When we think of big markets in the NBA, we immediately think of Los Angeles, San Francisco and New York. Good news, you hit the nail on the head since these are the three NBA franchises with the highest market value.
Sportico has released its annual ranking of the NBA franchises with the highest market value. This ranking has existed for five years and the Warriors have always been first.
This year is no exception.
Golden State would have an estimated value of $9.14 billion just ahead of the Knicks ($8.3 billion) and Lakers ($8.07 billion).
BREAKING: @warriors crack $9B, lead 2024 @NBA Team Valuations as every team is now worth more than $3 billion.
The latest from @kbadenhausenread the full story ⤵️ pic.twitter.com/LlMWEEFNW7
— Sportico (@Sportico) December 18, 2024
Just behind these three behemoths, we find the Brooklyn Nets with a market value of $5.7 billion and a colossal increase of 43% in one year. The Barclays Center plays a major role in this gigantic increase since it is said to be the most profitable venue in the world.
To understand where this development comes from, we must look at Sportico’s calculation method. The company takes two fairly simple criteria: the owner’s real estate holdings and team-related businesses like WNBA franchises.
This is why the Warriors are well ahead since Golden State will welcome its WNBA franchise next season with the creation of the Golden State Valkyries.
If the Clippers and the Nets close the top 5 – ahead of the Celtics – it is thanks to their respective rooms. Since the end of 2019, Joe Tsai has owned the Barclays Center in Brooklyn. If for obvious reasons of COVID-19, the owner of Jay-Z’s former franchise was not able to recover all the fruits of his jewel, this is now the case. Hence the explosion in the value of the Nets.
On the Clippers side, Steve Ballmer this season inaugurated his Intuit Dome. A arena brand new which will, without a doubt, increase the Clippers’ rating in the coming years.
The valuation of an NBA franchise may vary depending on the calculation method used. This is why Sportico’s ranking differs on certain points from that proposed by Forbes last October.
More broadly, all franchises have seen their value increase this season. On average, an NBA team is worth $4.6 billion, a figure that increased by 15% last season.
This is explained by the numerous partnerships signed by the NBA, but also by the new TV rights deal estimated at $76 billion.
In short, unlike the Big League audiences, NBA franchises are doing very, very well.
The 10 NBA franchises with the highest value according to Sportico
- Golden State Warriors: $9.14 billion
- New York Knicks : 8,3 milliards
- Los Angeles Lakers: 8.07 billion
- Brooklyn Nets: 5.7 billion
- Los Angeles Clippers: 5.68 billion
- Boston Celtics : 5,66 milliards
- Chicago Bulls : 5,56 milliards
- Miami Heat : 5 milliards
- Houston Rockets : 4,77 milliards
- Toronto Raptors : 4,66 milliards
Source texte : ESPN, Sportico
