NEW YORK - The Toronto Maple Leafs are the first NHL team worth $1 billion, according to Forbes magazine, while the Minnesota Wildis valued at just$218 million, 17th among the league's 30 teams.
The rankings are part of an annual look at the value of professional sports teams and their impact on their communities.
The Leafs, who have not won a Stanley Cup since 1967, are worth $250 million more than the next most valuable franchise, the New York Rangers. Forbes calculates that The Montreal Canadiens are worth $575 million.
Least valuable of the 30 teams are the St. Louis Blues at $130 million and the Phoenix Coyotes at $134 million.
The Stanley Cup champion Los Angeles Kings are worth $276 million, 10th overall.
Forbes says the NHL's total revenues were $3.4 billion for the 2011-12 season.
With the players locked out by owners, the NHL already has canceled 422 regular-season games.