The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.
For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.
The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $3.6 billion
- Los Angeles Lakers: $3.3 billion
- Golden State Warriors: $3.1 billion
- Chicago Bulls: $2.6 billion
- Boston Celtics: $2.5 billion
- Brooklyn Nets: $2.3 billion
- Houston Rockets: $2.2 billion
- Los Angeles Clippers: $2.15 billion
- Dallas Mavericks: $1.9 billion
- Miami Heat: $1.7 billion
- San Antonio Spurs: $1.55 billion
- Toronto Raptors: $1.4 billion
- Sacramento Kings: $1.375 billion
- Washington Wizards: $1.35 billion
- Cleveland Cavaliers: $1.325 billion
- Portland Trail Blazers: $1.3 billion
- Phoenix Suns: $1.28 billion
- Oklahoma City Thunder: $1.25 billion
- Orlando Magic: $1.225 billion
- Utah Jazz: $1.2 billion
- Philadelphia 76ers: $1.18 billion
- Indiana Pacers: $1.175 billion
- Atlanta Hawks: $1.15 billion
- Denver Nuggets: $1.125 billion
- Detroit Pistons: $1.1 billion
- Milwaukee Bucks: $1.075 billion
- Minnesota Timberwolves: $1.06 billion
- Charlotte Hornets: $1.05 billion
- Memphis Grizzlies: $1.025 billion
- New Orleans Pelicans: $1 billion
For comparison’s sake, Forbes’ 2017 valuations can be found right here.
I always thought the Celtics and Lakers would be 1 and 2, kinda surprised Boston is that low.
Agreed.
Nyk shouldnt be number one. Celtics should
I don’t see how Chicago is above Boston. The other three I understand though.
Guys it’s the value of the franchise. The Celtics for instance have a very small geographical area. It’s all about merchandising TV cable advertising and Global reach. Until this year who’s Celtics jersey are you going to buy in China? Porzingis is selling like crazy worldwide… the Bulls are still the kings of the Midwest with global merchandising marketing.
I’ve noticed it’s hard for you to understand things.
He understood 3/4 things that he mentioned so I’d say he’s pretty good at understanding things
Patriots losing Super Bowl must have knocked down the value of the Celtics and Red Sox.
I am surprised that Dallas is in the top 10.
Dallas/Fort Worth is the 4th largest metro area in the US behind Chicago LA and New York. The teams towards the top are either very good, in large metro areas, or both. The surprising entry here is Sacramento
With Philly’s market size, you’d think they’d be in the top 7 or 8. Shows what years of losing can do to a team’s value.
Yeah Philly surprised me more than just about any other as well. Although I was also surprised Portland was so high. I figured the Blazers would be bottom 5 easily.
So Madison Square Garden is worth $3.6 billion?
When you throw in venue(MSG), tv deal(MSG Networks), an all star player(Porzingis), and one of the biggest markets in the world. That gets 3.6 Billion
An all star who may never suit up in NY again
Just because you own MSG Networks, doesn’t mean you can’t make bank. Dolan is trying to sell MSG Networks, but even if he doesn’t, it’s not the end of the world. They charge $5 per subscriber, among highest in the country.
Knicks’ 20-year TV deal, with MSG Networks, paid $100M+ year one. Knicks got $104.7MM from their TV rights — more than six lowest teams combined, per confidential records for the 2016-2017 NBA season.
link to espn.com
This type of information is difficult to find. I implore all of you to read this article — even though it’s on 2016-2017 NBA season —and assume higher revenue—for all 30 teams. Even if you don’t apply any changes to the revenues, the numbers for the Knicks — are staggering.
Once the new, privately owned Warriors Arena (Chase Center?) opens expect them to jump to #1.
Nope.
New York will always be the center of the universe. That will never change. And LA is extremely powerful with all the industry there the movies the Stars the port the resources and location Etc. The Bay Area has Tech and a little bit of Chinese investment. They’re peaked at number three and in fact I’m surprised my Warriors are valued that high.