According to @StockMKTNewz, CNBC reports the combined value of all NHL teams is $70.4 billion, with the top five valued as Toronto Maple Leafs $4.3B, New York Rangers $3.8B, Montreal Canadiens $3.4B, Los Angeles Kings $3.15B, and Edmonton Oilers $3.1B, highlighting rising franchise comps that equity traders track for sports-asset exposures (source: CNBC via @StockMKTNewz). According to @StockMKTNewz, Berkshire Hathaway’s cash and cash equivalents total $381.6 billion, implying it could theoretically buy every NHL team and still have $311.2 billion remaining based on the cited CNBC aggregate (source: @StockMKTNewz and CNBC). For listed exposure, MSG Sports (MSGS) owns the New York Rangers, making franchise valuation comps relevant for sum-of-the-parts and NAV tracking in MSGS (source: MSG Sports investor filings). In Canada, BCE and Rogers hold stakes in MLSE, which includes the Toronto Maple Leafs, so higher franchise marks can influence sentiment toward their sports-asset portfolios (source: BCE and Rogers investor disclosures). Crypto angle: while there is no direct catalyst for digital assets, macro liquidity signaled by mega-cap cash balances like Berkshire’s is monitored by risk-asset traders alongside BTC and ETH flows for context, not causation (source: @StockMKTNewz for cash data; general market practice).