NHL teams dominate the list of Canada’s most valuable sports franchises, reflecting hockey’s popularity across the country.
Franchise valuations are not an exact science, but these numbers give a good indication of where each franchise stands as of November 2025.
9 Most Valuable Sports Franchises in Canada, Ranked
| Rank | Team | Valuation |
| 1 | Toronto Raptors | $5.22 billion |
| 2 | Toronto Maple Leafs | $4.25 billion |
| 3 | Montreal Canadiens | $3.3 billion |
| 4 | Edmonton Oilers | $2.76 billion |
| 5 | Toronto Blue Jays | $2.39 billion |
| 6 | Vancouver Canucks | $1.87 billion |
| 7 | Calgary Flames | $1.82 billion |
| 8 | Ottawa Senators | $1.34 billion |
| 9 | Winnipeg Jets | $1.33 billion |
Who Are Canada’s Most Valuable Teams?
1. Toronto Raptors, $5.22 Billion
Even though the Toronto Raptors have been outsiders for the NBA title at the BetMGM sportsbook over the last few years, they are still Canada’s most valuable sports franchise by a sizeable margin.
NBA franchises have been selling for record amounts in recent years.
2. Toronto Maple Leafs, $4.25 Billion
The Toronto Maple Leafs are owned by Maple Leaf Sports & Entertainment, which also owns the Raptors.
Expert estimations often label the Maple Leafs as the NHL’s most valuable franchise, though this has been refuted by MLSE.
3. Montreal Canadiens, $3.3 Billion
Owned by the Molson family, the Montreal Canadiens have won the Stanley Cup on 24 occasions.
Success has been hard to come by in recent years, but the Canadiens’ brand remains strong.
4. Edmonton Oilers, $2.76 Billion
Thanks to getting the majority of Wayne Gretzky’s peak, the Edmonton Oilers are known all over the world.
Edmonton is waiting for a player of Gretzky’s calibre to take them back to the top.
5. Toronto Blue Jays, $2.39 Billion
With Vladimir Guerrero Jr. signed long-term and a World Series appearance in 2025, the Toronto Blue Jays have attracted immense media attention.
The Jays aren’t as valuable as a couple of their AL East rivals, but their franchise value is still higher than the majority of MLB teams.
6. Vancouver Canucks, $1.87 Billion
Still waiting for their first Stanley Cup, the Vancouver Canucks’ ownership history is messier than that of many other Canadian sports franchises.
The initial owners were sent to prison for stock fraud, and the most recent sale of the team ended up going to court.
7. Calgary Flames, $1.82 Billion
The Calgary Flames have a fierce rivalry with the Oilers due to their geographic proximity. Calgary, despite winning the Stanley Cup in the 1980s, is worth considerably less than Edmonton.
The Flames have failed to reach the playoffs in four of the last five seasons.
8. Ottawa Senators, $1.34 Billion
Founded by a real estate developer, the Ottawa Senators only joined the NHL before the 1992-93 season.
The Sens are the second franchise to carry this name – the original Ottawa Senators played from 1883 to 1954 and won the Stanley Cup 11 times.
9. Winnipeg Jets, $1.33 Billion
Founded as the Atlanta Thrashers in 1997, relocation saw the franchise become the Winnipeg Jets in the early part of the 2010s.
The Jets haven’t made a deep playoff run in recent years, but they have consistently reached the postseason, which is only going to have increased the franchise’s value.
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