NEW YORK -- 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 for the third consecutive year. After the Rangers, the Toronto Maple Leafs are second at $1.4 billion, the Montreal Canadiens third at $1.25 billion and the Chicago Blackhawks fourth at $1 billion.
The back-to-back Stanley Cup-champion Pittsburgh Penguins come in 10th at $650 million. The Arizona Coyotes are last at $300 million.
Sabres: Moulson loaned to Kings’ AHL affiliate
BUFFALO, N.Y. -- The Buffalo Sabres are shipping Matt Moulson to California to continue playing after the underachieving winger cleared waivers.
The Sabres loaned Moulson to the Ontario Reign of the American Hockey League on Tuesday, rather than their nearby affiliate, the Rochester Americans. Ontario is the top minor league affiliate of the Los Angeles Kings.
General manager Jason Botterill said Moulson has been a "true professional" about being placed on waivers. The 34-year-old has no points in 14 games this season and is in the fourth season of a $25 million, five-year contract.
"From an organizational standpoint, we felt that with our young forwards in place in Rochester, we did not want to take away from their development and ice time by adding another veteran player at this time," Botterill said.
"Matt has previously spent time within the Kings organization early in his career and we felt this would be the best opportunity for him."
Moulson played parts of two seasons earlier in his career for Los Angeles. He remains property of the Sabres and counts $3.975 million against their salary cap while in the minors (see full story).