While the lockout between the NHL and the NHLPA continues, the St. Louis Blues made headlines today as the least valuable franchise among the league’s 30 teams, according to Forbes.
The report said the Blues are worth $130 million and had revenue of $89 million during the 2011-12 season. The Blues’ value was $4 million behind the 29th ranked Phoenix Coyotes.
Topping the Forbes list were the Toronto Maple Leafs with a value of $1 billion. The New York Rangers ($750 million), Montreal Canadiens ($575 million), the Chicago Blackhawks ($350 million) and the Boston Bruins ($348 million) rounded out the top five of the value list. Read more on St.Louis Business Journal.