Valuation of NBA Clubs

The New York Knicks and the Los Angeles Lakers continue to top the list of the most valuable clubs in the NBA, according to a survey published by Forbes on Wednesday, which for the first time states that each franchise is worth $1 billion.

According to their latest annual evaluation, the average value of an NBA club is $1.65 billion.

The Knicks remain at the top of the list with a value of $3.6 billion (€2.94 billion), while the Lakers are now worth an estimated $3.3 billion.

The New Yorkers are benefiting from a renovation of the Madison Square Garden worth around $1 billion, which has provided new sponsorship opportunities and seating.

The current NBA champions, the Golden State Warriors, surpassed the Bulls on this year's list with $3.1 billion compared to Chicago's $2.6 billion. The fifth on Forbes' list are the Boston Celtics with $2.5 billion.

The Warriors' jump on the list is partly due to the new stadium that will open in two seasons.

The New Orleans Pelicans have the lowest valuation, with an estimated worth of $1 billion.

The club that made the biggest leap from last year was the Philadelphia 76ers, which gained a 48% increase in value to reach $1.18 billion, according to Forbes' calculations.

The valuations were calculated using revenues and operating profits from the 2016-17 season, taking into account the league's revenue sharing. Offers for new venues and non-basketball event revenues that take place in the stadiums are also included in the totals.