The Golden State Warriors have taken the top spot in Forbes Magazine’s ranking of the NBA’s most valuable franchise, surpassing the New York Knicks, the former owner of the post.
The defending league champions have an estimated net worth of $7 billion, a 25 percent increase over last year. This marks the first time that a team other than the Knicks or the Los Angeles Lakers has held the top spot on the list since Forbes began evaluating NBA franchises.
The Knicks, who previously held the top spot for seven consecutive years, finished second with $6.1 billion, followed by the Lakers ($5.9 billion), Chicago Bulls ($4.1 billion) and Boston Celtics ($4 billion).
The average NBA team is now worth $2.86 billion, a 15% increase over last year.
Check out the full 2022 ranking:
RANKING TEAM VALUE
1. Golden State Warriors $7 billion
2. New York Knicks $6.1 billion
3. Los Angeles Lakers $5.9 billion
4. Chicago Bulls $4.1 billion
5. Boston Celtics $4 billion
6. Los Angeles Clippers $3.9 billion
7. Brooklyn Nets $3.5 billion
8. Dallas Mavericks $3.3 billion
9. Houston Rockets $3.2 billion
10. Philadelphia 76ers $3.15 billion
11. Toronto Raptors $3.1 billion
12. Miami Heat US$ 3 billion
13. Phoenix Suns US$ 2.7 Billion
14. Washington Wizards US$ 2.5 billion
15. Milwaukee Bucks US$ 2.3 billion
16. Portland Trail Blazers $2.1 billion
17. Cleveland Cavaliers $2.05 billion
18. Sacramento Kings $2.03 billion
19. Utah Jazz US$ 2.025 Billion
20. San Antonio Spurs $2.025 Billion
21. Atlanta Hawks US$ 1.975 billion
22. Denver Nuggets $1.93 billion
23. Detroit Pistons $1.9 billion
24. Oklahoma City Thunder $1.875 billion
25. Orlando Magic $1.85 billion
26. Indiana Pacers $1.8 billion
27. Charlotte Hornets $1.7 billion
28. Minnesota Timberwolves $1.67 billion
29. Memphis Grizzlies $1.65 billion
30. New Orleans Pelicans $1.6 billion
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