As the world gears up for NBA All-Star Weekend, the good folks over at Forbes are back with an interesting look at the NBA. Today we get our first look as ‘Forbes’ Ranks the NBA’s Most Valuable Franchises. Forbes recently sat down and ranked teams based on their value, coming up with quite an interesting and intriguing list. Over the past 20 years, the Knicks or Lakers held the top spot, despite both teams having losing seasons over the past three years.
However, most of their revenue comes from playing in the two largest sports markets in the country. This year the Knicks and Lakers sit at number one and two respectively with an NBA-record operating profit of $141 million USD last season, while the Lakers banked $119 million USD in profit. According to Forbes: “The average National Basketball Association franchise is now worth $1.36 billion [USD], a 3.5-fold increase over the last five years. Fueling the gains are the NBA’s $24 billion [USD] media deal with ESPN and TNT that kicked off this season, a new collective bargaining agreement ensuring seven years of labor peace and massive international opportunities.” Check out the top 10 teams below and speak your thoughts on it after the jump. Head over to Forbes now and check out the full article immediately!
- New York Knicks — $3.3 billion USD
- Los Angeles Lakers — $3 billion USD
- Golden State Warriors — $2.6 billion USD
- Chicago Bull — $2.5 billion USD
- Boston Celtics — $2.2 billion USD
- Los Angeles Clippers — $2.0 billion USD
- Brooklyn Nets — $1.8 billion USD
- Houston Rockets — $1.65 billion USD
- Dallas Mavericks — $1.45 billion USD
- Miami Heat — $1.35 billion USD