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The Boston Globe

Sports

Maple Leafs first NHL team valued at $1b

The Toronto Maple Leafs are the first ice hockey team to be worth $1 billion, more than triple the average value of National Hockey League (NHL) franchises, according to an annual survey released by Forbes on Wednesday.

The Maple Leafs, who were acquired by Rogers Communications and telecom provider BCE a year ago, topped the list for the seventh consecutive year despite their failure to make the NHL playoffs since 2004.

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