Sportico valuations expert Kurt Badenhausen joins the show to break down our recently updated NHL valuations. The average NHL franchise is now worth $1.8 billion, up 92% since 2021. As Kurt explains, a lot of that growth has come from Sun Belt teams that were once viewed as struggling properties but have since found a formula for sucess—and sellouts. We also discuss the role of the NHL's current salary cap on valuations, and whether we'd rather own the Boston Bruins or Boston Celtics going forward.

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