NHL Commissioner Gary Bettman on rising team valuations, league expansion and gambling [CNBC]
Rogers Communication, Inc. (RCI)
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National Hockey League Commissioner Gary Bettman says NHL franchises are still undervalued, despite the average team value reaching $2.2 billion and the Toronto Maple Leafs topping the list at $4.3 billion, according to CNBC's Official NHL Team Valuations for 2025, released on Tuesday. Bettman said their is strong interest in NHL expansion, and any new teams would require a minimum $2 billion buy-in. The NHL commissioner said hockey's recent deal with prediction market sites gives the league greater oversight of betting activity. National Hockey League Commissioner Gary Bettman says he believes NHL teams are still being undervalued. That is despite the average NHL team value reaching $2.2 billion, a 15% jump from last year, according to CNBC's Official NHL Team Valuations , published on Tuesday. The Toronto Maple Leafs top the 2025 CNBC list at a $4.3 billion value, but Bettman says that is still underselling the league's most richly valued team. “If you were to put the T
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