National Hockey League

$NHLXF500 #501

CategoryRecreation

SubcategoryMiscellaneous Recreation Businesses

Locations32

Franchisee Count32

Franchise Fee$650,000,000

Item 7 Low$1,300,000,000

Item 7 Midpoint$1,650,000,000

Item 7 High$2,000,000,000

Royalty FeesNo royalty. Under the CBA, the revenue-sharing pool equals 6.055% of league-wide Hockey Related Revenue (HRR). It is funded mainly by the top-10 revenue clubs, playoff gate assessments and central revenue, and goes to lower-revenue clubs. National media and central revenue are split equally.

Ad / Brand Fund—

Sold Not Open—

Founded1917

Completeness29/34 (85%)

Years in Business109

Began Franchising1917

HQNew York, NY

Executives12

LinksWeb

Main Phone212-789-2000

Email—

FDD Issued—

Last UpdatedOct 10, 2026

FDD2009 🔒

Franchisor

Unincorporated joint-venture association of 32 member clubs (a federal court described it this way in May 2025), governed by the NHL Constitution and By-Laws through the Board of Governors and the Commissioner. The league office has historically filed as a 501(c)(6) (Tax Foundation); its current status was not confirmed. Expansion and ownership transfers need Board of Governors approval. The main affiliates are NHL Enterprises, L.P. and NHL Enterprises Canada. Headcount is not public.

Read National Hockey League’s complete 2009 Franchise Disclosure Document. Founder level — $19/mo — also unlocks Item 19 revenue, financial strength and unit trajectory across all 4,049 brands on FranDeals.