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For the first time, hockey team valuations have crossed the $4 billion threshold, with CNBC's NHL valuations led by the Toronto Maple Leafs, at $5.4 billion, the New York Rangers, at $4.7 billion, and the Montreal Canadiens, at $4.1 billion. The average NHL team is now worth $2.71 billion, 23% more than a year ago . Don't be fooled by the lone NHL control sale to close over the past 12 months: the $1.8 billion sale of the Pittsburgh Penguins to the Hoffmann family. Although the transaction was approved by the league in June, the price was negotiated about 18 months ago. Look instead at the latest minority stake transactions. In March the NHL approved the sale of a 12.
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