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Forbes Releases 18th Annual NBA Team Valuations
Forbes announced today its annual valuations of the National Basketball Association’s 30 teams. The New York Knicks reclaimed the top spot after a one-year hiatus. The team is now worth $3 billion, which is a 20% value increase from 2015. This increase is driven by a new cable deal and having the highest premium-seating revenue in the league. The Los Angeles Lakers, who topped the list in 2015, dropped to No. 2 this year, with a value of $2.7 billion. Rounding out the top five are theChicago Bulls (No.3), Boston Celtics (No.4) and Los Angeles Clippers (No.5).
The league’s 30 teams generated $5.2 billion in revenue last season, which is a record high for the league. The average NBA team is now worth $1.25 billion, 13% more than 2015. The financial strength of the National Basketball Association illustrated in Forbes’ 2016 valuations is driven by media and sponsorship deals that are typically being renewed at double or even quadruple the previous amounts. The largest deal among them is the nine-year, $24 billion pact the NBA signed with TNT and ESPN/ABC.
Methodology: Revenues and operating income are for the 2014-15 season and net of revenue sharing and arena debt service. Team values are enterprise values (equity plus net debt) of team based on current arena deal (unless new arena pending). Operating income is earnings before interest, taxes, depreciation and amortization.
Forbes announced today its annual valuations of the National Basketball Association’s 30 teams. The New York Knicks reclaimed the top spot after a one-year hiatus. The team is now worth $3 billion, which is a 20% value increase from 2015. This increase is driven by a new cable deal and having the highest premium-seating revenue in the league. The Los Angeles Lakers, who topped the list in 2015, dropped to No. 2 this year, with a value of $2.7 billion. Rounding out the top five are theChicago Bulls (No.3), Boston Celtics (No.4) and Los Angeles Clippers (No.5).
The league’s 30 teams generated $5.2 billion in revenue last season, which is a record high for the league. The average NBA team is now worth $1.25 billion, 13% more than 2015. The financial strength of the National Basketball Association illustrated in Forbes’ 2016 valuations is driven by media and sponsorship deals that are typically being renewed at double or even quadruple the previous amounts. The largest deal among them is the nine-year, $24 billion pact the NBA signed with TNT and ESPN/ABC.
Methodology: Revenues and operating income are for the 2014-15 season and net of revenue sharing and arena debt service. Team values are enterprise values (equity plus net debt) of team based on current arena deal (unless new arena pending). Operating income is earnings before interest, taxes, depreciation and amortization.
about other people's money 
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Even Lebron can't make raised the value of that shyt hole of a team called the Cleveland Cavaliers