Lakers

Forbes: Lakers Are Most Valuable Franchise In NBA

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Phoenix Suns v Los Angeles Lakers, Game 1

NEW YORK (CBS/AP) — The Los Angeles Lakers have surpassed the New York Knicks as the NBA’s most valuable team, according to Forbes’ annual report.

The magazine (www.forbes.com/nba) said Wednesday that the Lakers’ value had increased 40 percent since last year to $900 million thanks to its blockbuster Time Warner TV deal that is 30-years, $3 billion. The Knicks’ value increased 19 percent to $780 million with a boost from the renovation of Madison Square Garden. The Chicago Bulls, Dallas Mavericks and Boston Celtics round out the top five.

Despite a shortened season, the average team is worth $393 million, up 6.5 percent from last year, aided by the new collective bargaining agreement.

The Milwaukee Bucks are the least valuable team at $268 million.

Rank Team Current Value ($mil) 1-Yr Value Change (%) Debt/Value (%) Revenue ($mil) Operating Income ($mil)
1

Los Angeles Lakers

900 40 13 208 24.3
2

New York Knicks

780 19 0 244 74.9
3

Chicago Bulls

600 17 9 185 59.4
4

Dallas Mavericks

497 13 40 166 -3.9
5

Boston Celtics

482 7 37 146 7.7
6

Miami Heat

457 8 34 158 26.0
7

Houston Rockets

453 2 22 150 17.9
8

Golden State Warriors

450 24 33 139 22.2
9

San Antonio Spurs

418 3 12 139 14.4
10

Phoenix Suns

395 -4 47 136 13.1
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