The Toronto Maple Leafs Are Supposedly Still One Of The NHL's Most Valuable Teams
Pandemic or not, there's still a lot of money left inside the Scotiabank Arena vaults.
It's safe to say that the Forbes report released today.didn't need any CERB money, according to a
The report ranks each NHL team by their "team value" and lists other stats like their revenue, operating income, and debt.
And thewere placed in second place, with a team value of $1.5 billion.
The Leafs' team value according to Forbes
They were only behind the New York Rangers, who were valued at $1.65 billion.
Toronto's value wasn't affected by the pandemic, Forbes said, who reported a 0% one-year value change.
But they would have gone without the $91 million per year that the outlet says comes from ticket sales.
Forbes also says the Leafs are paying $99 million in player expenses, but they're not getting the most out of them.
Forbes says they have a "wins-to-player cost' ratio of 72, meaning they're achieving 28% fewer wins than they should have done in 2019-2020 when you consider how much money they're paying their players.
That's the second-lowest ratio in the entire NHL.
But there's good news, Leafs fans — you beat out the Habs for most valuable team by a cool $160 million.