The Kings were bounced from the first round of the Stanley Cup playoffs last season, but they’re still among the top-10 most-valuable teams in the 30-team NHL, according to Forbes’ annual rankings released Wednesday. The Kings are worth $600 million, the ninth-highest total in the league. Their value increased by three percent over Forbes’ rankings for 2015. Their revenue was $142 million and their operating income was minus-$400,000, according to Forbes.
The New York Rangers topped the Forbes list with a value of $1.25 billion. The Montreal Canadiens were second ($1.12 billion) and the Toronto Maple Leafs were third ($1.1 billion). The San Jose Sharks were 13th ($470 million) and the Anaheim Ducks were 15th ($415 million), giving California three franchises in the top half of the league. Of the three California teams, the Sharks’ value increased the most over last year’s rankings, climbing by six percent. The Ducks’ value increased four percent.