Inside the Business of the NHL’s Fastest-Growing Franchise

How the New York Islanders jumped 40% in value, attracted minority investors at a $3bn valuation, and built a business around UBS Arena, premium revenue and the economics of the New York market.

In 2014, the New York Islanders changed hands for $485m. Today, private investors are buying into the franchise at a $3bn valuation.

No NHL team has been repriced faster. Sportico lifted the Islanders’ valuation 40% in the latest year, the biggest increase in the league and more than 2x the NHL average of 16%.

UBS Arena explains part of it. Revenue has ne…