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Forbes has Maple Leafs most valuable team

NHL.com @NHL

NEW YORK (AP) -For the fourth straight year, the Toronto Maple Leafs are the NHL's most valuable team, according to Forbes magazine's annual survey.

The Leafs are worth $470 million, an increase of 5 percent over last year. They easily are worth more than the next franchise, the New York Rangers at $416 million, up just 1 percent.

The original six franchises are in the top seven, with only Philadelphia at No. 5 breaking that monopoly. Montreal is third ($339 million), followed by Detroit ($337 million), Philadelphia ($273 million), Boston ($271 million) and Chicago ($258 million).

Chicago has the biggest rise in value, up 26 percent.

Not surprisingly, the Phoenix Coyotes, with all their ownership issues, have the lowest worth, $138 million.

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On the Web: www.forbes.com/nhl

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