Forbes list of the most valuable NBA teams

Forbes compiles the finances of all 30 NBA teams to produce an annual ranking of the best franchises in terms of valuation. The latest ranking reported that the Golden State Warriors are the most valuable NBA franchise during the 2024-25 NBA Season, with a valuation of $8.8 billion.[1] The Warriors are the third NBA team to hold the title of most valuable franchise since the inception of Forbes' ranking during the 1991–92 NBA season, with the other two being the Los Angeles Lakers and the New York Knicks.[2][3][4]

Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as The New York Times and Sports Illustrated.[5][6] The NBA has consistently recognized the renditions of the ranking.[7][8] The report has also applied more context to NBA trends, such as the financial impact of Ja Morant leveraging the Memphis Grizzlies into playoff relevancy.[9]

Ranking

Rankings as of November 19, 2024 (2024-25 NBA season)[10]

Rank Team State / Province Value[a] Change[b] Operating Income[c]
1 Golden State Warriors California $8.8 billion 14% $142 million
2 New York Knicks New York $7.5 billion 14% $182 million
3 Los Angeles Lakers California $7.1 billion 11% $199 million
4 Boston Celtics Massachusetts $6.0 billion 28% $121 million
5 Los Angeles Clippers California $5.5 billion 18% $96 million
6 Chicago Bulls Illinois $5.0 billion 9% $140 million
7 Houston Rockets Texas $4.9 billion 11% $160 million
8 Brooklyn Nets New York $4.8 billion 25% $43 million
9 Dallas Mavericks Texas $4.7 billion 4% $158 million
10 Philadelphia 76ers Pennsylvania $4.6 billion 7% $120 million
11 Toronto Raptors Ontario $4.4 billion 7% $97 million
12 Phoenix Suns Arizona $4.3 billion 8% –$14 million
13 Miami Heat Florida $4.25 billion 9% $62 million
14 Washington Wizards Washington, D.C. $4.1 billion 17% $118 million
15 Milwaukee Bucks Wisconsin $4.0 billion 25% –$16 million
16 Cleveland Cavaliers Ohio $3.95 billion 18% $97 million
17 Denver Nuggets Colorado $3.9 billion 16% $57 million
18 San Antonio Spurs Texas $3.85 billion 18% $118 million
19 Atlanta Hawks Georgia $3.8 billion 14% $94 million
20 Sacramento Kings California $3.7 billion 11% $54 million
21 Oklahoma City Thunder Oklahoma $3.65 billion 20% $90 million
22 Indiana Pacers Indiana $3.6 billion 24% $94 million
23 Utah Jazz Utah $3.55 billion 15% $89 million
24 Portland Trail Blazers Oregon $3.5 billion 14% $81 million
25 Detroit Pistons Michigan $3.4 billion 11% $89 million
26 Charlotte Hornets North Carolina $3.3 billion 10% $84 million
27 Orlando Magic Florida $3.2 billion 8% $82 million
28 Minnesota Timberwolves Minnesota $3.1 billion 24% $72 million
29 New Orleans Pelicans Louisiana $3.05 billion 20% $41 million
30 Memphis Grizzlies Tennessee $3.0 billion 25% $44 million

Notes

  1. ^ Value of team (in USD) based on current stadium deal (unless new stadium is pending), without deduction for debt (other than stadium debt).
  2. ^ Change of valuation from the 2016–17 NBA season to the 2020–21 NBA season.
  3. ^ Earnings (in USD) before interest, taxes, depreciation and amortization.

See also

References

  1. ^ "The Most Valuable NBA Teams 2024". Forbes. Retrieved 20 January 2024.
  2. ^ "How the $7 billion Warriors built the most valuable franchise in the NBA". San Francisco Chronicle. 27 October 2022. Retrieved 3 November 2022.
  3. ^ "Warriors land at No. 1 on Forbes NBA team valuations list for first time". Yahoo!. 28 October 2022. Retrieved 3 November 2022.
  4. ^ "The NBA's Most Valuable Teams (2022–23)". Forbes. Retrieved 3 November 2022.
  5. ^ Deb, Sopan (23 November 2021). "Are the Knicks and Lakers Really Worth $5 Billion?". The New York Times. Retrieved 30 March 2022.
  6. ^ "Where Do Mavs Rank Among Forbes' Most Valuable NBA Franchises?". Sports Illustrated. 19 October 2021. Retrieved 30 March 2022.
  7. ^ "Forbes: NBA teams worth $2.12 billion on average". National Basketball Association. Retrieved 30 March 2022.
  8. ^ "Forbes: NBA teams worth $1.9 billion on average". National Basketball Association. Retrieved 30 March 2022.
  9. ^ "Red hot and blue: Sizzling Grizzlies and Morant net national attention, economic fortunes". American City Business Journals. Retrieved 30 March 2022.
  10. ^ "The Most Valuable NBA Teams 2024". www.forbes.com. Retrieved 2025-01-20.
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