For the third straight year, the Maple Leafs are the NHL?s most valuable team, worth $448M, as reported by the Associated Press on Wednesday. The Maple Leafs increased in value by nine per cent and easily were ahead of the Rangers in Forbes? annual rankings. The Rangers are worth $411M. Third on the list were the Canadiens at $334 million, followed by the Red Wings ($303M) and the Flyers ($275M).