The New York Rangers are once again the NHL’s second-most valuable team, according to CNBC’s official NHL team valuations released Tuesday.
CNBC values the Rangers at $3.8 billion, However, it noted that the team took an 18 percent reduction in its television rights, down to $35 million, for the year ending June 2026 as a result of an MSG Networks debt restructuring. But it also said the Rangers took in the most regular-season net gate receipts last season — $179 million – and that over the past four seasons, the Blueshirts earned $615 million from regular-season gate receipts.