New York Rangers Facts and Club History

Sportblis presents you with the History and Facts of New York Rangers, a professional ice hockey club in the NHL. This article is full coverage of the New York Rangers’ History, Trophies, Net Worth, Arenas, and Facts.

New York Rangers Facts:

As one of the founding teams of the NHL, the Rangers have attracted lots of controversial attention. Some consider it as the best team of the NHL while others believe that the rangers are still lacking certain qualities to be ranked the best. Hence we present you some facts as well as the History of the New York Rangers that would help you get a complete insight about the franchise.

1. New York Rangers Net Worth:

Having won four championships, it is only fair that the Rangers amass an enormous sum of money. According to Forbes 2020 valuation, the New York Rangers have an estimated Net Worth of $1.65 Billion. Hence, the franchise ranks as the wealthiest NHL team of the decade.

Do you know?… The Rangers makes an annual revenue of approximately $225 million while their operating cost can amount to $87 million. Despite spending roughly $74 million on player expenses, the franchise replenished their Net Worth by gathering about $88 million from Gate Receipts in 2020.

It would interest you to know that the Highest-paid player in the New York Rangers is goalie Henrik Lundqvist. He earns an annual salary of $9 million.

2. New York Rangers’ Trophies and Awards:

Since their year of inception, the Rangers have participated in different competitive tournaments. Of Course, they’ve won a handful of some competitions. No wonder they remain one of the most revered NHL franchise in history.

One interesting fact about the New York Rangers remains their success in winning the Stanley Cup on four different occasions. Below is a summary of the prominent trophies and awards that the Rangers have won.

Stanley Cups: 4 (1927–28, 1932–33, 1939–40, 1993–94)
Conference championships: 2 (1993–94, 2013–14)
Presidents’ Trophy: 3 (1991–92, 1993–94, 2014–15)
Division championships: 7 (1926–27, 1931–32, 1989–90, 1991–92, 1993–94, 2011–12, 2014–15)

3. New York Rangers Arena:

The home arena for the Rangers has always been Madison Square Garden. The arena was constructed with a whopping sum of $123 million on the 29th day of October 1964. Following its renovation in 1991 with the sum of $200 million, the hockey ground finally had a capacity of 18,006.

Interestingly, the Madison Square Garden is not only home to the Rangers. As a multi-purpose indoor venue, the Garden is also home to the New York Knicks of the NBA. Research shows that Madison Square Garden has a total valuation cost of $1.19 billion as of 2020.

New York Rangers History:

New York Rangers was founded in 1926 by Tex Rickard. As a member of the Eastern Conference Metropolitan Division, they play in the National Hockey League (NHL). The team plays its home games with the New York Knicks of the NBA in the Madison Square Garden, Manhattan Borough. Do you know?… They are one of the three NHL teams in New York City (the other two are New Jersey Devils and New York Islanders).

The Rangers was one of the six Founding Teams that played alongside the Boston Bruins, Chicago Blackhawks, Detroit Red Wings, Montreal Canadiens and Toronto Maple Leafs before the 1967 expansion of the NHL. They fortunately won two Stanley Cups in 1933 and 1940.

The Unfortunate SetBack:

After this first era of grace, the franchise suffered between the 1940s and 1960s, with inconsistent appearances in playoffs. Furthermore, the team experienced a minor resurgence in the 1970s after they qualified for two finals at the Stanley Cup.

Sadly, they lost to the Bruins and the Canadiens in 1972 and 1979, respectively. A few years later, the squad, led by Mark Messier (a player from Edmonton Oilers), Brian Leetch, Adam Graves and Mike Richter, won their fourth Stanley Cup in 1994.

In the years that followed, the team did not repeat this accomplishment and reached another era of mediocrity. When the goalkeeper Henrik Lundqvist (pictured below) arrived, the Rangers prospered, but only once between 2006 and 2017. However, they lost in the playoffs.

Conclusion:

In each passing day, the Net Worth of the Rangers continues to increase. Hence, the franchise may become the first in the NHL to cross the $2 billion Net Worth benchmark.

Thank you for reading our Facts and History on the New York Rangers. Kindly, leave a comment about your thoughts on the Rangers in the section below.