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Average NBA Team Valuation Increases By 30 Percent

The average NBA team is worth approximately $509 million, representing a 30 percent increase over last year.

The increase is due to higher revenue from television, new and renovated arenas, and the NBA’s new collective-bargaining agreement, which reduced player costs from 57% of revenues to roughly 50%.

The New York Knicks are the NBA's most valuable franchise, worth approximately $1.1 billion. The Knicks' value rose 41 percent due to a $980 million renovation of Madison Square Garden.

The Los Angeles Lakers were the NBA's most valuable franchise last season.

The Chicago Bulls rank third at $800 million, followed by the Boston Celtics, Dallas Mavericks, Miami Heat, Houston Rockets, Golden State Warriors, Brooklyn Nets and San Antonio Spurs.

11. Sacramento Kings
12. Oklahoma City Thunder
13. Phoenix Suns
14. Orlando Magic
15. Portland Trail Blazers
16. Cleveland Cavaliers
17. Utah Jazz
18. Los Angeles Clippers
19. Denver Nuggets
20. Philadelphia 76ers
21. Toronto Raptors
22. Detroit Pistons
23. Washington Wizards
24. Indiana Pacers
25. Memphis Grizzlies
26. Minnesota Timberwolves
27. New Orleans Hornets
28. Atlanta Hawks
29. Charlotte Bobcats
30. Milwaukee Bucks 

Via Kurt Badenhausen/Forbes
 

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