Washington Capitals now valued at over $2 billion
Briefly

Washington Capitals now valued at over $2 billion
"Sportico, a leading resource for sports business news, presented its 2025 valuations of every team in the NHL on Wednesday, and the Caps are ranked ninth out of the 32 clubs. While that ranking may not sound impressive, the valuation certainly is. Sportico estimates the Capitals crossed the $2 billion mark for the first time and are worth $2.3 billion. The franchise's valuation has increased by 24 percent from the $1.86 billion valuation it received at the same time last year."
"Twelve of the 32 NHL franchises are estimated to be worth over $2 billion. The Toronto Maple Leafs are the most valuable in the league, receiving a $4.25 billion valuation from Sportico - worth about $2 billion more than the Capitals. The New York Rangers ($3.65 billion), Montreal Canadiens ($3.3 billion), Boston Bruins ($3 billion), Los Angeles Kings ($2.96 billion), Edmonton Oilers ($2.76 billion), Chicago Blackhawks ($2.74 billion), and Philadelphia Flyers ($2.66 billion) are the only other teams worth more than the Caps."
"The Capitals have now been ranked ninth by Sportico for four consecutive years. They sat eighth in 2021 ($1.17 billion) but were overtaken by the Flyers in 2022. Current owner Ted Leonsis originally paid Abe Polin $85 million for the Capitals franchise in 1999 - overseeing an increase in value of $2.215 billion. The team is currently executing significant renovations to Capital One Arena, their home building, which should further increase future estimations."
Sportico's 2025 NHL valuations place the Washington Capitals ninth overall with a valuation of $2.3 billion, marking the first time the franchise crossed the $2 billion threshold. The valuation rose 24 percent from $1.86 billion a year earlier. Twelve NHL teams are estimated above $2 billion, led by the Toronto Maple Leafs at $4.25 billion. Other teams above the Capitals include the New York Rangers, Montreal Canadiens, Boston Bruins, Los Angeles Kings, Edmonton Oilers, Chicago Blackhawks, and Philadelphia Flyers. Owner Ted Leonsis bought the team in 1999 for $85 million. Capital One Arena is undergoing major renovations, and Alex Ovechkin's potential departure looms as his contract ends.
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