NEW YORK (AP) The Los Angeles Lakers have an estimated $447 value, according to Forbes, making the team the most valuable in the NBA.

The New York Knicks were second at $401 million, followed by the Chicago Bulls ($356 million), Dallas Mavericks ($338 million) and Philadelphia 76ers ($328 million), the magazine said in its Feb. 16 issue, which was released Thursday.

The Milwaukee Bucks had the lowest value at $174 million. The NBA champion San Antonio Spurs were eighth at $283 million.