Every NBA Team Now Worth At Least $1bn

The Los Angeles Lakers who like the Knicks have struggled in recent years continue to benefit from raking in almost $150 million a year from their local television and radio deals

The average franchise value is $1.65 billion, Forbes says.

Frank Ntilikina, right, and Tim Hardaway Jr. of the Knicks against the Brooklyn Nets at Madison Square Garden on January 30, 2018.

And if you're wondering about the value of other Atlanta teams, the Falcons past year were estimated to be worth $2.475 billion and the Braves $1.5 billion, both benefiting from new stadiums. They are now the sixth most valuable sports team in the world, behind football clubs Real Madrid, Barcelona and Manchester United, baseball's New York Yankees and the NFL's Dallas Cowboys.

According to Forbes, the lowest valued team is the New Orleans Pelicans at $1bn.

The Celtics trailed the New York Knicks, Los Angeles Lakers, Golden State Warriors and Chicago Bulls - a reminder that how well your team is now playing doesn't generally affect how much your team might be sold for.

Cleveland Cavaliers - NBA champions in 2016 - are 15th in the list of valuations at $1.3bn but lost money during the previous year, thanks in part to a $134m wage bill servicing the likes of LeBron James and Dwyane Wade.

It's an important to keep in mind that these are estimates, and not a real value.

The Warriors continue to climb up the value rankings, leaping past the Bulls for third this year.

Business in the National Basketball Association is booming, according to the latest franchise valuations by Forbes, and the Timberwolves are certainly part of the good times.

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