a 9% increase in overall revenue to $3.4 billion during the 2011-12 season, the average National Hockey League team is now worth $282 million, 18% more than a year ago," Forbes says.

"But the spread between the rich and poor teams is dramatic. The five most valuable teams–the Maple Leafs ($1 billion), New York Rangers ($750 million), Montreal Canadiens ($575 million), Chicago Blackhawks ($350 million) and Boston Bruins ($348 million)–are worth $605 million, on average.

"The five least valuable–the Carolina Hurricanes ($162 million), New York Islanders ($155 million), Columbus Blue Jackets ($145 million), Phoenix Coyotes ($134 million) and St. Louis Blues ($130 million)–are worth just $145 million, on average."