At first glance this seems like an impossible change, seeing as the Leafs have been the most valuable franchise in the league for a decade.
Their reasoning is that the Leafs lost 12% of their value, dropping to $1.15B, whereas the Canadiens added 18% to their franchise evaluation, and are worth $1.18B.
The Rangers took the top spot, with a $1.2B evaluation.
Moving up from third in 2014 to second are the Montreal Canadiens, worth $1.18 billion, 18% more than last year. Of the seven Canadian teams, Les Habitants were the only one to increase in value over the past year. Last season, the Canadiens began a long-term local television deal with Réseau des sports that will pay the team an average of C$68 million a season, more than double their previous agreement
Here are the top 10 franchises:
Of course, if we're being honest, if all the listed teams were sold the highest pay out would probably still go to the Maple Leafs, so we might want to take these evaluations with a grain of salt.