Connect with us

Headlines

Forbes: Knicks Most Valuable NBA Franchise

Basketball Insiders

Published

on

Forbes has released its 2016 NBA Franchise valuations, and the New York Knicks came in with the top valuation of all 30 NBA franchises with a whopping $3 billion Forbes value.

While many of the key voices in sports ownership downplay the true accuracy of the Forbes values, their numbers are usually considered the best publicly available measuring stick for how much a sports team is worth.

Here is how Forbes ranked the NBA in 2016:

Rank Team Current Value Revenue Operating Income
#1 New York Knicks $3 B $307 M $108.9 M
#2 Los Angeles Lakers $2.7 B $304 M $133.4 M
#3 Chicago Bulls $2.3 B $228 M $67.6 M
#4 Boston Celtics $2.1 B $181 M $57.4 M
#5 Los Angeles Clippers $2 B $176 M $20.6 M
#6 Golden State Warriors $1.9 B $201 M $57.6 M
#7 Brooklyn Nets $1.7 B $220 M $-5.7 M
#8 Houston Rockets $1.5 B $237 M $74.6 M
#9 Dallas Mavericks $1.4 B $177 M $24.3 M
#10 Miami Heat $1.3 B $180 M $20.8 M
#11 San Antonio Spurs $1.15 B $170 M $31.9 M
#12 Cleveland Cavaliers $1.1 B $191 M $24.8 M
#13 Phoenix Suns $1 B $154 M $21.8 M
#14 Toronto Raptors $980 M $163 M $23.5 M
#15 Portland Trail Blazers $975 M $157 M $4.1 M
#16 Washington Wizards $960 M $146 M $2.9 M
#17 Oklahoma City Thunder $950 M $157 M $20.9 M
#18 Sacramento Kings $925 M $141 M $4.2 M
#19 Orlando Magic $900 M $143 M $35.4 M
#20 Utah Jazz $875 M $146 M $27.5 M
#21 Denver Nuggets $855 M $140 M $26.3 M
#22 Detroit Pistons $850 M $154 M $16 M
#23 Indiana Pacers $840 M $138 M $19 M
#24 Atlanta Hawks $825 M $142 M $7 M
#25 Memphis Grizzlies $780 M $147 M $10.3 M
#26 Charlotte Hornets $750 M $142 M $3.7 M
#27 Minnesota Timberwolves $720 M $146 M $15.1 M
#28 Philadelphia 76ers $700 M $124 M $13.9 M
#29 Milwaukee Bucks $675 M $126 M $11.6 M
#30 New Orleans Pelicans $650 M $142 M $19.7 M

While the New York Knicks posted the highest franchise value, the LA Lakers posted the highest Operating Income at more than $133.4 million. Also, while the New Orleans Pelicans posted the lowest franchise value at $650 million, they are still believed to have posted Operating Income of more than $19.7 million.

The Brooklyn Nets, whose Forbes value came in at $1.7 billion, also posted the largest Operating Loss of any NBA team with a negative $5.7 million, making the Nets the only NBA team on Forbes list to have lost money.

Advertisement




Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Sources: Goran Dragic Suffers Torn Left Plantar Fascia, Not Ruled Out for NBA Finals

Basketball Insiders

Published

on

Miami’s Goran Dragic has suffered a plantar tear of left foot, source tells ESPN.


Dragic has been able to put pressure on his left foot and hasn’t ruled out returning to play in the NBA Finals, source tells ESPN.


Source: Adrian Wojnarowski on Twitter

Continue Reading

Headlines

Sources: Doc Rivers to Meet with 76ers

Basketball Insiders

Published

on

Former Clippers coach Doc Rivers will meet with the 76ers in the Philadelphia area, sources tell @TheAthleticNBA @Stadium.

Source: Shams Charania on Twitter

Continue Reading

Headlines

Sources: Victor Oladipo ‘looking to move on’ from Pacers

Basketball Insiders

Published

on

Then there are the other members of the Best Five. [Gordon] Hayward won’t be opting out of his contract unless he has a long-term extension in place, which will be hard for a 30-year-old with a concerning injury history. Indiana is still home for the Haywards, and with Victor Oladipo looking to move on this offseason, according to sources, and Myles Turner possibly in the same boat, there could be an opportunity for Ainge to move Hayward and the abundance of draft picks in his war chest in a mutually agreeable way. Boston won’t have cap space again with three stars locked up long-term, so moving Hayward or Marcus Smart presents one of the few opportunities to get back a player making starter-caliber money.

Source: Jared Weiss of The Athletic

What’s said in here by @JaredWeissNBA about Oladipo and Turner is accurate. The 2 players most likely to be moved before next season based on my convos. 👇🏽

Source: J. Michael on Twitter

Continue Reading
Advertisement
Advertisement
Online Betting Site Betway
Advertisement
American Casino Guide
NJ Casino
NJ Casino

NBA Team Salaries

Advertisement

CloseUp360

Insiders On Twitter

NBA On Twitter

Trending Now