Warriors top Forbes' valuation list, NBA teams keep making soaring profits - News Summed Up

Warriors top Forbes' valuation list, NBA teams keep making soaring profits


For the second straight season, the Golden State Warriors are the NBA franchise with the biggest value, according to the Forbes report. Credit: USA TODAY Sports/ScanpixThe Golden State Warriors are the most valuable NBA team at $7.7 billion, an increase of 10% from a year ago, according to Forbes, which provides an estimate of the value of the 30 NBA franchises. The New York Knicks ($6.6 billion) and Los Angeles Lakers ($6.4 billion) are the other teams worth more than $6 billion. Per the report, the average NBA team is worth $3.85 billion, an increase of 35% from a year ago. Golden State Warriors $7.7 billion (+10%)2.


Source: Forbes October 29, 2023 12:54 UTC



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