The Montreal Canadiens are the most successful franchise in the league in terms of championships, having won the Stanley Cup 24 times in their history. The Stanley Cup is the pinnacle of the NHL season and is the championship trophy awarded to the winners of the league's playoffs. The league also provides a minimum annual player salary to protect its athletes, with the figure totaling to 750 thousand U.S.

Despite not having the most expensive individual player on their roster, the Tampa Bay Lightning had the highest player expenses in the NHL during the 2021/22 season, almost 31 percent higher than the average team payroll in the NHL that season. Tyler Seguin, who played for the Dallas Stars as of May 2023 and formerly played for and won the Stanley Cup with the Boston Bruins, was the athlete who earned the highest wages in the league that year. In 2022, the annual salary of the highest paid player in the NHL reached 13 million U.S. Playing in arguably the highest division of professional ice hockey worldwide can earn players a hefty sum in wages every year. dollars that year, with the average NHL franchise valuation climbing by around 58 percent between 20. Meanwhile, almost half of all NHL franchises had an estimated value of at least one billion U.S. dollars in 2022, with the Toronto Maple Leafs trailing close behind on a valuation of two billion U.S. The Rangers were also the most valuable franchise in the league, with an estimated value of 2.2 billion U.S. The New York Rangers were tied with the Los Angeles Kings to be the highest grossing teams in the NHL during the 2021/22 season, recording revenues of 249 million U.S.

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