Forbes released it's annual list of most valuable franchises' in the NHL for 2017. Thanks, probably to the huge lucrative arena naming rights deal they struck this past year with Scotiabank, the Leafs were able to leapfrog the Montreal Canadiens for second on the list. That naming rights deal saw Scotiabank sign on for $640million over the next 20 years and helped the Leafs grow their value to $1.4Billion just ahead of the Canadiens who sit at $1.25billion. The New York Rangers generated $246million in revenue, the most in the league and along with their operating revenue sitting at $94million, the team finished with a valuation of $1.5billion, top on the list. The Chicago Blackhawks were the other billionaire club at $1billion even. The least valuable team is the Arizona Coyotes who sit with a valuation of $300million. The Vegas Golden Knights saw themselves in the middle of the pack at $500million. Here's the full list:New York Rangers $1.5 Billion
Toronto Maple Leafs $1.4 Billion
Montreal Canadiens $1.25 Billion
Chicago Blackhawks $1 Billion
Boston Bruins $890 Million
Los Angeles Kings $750 Million
Philadelphia Flyers $740 Million
Vancouver Canucks $730 Million
Detroit Red Wings $700 Million
Pittsburgh Penguins $650 Million
Washington Capitals $625 Million
Edmonton Oilers $520 Million
Dallas Stars $515 Million
Vegas Golden Knights $500 Million
San Jose Sharks $490 Million
Anaheim Ducks $460 Million
St. Louis Blues $450 Million
Minnesota Wild $440 Million
Calgary Flames $430 Million
Ottawa Senators $420 Million
New Jersey Devils $400 Million
New York Islanders $395 Million
Tampa Bay Lightning $390 Million
Colorado Avalanche $385 Million
Nashville Predators $380 Million
Winnipeg Jets $375 Million
Carolina Hurricanes $370 Million
Buffalo Sabres $350 Million
Columbus Blue Jackets $315 Million
Florida Panthers $305 Million
Arizona Coyotes $300 Million
