NHL 2025-26 Index
Back-testedThe NHL 2025-26 Index tracks the settled value of all 32 NHL clubs across the 2025-26 season. Each club's Season Share redeems $0.50 for every regular-season win, then $2 for reaching the playoffs and $4, $8, $12 and $40 as the club advances, with $40 for the title.
The pool is $816.00 per set of 32: 1312 regular-season games at $0.50 a win plus a playoff ladder of $160.00. It is fixed before the season starts and does not depend on results, so Major League Markets holds no directional stake in any outcome.
Settled value moves only when an official result is published. A listing venue's market sets the traded price.
This season is back-tested: the values were calculated after the fact from official league results under the same rules.
Redemption schedule
| Event | Per share | Clubs credited | Pool |
|---|---|---|---|
| Each regular-season win | $0.50 | 1312 results | $656.00 |
| Playoff berth | $2 | 16 clubs | $32.00 |
| First Round win | $4 | 8 clubs | $32.00 |
| Second Round win | $8 | 4 clubs | $32.00 |
| Conference Final win | $12 | 2 clubs | $24.00 |
| Stanley Cup Final win | $40 | 1 club | $40.00 |
| Pool per set of 32 · max per share $107.00 | $816.00 |
Redemption schedule locked under the League Index Framework v1.0.
- An overtime or shootout win is a win. An overtime or shootout loss credits nothing.
| Club | Record | Settled | Unrealized | Rungs credited | Last event |
|---|---|---|---|---|---|
| 53–29 | $92.50 | $0.00 | Playoff berthFirst Round winSecond Round winConference Final winStanley Cup Final win | 2026-06-14 · Stanley Cup Final win | |
| 39–43 | $45.50 | $0.00 | Playoff berthFirst Round winSecond Round winConference Final win | 2026-05-26 · Conference Final win | |
| 55–27 | $41.50 | $0.00 | Playoff berthFirst Round winSecond Round win | 2026-05-13 · Second Round win | |
| 48–34 | $38.00 | $0.00 | Playoff berthFirst Round winSecond Round win | 2026-05-18 · Second Round win | |
| 50–32 | $31.00 | $0.00 | Playoff berthFirst Round win | 2026-05-01 · First Round win | |
| 46–36 | $29.00 | $0.00 | Playoff berthFirst Round win | 2026-04-30 · First Round win | |
| 43–39 | $27.50 | $0.00 | Playoff berthFirst Round win | 2026-04-30 · First Round win | |
| 43–39 | $27.50 | $0.00 | Playoff berthFirst Round win | 2026-04-29 · First Round win | |
| 50–32 | $27.00 | $0.00 | Playoff berth | 2026-04-16 · Playoff berth | |
| 50–32 | $27.00 | $0.00 | Playoff berth | 2026-04-16 · Playoff berth | |
| 45–37 | $24.50 | $0.00 | Playoff berth | 2026-04-16 · Playoff berth | |
| 44–38 | $24.00 | $0.00 | Playoff berth | 2026-04-16 · Playoff berth | |
| 43–39 | $23.50 | $0.00 | Playoff berth | 2026-04-16 · Playoff berth | |
| 41–41 | $22.50 | $0.00 | Playoff berth | 2026-04-16 · Playoff berth | |
| 41–41 | $22.50 | $0.00 | Playoff berth | 2026-04-16 · Playoff berth | |
| 43–39 | $21.50 | $0.00 | — | 2026-04-09 · Win | |
| 43–39 | $21.50 | $0.00 | — | 2026-04-14 · Win | |
| 42–40 | $21.00 | $0.00 | — | 2026-04-12 · Win | |
| 41–41 | $20.50 | $0.00 | — | 2026-04-09 · Win | |
| 40–42 | $20.00 | $0.00 | — | 2026-04-11 · Win | |
| 40–42 | $20.00 | $0.00 | — | 2026-04-15 · Win | |
| 35–47 | $19.50 | $0.00 | Playoff berth | 2026-04-16 · Playoff berth | |
| 39–43 | $19.50 | $0.00 | — | 2026-04-16 · Win | |
| 38–44 | $19.00 | $0.00 | — | 2026-04-11 · Win | |
| 37–45 | $18.50 | $0.00 | — | 2026-04-16 · Win | |
| 35–47 | $17.50 | $0.00 | — | 2026-04-09 · Win | |
| 34–48 | $17.00 | $0.00 | — | 2026-04-16 · Win | |
| 34–48 | $17.00 | $0.00 | — | 2026-04-15 · Win | |
| 34–48 | $17.00 | $0.00 | — | 2026-04-11 · Win | |
| 32–50 | $16.00 | $0.00 | — | 2026-03-30 · Win | |
| 29–53 | $14.50 | $0.00 | — | 2026-04-15 · Win | |
| 25–57 | $12.50 | $0.00 | — | 2026-04-14 · Win |
Values before an index's launch date are back-tested and hypothetical.
| Product | Type | Venue | Jurisdiction | Ticker | Listed |
|---|
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- 2026-09-28 Redemption schedule locked under the League Index Framework v1.0.
- Back-tested ledger published from official league results.