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NHL·FINAL·March 21, 2026 11:31 AM ET

13 NHL Teams, Including Blackhawks, Top $250M in 2024-25 Revenue: Forbes

Exposes widening revenue gap across NHL that could shape spending and competitiveness amid skyrocketing salary cap.

Wire Report IntelligenceUpdated Mar 211 min read
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What happened: Forbes reports 13 NHL franchises, including the Chicago Blackhawks, generated $250 million or more in revenue during the 2024-25 season. Eleven teams earned less than $220 million. The Edmonton Oilers led the league with $431 million.

Why it matters: The disparity highlights financial haves and have-nots, potentially influencing roster investments as the salary cap rises rapidly. For Blackhawks fans, strong revenue positions the team to capitalize on cap growth during rebuild.

By the numbers: Revenue highlights: - Edmonton Oilers: $431M (league-high) - 13 teams: $250M+ - Chicago Blackhawks: $250M+ (valuation $2.8B) - 11 teams: <$220M

What to watch: Await full Forbes rankings and Blackhawks GM Kyle Davidson's offseason moves as cap expands.

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BenPopeCSTMar 21
NHLAnalysisChicago BlackhawksEdmonton Oilers
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