Maple Leafs Top NHL with $4.25B Team Valuation

The Toronto Maple Leafs again boast the highest franchise valuation in the NHL at $4.25 billion, per Sportico’s annual list released on Wednesday, with the New York Rangers in second at $3.65 billion. Rounding out the top five are the Montreal Canadiens ($3.3 billion), Boston Bruins ($3 billion), and Los Angeles Kings ($2.96 billion). The league average sits at $2.1 billion in 2025, up 108% over the last three years.

Peloton is entering its AI era with a brand new product lineup. The company unveiled the new equipment on Wednesday, including updated versions of its bike, treadmill, and a new rowing machine, all featuring a swiveling screen, improved speakers, better Wi-Fi connectivity, and design upgrades. The premium “plus” models include Peloton IQ, an AI-powered tool that gives real-time form feedback and workout suggestions. Prices for equipment and membership are also increasing, with the bike now starting at $1,695 and membership rising to $49.99 per month.

Amazon unveiled Amazon Grocery on Wednesday, a new private label brand offering over 1,000 high-quality food items, most of which are priced under $5. Popular Amazon Fresh and Happy Belly products are consolidated into a single, value-forward grocery line available on Amazon’s website and in Amazon Fresh stores.

Kith is opening a massive flagship store in Chicago, located just off the Magnificent Mile. The two-story space offers the lifestyle brand’s full range of apparel, accessories, and footwear, along with a selection of brand-new Kith Treats. Designed by founder Ronnie Fieg in collaboration with architect Ben Porto, the store launch includes exclusive drops: a Kith x ’47 capsule featuring Chicago-inspired apparel, and a special ASICS “World’s Fair” footwear pack, dropping Oct. 6. An in-store-only collection inspired by Chicago landmarks will also be available on Friday, with the opening scheduled for Saturday.

According to new data from MIDiA, the global music market has grown by 5.9% in the first half of 2025 to $18.3 billion. However, the 5.9% rate is slower than both the first halves of 2023 and 2024. According to the study, digital service providers experienced the largest growth in the first half of the year, generating more than double the revenue of rights companies.

Renowned Japanese artist Takashi Murakami has teamed up with luxury champagne brand Dom Pérignon, showcasing his iconic smiling flower motif on two limited-edition bottles: the Dom Pérignon Vintage 2015 and Rosé Vintage 2010. The launch also includes an exclusive, made-to-order artwork — a hand-sculpted, painted sphere that opens to reveal a secret garden — available to a select few. The collection launches worldwide on Wednesday.

When the NBA officially tips off on Amazon‘s Prime Video later this month, the platform plans to debut new features to enhance the user experience. These features include live betting odds updates, personalized bet tracking via FanDuel accounts, a customizable multi-view option, and brand-new AI statistics. Existing features from Thursday Night Football, such as key moments and a rapid recap, will also be integrated. Prime will also offer access to NBA League Pass and regional FanDuel sports networks through add-on subscriptions.

Since merging with Skydance earlier this year, Paramount has been moving full speed ahead under the leadership of CEO David Ellison. In its latest strategic move, the company has hired industry veteran Josh Silverman to drive growth in the products and events spaces. Silverman brings a wealth of experience, having most recently served as Executive Vice President and Chief Franchise Officer at Mattel. Before that, he led Disney’s consumer products licensing and retail business.

Former NFL star Vernon Davis is staying active in retirement with the launch of his new podcast, The Next Role with Vernon Davis. The show will feature candid conversations with star athletes and celebrities as they discuss life after the spotlight and how they’ve navigated their next chapter. Drawing on his own successful pivot into film and TV, Davis will be joined by high-profile guests like Jerry Rice and Keith David along the way. The debut episode comes out on Thursday with three-time Pro Bowler Delanie Walker.

On the heels of the FTC suing Zillow and Redfin, attorneys general from the states of New York, Arizona, Connecticut, Washington, and Virginia jointly filed a lawsuit against the real estate giants on Wednesday, alleging that the companies had conspired to suppress competition in the online housing rental market. According to the suit, Zillow and Redfin account for 85% of all market revenue alongside CoStar, which owns Apartments.com.

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