'Forbes': Rangers worth $1.5B, again NHL's most valuable team at $1.5B

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‘Forbes’: Rangers worth $1.5B, again NHL’s most valuable team at $1.5B

The New York Rangers are worth an NHL-high $1.5 billion as team values continue to rise, according to the latest estimate by Forbes.

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NEW YORK (AP) — The New York Rangers are worth an NHL-high $1.5 billion as team values continue to rise, according to the latest estimate by Forbes.

In its annual list of franchise valuations, Forbes says the average NHL team is now worth $594 million, up 15 percent from a year ago. It comes on the heels of Bill Foley’s group paying $500 million for the expansion Vegas Golden Knights, who come in 14th among 31 teams.

The Rangers lead the NHL…

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