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SJHN Daily: Sharks Are 26th-Most Valuable NHL Franchise



Credit: Martin Gillet (CC BY-NC-SA 2.0)

The San Jose Sharks is the 26th-most valuable franchise in the NHL, dropping two spots from last year.

According to Sportico, the Sharks are worth $755 million dollars. The club’s value increased 7 percent from last year. Despite that growth, the team’s value is still well under the $1.01-billion NHL average.

The Toronto Maple Leafs headline Sportico’s list, valued at $2.12 billion. The top-five franchises are all from the Original 6, including the Leafs, New York Rangers, Montreal Canadiens, Chicago Blackhawks, and Boston Bruins. Luckily for the NHL, the bottom-four franchises — the Arizona Coyotes, Florida Panthers, Carolina Hurricanes, and Columbus Blue Jackets — all saw at least 13 percent growth in value from last year.

Per Sportico, the Sharks generated $145 million in revenue last season, considerably better than the $59 million they earned in 2020-21, which was heavily impacted by capacity restrictions and the shortened season.

As sports franchises are assets with very limited supply, Sportico believes their continued growth is almost certain for owners. San Jose Sharks’ principal owner Hasso Plattner is likely very happy with the growth seen throughout the NHL and in his team.


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