Skip to content

Forbes: Knicks most valuable franchise, Kobe biggest earner

Jan 23, 2013, 3:05 PM EDT

Portland Trail Blazers v Los Angeles Lakers Getty Images

The New York Knicks and Los Angeles Lakers are each worth more than $1 billion dollars.

That is billion with a “B.”

They are the first NBA franchises to pass that mark, reports Forbes Magazine in its latest valuation of NBA franchises. The Knicks are worth $1.1 billion, the Lakers $1 billion even. The average NBA franchise is worth $509 million, up 30 percent from the year before, the magazine estimates.

Oh, and by the way, Kobe Bryant makes a lot of money — $59.8 million in salary and endorsements this year. The magazine also has released its list of highest earning players.

With the franchises, the Knicks move back into the top spot somewhat due to success on the court but mostly because of the $980 million renovation to Madison Square Garden. The renovation paved the way for more of the expensive, luxury seating and perks that drive team revenue. Because of that the value of the franchise jumped 41 percent in one year, according to Forbes.

By moving to Brooklyn and the new Barclays Center, the Nets value jumped 48 percent to $530 million. The lowest valued team? The Milwaukee Bucks at a “measly” $312 million.

As for players earnings, it’s Kobe Bryant, LeBron James and then everyone else.

Kobe tops the list with LeBron James second at $57.6 million. LeBron has more endorsement money coming in but his actual NBA salary is just more than $10 million less than Kobe’s $27.8 million.

Derrick Rose — he of the large Adidas contract — is third on the list at $32.4 million.

The rest of the top 10 is:

4. Dwyane Wade
5. Kevin Durant
6. Carmelo Anthony
7. Amar’e Stoudemire
8. Dwight Howard
9. Chris Paul
10. Pau Gasol

What each of those guys does is put butts in seats (even Gasol, although to a much lesser extent). Yes, they can score a lot (save maybe Stoudemire) but pay for an NBA player at the max is not just about on-court production as what he means for the bottom line of the franchise. While Kobe may be getting paid $27 million he’s worth probably three times that to the Lakers in terms of ticket sales, sponsorships and more.

Latest Posts
  1. Why I am going to miss Steve Nash

    Oct 24, 2014, 3:50 PM EDT

    steve-nash-getty Getty Images

    Nash was everything we want as a fan in an NBA player.

  2. 67RIEFNS No. 34: JaVale McGee doing JaVale McGee things

    Oct 24, 2014, 2:50 PM EDT

    Denver Nuggets Media Day Denver Nuggets Media Day

    The NBA is full of talent, personality and suspense. During the offseason, It’s easy to forget how wonderful the league can be. So, I’ve assembled 67 Reasons I’m Excited For Next Season (67RIEFNS). They’ll be presented in no particular order. JaVale McGee played just five games last year after injuring his leg. How did we…

  3. 67RIEFNS No. 33: Emotional swings of Roy Hibbert

    Oct 24, 2014, 1:07 PM EDT

    Indiana Pacers Media Day 2014 Indiana Pacers Media Day 2014

    Pacers center filling huge role after last season’s great start, big collapse

  4. Josh Childress delivers flying elbow to opponent’s face (video)

    Oct 24, 2014, 12:33 PM EDT

    NBL Rd 3 - Perth v Sydney Getty Images

    Childress, who played for Pelicans last season, now playing (dirty) in Australia

  5. 67RIEFNS No. 32: Dwyane Wade and Chris Bosh leading a team without LeBron

    Oct 24, 2014, 11:55 AM EDT

    2014 NBA Finals - Game Two Getty Images

    Are Heat stars too old to succeed without LeBron James?

  6. 67RIEFNS No. 31: Wizards’ small forwards

    Oct 24, 2014, 11:15 AM EDT

    Charlotte Hornets vs Washington Wizards Charlotte Hornets vs Washington Wizards

    Paul Pierce, Otto Porter or Martell Webster – all intriguing for different reasons – could become Washington’s starting small forward

  7. Phil Jackson agrees with Jeff Van Gundy’s assessment of Triangle Offense

    Oct 24, 2014, 9:30 AM EDT

    Phil Jackson Phil Jackson

    Van Gundy downplayed the offense’s impact on a team’s success, and Jackson co-signs.

  8. LeBron James special ‘Becoming’ to premiere on Disney XD (VIDEO)

    Oct 24, 2014, 8:00 AM EDT

    Google ChromeScreenSnapz004

    Filmed in his hometown of Akron, Ohio, “Becoming” includes rarely seen footage from LeBron James’ earliest days in sports.

  9. Josh Smith dunks all over Nerlens Noel (VIDEO)

    Oct 24, 2014, 1:15 AM EDT

    Nerlens Noel, Josh Smith AP

    Noel isn’t ready to stop that much power going to the rim yet.

Featured video

Heat can make playoffs without LeBron
Top 10 NBA Player Searches
  1. K. Bryant (4818)
  2. B. Lopez (4699)
  3. V. Oladipo (4605)
  4. N. Noel (4536)
  5. J. Lin (4354)