epoch game Warriors lead way as NBA team values hit $4.6B average–reports
The Golden State Warriors huddle together before their NBA game against the Atlanta Hawks at Chase Center on November 20, 2024 in San Francisco, California. NOTE TO USER: Ezra Shaw/Getty Images/AFP
The NBA, where a Big Three combination of players often proves successful on the floor, has a Big Three in terms of franchise value, too.
The Golden State Warriors, New York Knicks and Los Angeles Lakers are the league’s most valuable franchises by a long distance, Sportico announced in its annual assessment on Wednesday.
Article continues after this advertisementThe Warriors are worth $9.14 billion, the Knicks $8.3 billion and the Lakers $8.07 billion, per the report. Golden State is considered the second most valuable franchise in U.S. sports, trailing only the Dallas Cowboys ($10.3 billion).
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The assessments include ownership’s real estate as well as team-related businesses such as WNBA franchises.
Article continues after this advertisementThe average NBA team is worth $4.6 billion, a 15 percent rise over last year and nearly twice the worth from four years ago.
Article continues after this advertisementThe Warriors, who have an affiliated WNBA expansion team set to start next year, saw their value go up 10 percent from 2023. The Knicks had a 12 percent rise, and the Lakers had a 10 percent hike.
Article continues after this advertisementThe Brooklyn Nets are fourth on the list with a $5.7 billion value, a rise of 43 percent from the club’s 13th-place ranking last year. Billboard cited the Nets’ Barclays Center venue as the world’s highest-grossing arena as of April.
READ: Warriors’ Stephen Curry passes LeBron James as NBA’s top earner
Article continues after this advertisementRounding out the top 10 are the Los Angeles Clippers ($5.68 billion), the for-sale Boston Celtics ($5.66 billion), the Chicago Bulls ($5.56 billion), the Miami Heat ($5 billion), the Houston Rockets ($4.77 billion) and the Toronto Raptors ($4.66 billion).
Among the top 10 franchises, only the Lakers and Celtics don’t control their venues.
lgo4d slotThe bottom three on the list are the Minnesota Timberwolves ($3.29 billion), the New Orleans Pelicans ($3.09 billion) and the Memphis Grizzlies ($3.06 billion).
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Per Sportico, NBA teams have a higher value-to-revenue ratio than those of any other major U.S. sports league. On that list, MLS is second, followed in order by the NFLepoch game, the NHL, the WNBA, the NWSL and MLB. –Field Level Media
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