New York Knicks Top Forbes' Most Valuable NBA Team
The New York Knicks might not be winners on the court, but they are crushing it off it. For the seventh straight year, the Knicks have topped Forbes’ list of the most valuable NBA franchises for the 2021/2022 season. The Knicks are worth a whopping $5.8 million, with their valuation up 16% from last year.
Joining the Knicks in the top five are the Golden State Warriors ($5.6 billion), Los Angeles Lakers ($5.5 billion), Chicago Bulls ($3.65 billion), and Boston Celtics ($3.55 billion). This is the first time in NBA history that three franchises are worth more than $5 billion, which is remarkable considering the impact of COVID-19. Team values across the board are also up 13%.
2021’s Most Valuable NBA Teams, per @Forbes:
1️⃣ NY Knicks, $5.8B
2️⃣ GS Warriors, $5.6B
3️⃣ LA Lakers, $5.5B
4️⃣ Chicago Bulls, $3.7B
5️⃣ Boston Celtics, $3.6B
6️⃣ LA Clippers, $3.3B
7️⃣ Brooklyn Nets, $3.2B
8️⃣ Houston Rockets, $2.8B
9️⃣ Dallas Mavs, $2.7B
? Toronto Raptors, $2.5B pic.twitter.com/kFPOORPNk8
— Front Office Sports (@FOS) October 18, 2021
“There were no controlling stakes of teams sold since our last rendition of NBA values, but there were several minority stakes sold that show team values rising at a fast clip, especially in big markets like New York and Los Angeles,” said Mike O’zanian, Assistant Managing Editor at Forbes.
Check out the full list of teams below:
- New York Knicks – $5 billion
- Golden State Warriors – $4.7 billion
- Los Angeles Lakers – $4.6 billion
- Chicago Bulls – $3.3 billion
- Boston Celtics – $3.2 billion
- Los Angeles Clippers – $2.75 billion
- Brooklyn Nets – $2.65 billion
- Houston Rockets – $2.5 billion
- Dallas Mavericks – $2.45 billion
- Toronto Raptors – $2.15 billion
- Philadelphia 76ers – $2.075 billion
- Miami Heat – $2 billion
- Portland Trail Blazers – $1.9 billion
- San Antonio Spurs – $1.85 billion
- Sacramento Kings – $1.825 billion
- Washington Wizards – $1.8 billion
- Phoenix Suns – $1.7 billion
- Utah Jazz – $1.66 billion
- Denver Nuggets – $1.65 billion
- Milwaukee Bucks – $1.625 billion
- Oklahoma City Thunder – $1.575 billion
- Cleveland Cavaliers – $1.56 billion
- Indiana Pacers – $1.55 billion
- Atlanta Hawks – $1.52 billion
- Charlotte Hornets – $1.5 billion
- Orlando Magic – $1.46 billion
- Detroit Pistons – $1.45 billion
- Minnesota Timberwolves – $1.4 billion
- New Orleans Pelicans – $1.35 billion
- Memphis Grizzlies – $1.3 billion
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