The average NBA team is now worth $2.1 billion

https://www.axios.com/average-nba-team-worth-21-billion-a98b69c0-6968-4b7c-b48c-7cbfc14cf594.html



The average NBA team is now worth $2.1 billion



Kendall Baker




Reproduced from Forbes; Chart: Axios Visuals



The average NBA franchise is now valued at $2.12 billion, per Forbes — a figure that has grown 476% in the past decade.

Why it matters: Thanks to the NBA's international growth and the $24 billion TV deal it signed with ESPN and Turner in 2014, team values have grown at a much faster rate than the other three major U.S. sports leagues.

NBA: 476% growth
MLB: 262% growth
NHL: 192% growth
NFL: 179% growth

Most valuable teams: The Knicks ($4.6 billion) grabbed the top spot for the fifth straight year, followed by the Lakers ($4.4 billion) and Warriors ($4.3 billion). Among all American sports, only the Cowboys ($5.5 billion) and Yankees ($4.6 billion) can rival them.

Filling out the top 10: Bulls ($3.2 billion), Celtics ($3.1 billion), Clippers ($2.6 billion), Nets ($2.5 billion), Rockets ($2.48 billion), Mavericks ($2.4 billion) and Raptors ($2.1 billion).

The bottom five: Only five teams are valued at less than $1.5 billion: Pistons ($1.45 billion), Magic ($1.43 billion), Timberwolves ($1.38 billion), Pelicans ($1.4 billion) and Grizzlies ($1.3 billion).

Wild stat: In 1999, the Warriors were the seventh-least valuable NBA franchise and the Clippers ranked dead last. Two decades later, they are now the third- and sixth-most valuable NBA franchises, respectively.


bob
MY NOTE:  That James Dolan's Perennial Dumpster Fire is the #1 most valuable franchise is proof that God has a sardonic sense of humor.


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David Stern did a remarkable job marketing the NBA during his tenure as commissioner. His efforts have gone straight to the bottom line of every team in the league.

You can still pick up the T-Wolves or the Griz for pocket change, though.

How the Knicks have that much value is beyond me. This team has been nothing for over 50 years, my whole lifetime, post-early 70's. I don't get the Knicks. Never have. Never will. Got to admire them for keeping their value when there is none. That's what's amazing!

db