Forbes has released its annual list of the most valuable NHL franchises, putting the Ottawa Senators at number 20.
The financial publication says Ottawa's value has dropped four percent over the course of a year, pointing out struggling attendance so far this season.
According to Forbes, the Sens are the second-least valuable team in Canada with the Winnipeg Jets in the number 21 spot.
The top 3 teams in the league are the New York Rangers, the Montreal Canadiens and the Toronto Maple Leafs.