Pacers 22nd most valuable National Basketball Association franchise

Lynette Rowe
February 10, 2018

For the first time in league history, all 30 teams are worth at least $1 billion, according to Forbes.

Since Adam Silver took over as commissioner in February 2014, the league's teams went from being worth $19 billion collectively to $50 billion.

The New York Knicks are now worth the most in the league at an estimated $3.6 billion with the Los Angeles Lakers, Golden State Warriors, Chicago Bulls and Boston Celtics rounding out the top five.

Their year-to-year value increase was sixth-best among all teams.

The Knicks brought in $426 million in revenue this past year.

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The valuation is a whopping 19 percent increase from a year ago, when the Warriors were valued by the magazine at a little over $2.5 billion.

The Lakers ($3.3 billion), Warriors ($3.1 billion), Bulls ($2.6 billion) and Celtics ($2.5 billion) round out the top 6.

The New Orleans Pelicans are last on the list with a value of $1 billion.

Forbes attributed the growth in franchise values league-wide to a variety of factors: the NBA's global media and marketing growth in China and elsewhere; the start of a new national TV contract in the US with "three times the worth of the previous deal on an annual basis"; new corporate logos on jerseys; and others.

The study found that the 30 National Basketball Association teams are worth an average of $1.65 billion, up 22 percent from a year ago. "The product is excellent, and interest in basketball around the world continues to flourish".

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