NHL Commissioner Gary Bettman speaks to the media prior to a game between the Toronto Maple Leafs and the Montreal Canadiens at Scotiabank Arena on Wednesday in Toronto.

Twenty-four hours after watching the Florida Panthers kick off the new National Hockey League season by hanging their second Stanley Cup banner, commissioner Gary Bettman arrived in Toronto on Wednesday in buoyant mood.

Given the recent Sportico study that determined that the average NHL team is worth US$2.1-billion, topped by the Maple Leafs at US$4.25-billion, it was hardly surprising. “Still undervalued in my opinion,” Bettman chimed in when the subject was brought up in a media conference before the Maple Leafs faced off against the Montreal Canadiens.

The commissioner also weighed in on the big NHL news of the

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