Forbes lists the New York Knicks as the most valuable National Basketball Association franchise

Ross Houston
February 14, 2020

After the Knicks at the worth positions were the Los Angeles Lakers ($4.4 billion), the Golden State Warriors ($4.3 billion), the Chicago Bulls ($3.2 billion) and the Boston Celtics ($3.1 billion), according to Forbes.

Despite struggling for form, New York Knicks continue to dominate the charts and have seen a 15% rise in its valuation.

The New York Knicks top the list for the fifth straight year, valued at $4.6 billion, offering some counter-evidence to the claim that team success is a primary driver of the figure. The magazine lists the average value at $2.12 billion.

The two most valuable franchises in the National Basketball Association are the New York Knicks at $4.6 billion, and the Los Angeles Lakers at $4.4 billion. The Knicks are now 17-37 and are third from last in the Eastern Conference.

Despite some disappointing early Nielsen ratings and a pre-season public relations crisis in China, the NBA's future is looking bright as the average team is now worth over $2 billion for the first time, led by the New York Knicks and their $4.6 billion valuation. The five aforementioned teams are the only teams in the league with a value of at least $3 billion, with Boston having raised its value by 11 percent since 2019, the second-lowest single-year change percent of the top-five. Surprisingly, the league's best side this season, Milwaukee Bucks are placed at lowly 19th with a $1.58 billion valuation. Four other franchises are worth less than $1.5 billion according to Forbes - New Orleans Pelicans ($1.35 billion), Minnesota Timberwolves ($1.375 billion), Orlando Magic ($1.43 billion) and Detroit Pistons ($1.45 million). NBA's 30 teams generated $8.8 billion in revenue last season, which is up by 10% over the previous year.

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