New York Islanders Rank 12th in NHL Team Value Rankings

Forbes has released its list of NHL value rankings for the year 2022. The New York Islanders ranked 12th in the NHL, with a value of $1.02 billion. They have an operating income of $34 million and have risen seven percent in worth from last season.

The average value for an NHL team has risen 19 percent from last season and is now $1.03 billion

In 2014, New York Islanders owner Charles Wang sold the franchise to Jon Ledecky and Scott Malkin. Per the agreement, Wang would continue to be the majority owner until 2016. The reason for the two-year wait was solely due to the fact that the Islanders were on the move to Barclays Center for the 2015-2016 NHL season.

Wang owned the team in their “final season” at Nassau Veterans Memorial Coliseum and their first year at Barclay’s Center.

Since Ledecky and Malkin have taken over, the New York Islanders have qualified for the Stanley Cup Playoffs, from 2018-2020, before missing the postseason in 2021-22.

In 2017, the Islanders won a bid to build an arena in Belmont Park. In August of 2019, the Islanders were officially approved, and on Sept 22, the Islanders broke ground.

In 2021-22, the Islanders debut UBS Arena.

With COVID-19 not as serious an issue this season, the fan support at UBS has been much stronger–as if this season was their first year in Elmont.

The valuation breakdown lists $412 million for market, $268 million for stadium, $206 million for sport, and $134 million for brand.