Forbes ranked the New York Knicks as the most valued NBA franchise in their list of the World's 50 Most Valuable Sports Teams in 2019. 

The Knicks were valued at $4 billion, up 11% from last year.

Nine NBA teams are ranked in the top 50. The Lakers and Warriors also cracked the top 10.

League-wide profits are up ten-fold in the last seven years, according to Forbes.