The Toronto Maple Leafs have struggled to make a deep run in the Stanley Cup playoffs, but it hasn't affected their valuation.
According to Sportico, the Maple Leafs are the most valuable franchise in the NHL at $2 billion.
The New York Rangers and Montreal Canadiens round out the top three, while the back-to-back defending champion Tampa Bay Lightning rank just 18th with a valuation of $805 million.
10 Most Valuable NHL Franchises
1. Toronto Maple Leafs: $2 billion
2. New York Rangers: $1.87 billion
3. Montreal Canadiens: $1.58 billion
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