Forbes Business Of Basketball, 2011 - NBA Team Values

According to Forbes Magazine's annual rankings, the Knicks are now the most valuable franchise in the NBA, surpassing the Lakers. NY's value went up 12% over the past year; other big gainers included the Heat, Nets, & Warriors. The biggest declines in value belonged to Cleveland (-26%) and Detroit (-25%). The Pistons and Cavs had been the 4th- and 5th-most valuable franchises, respectively, as recently as December 2009.

Forbes' numbers also show that 17 of the 30 NBA teams operated at a loss last year (compare that to the NFL and MLB, where Forbes' numbers show only two teams lost money in each sport).

This entry was posted on Thursday, January 27th, 2011 at 1:25 pm and is filed under Layups. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.