Forbes: Team values rose 72 percent

Scoot26

Administrator
Staff member
Donator
CCS Hall of Fame '20
Joined:
Jun 25, 2010
Posts:
39,766
Liked Posts:
29,902
Changing Of The Guard
TeamValueYOY
Los Angeles Lakers$2.6B+93%
New York Knicks$2.5B+79%
Chicago Bulls$2.0B+100%
Boston Celtics$1.7B+94%
Los Angeles Clippers$1.6B+178%
Brooklyn Nets$1.5B+92%
Golden St. Warriors$1.3B+73%
Houston Rockets$1.25B+61%
Miami Heat$1.175B+53%
Dallas Mavericks$1.15B+50%
>>League average: $1.106B
>>Source: Forbes magazine


Boosted by Steve Ballmer's league-record $2 billion purchase of the Los Angeles Clippers, the franchise values of NBA teams rose an average of 72 percent in one year, according to new estimates released by Forbes on Wednesday.


That's the biggest one-year value gain since Forbes started estimating team prices in 1998.

Last year's list only had three teams -- the New York Knicks, the Los Angeles Lakers and the Chicago Bulls worth more than $1 billion, but this year, Forbes says those three teams are worth at least $2 billion.

The magazine says the Lakers top the league at a $2.6B valuation, followed by the Knicks ($2.5B) and the Bulls ($2B). Even though Ballmer paid $2 billion for the Clippers, Forbes values the team at $1.6 billion, fifth among teams immediately following the fourth-ranked Boston Celtics ($1.7B).

Eleven teams are now worth more than $1 billion, according to Forbes, including Mark Cuban's Dallas Mavericks. Last year, when Forbes valued his team at $765 million, he called it "way too low," saying that his basketball asset was worth more than $1 billion.

The Brooklyn Nets and the Atlanta Hawks -- two teams that are on the market -- are worth $1.5 billion and $825 million respectively.

Michael Jordan hasn't had an easy road as owner of Charlotte's NBA team, but the former great certainly is in a good position financially. What he paid $275 million for five years ago is now worth $725 million, according to Forbes.

Another team that has struggled on the court has also seen its value rise significantly. Josh Harris and his partners paid $280 million less than four years ago for the Philadelphia 76ers. Under his ownership, the team has gone 96-175 (.354), but Forbes said the team is now worth $420 million more than Harris paid for it.

In October, the league announced new television deals with ESPN and Turner that are worth $2.66 billion a year. That's a 186 percent increase from current TV rights deal which averages $930 million a year.


http://espn.go.com/nba/story/_/id/12204869/forbes-reports-11-nba-teams-now-worth-1b
 
Last edited:

clonetrooper264

Retired Bandwagon Mod
Staff member
Donator
Joined:
Apr 11, 2009
Posts:
23,316
Liked Posts:
7,394
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  2. Golden State Warriors
  1. Chicago Bears
  1. Chicago Blackhawks
Dang it we can't even be financial champions...
 

knoxville7

I have the stride of a gazelle
CCS Hall of Fame '22
Joined:
Jul 12, 2013
Posts:
16,529
Liked Posts:
12,956
Location:
The sewers
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Tennessee Volunteers
anybody got 2 bil?
 

knoxville7

I have the stride of a gazelle
CCS Hall of Fame '22
Joined:
Jul 12, 2013
Posts:
16,529
Liked Posts:
12,956
Location:
The sewers
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Tennessee Volunteers
id say my portfolio is looking strong....to real strong
 

MassHavoc

Moderator
Staff member
Joined:
May 14, 2010
Posts:
17,576
Liked Posts:
2,626
Fucking Ballmer man.... what a ridiculous ass clown. I wouldn't be surpised if he's not getting kickbacks from all the other owners for his stupid overpayment for the clippers. This is the result of that bullshit, and if anyone is going to sell do it now because I bet they only go back down from here... Sure they may get back up here someday, but this is just stupid.
 

Crystallas

Three if by air
Staff member
Donator
Joined:
Jun 25, 2010
Posts:
19,890
Liked Posts:
9,618
Location:
Next to the beef gristle mill
My favorite teams
  1. Chicago Bulls
Once the whole Tim Donaghy stuff blew over, the league was going to get back on track, audience and value-wise.
 

Top