Jul 15, 2013, 6:47 PM EDT
If you had to name the three NBA franchises worth the most money, you would have been wise to choose the franchises in the three biggest markets.
Forbes put together the list of the world’s 50 most valuable sports franchises. The first takeaway from this should be that it’s good to own major international soccer powers — Real Madrid, Manchester United and Barcelona were the three most valuable of any franchises — or pretty much any NFL team.
But three NBA teams did sneak onto the list.
The Knicks were the first NBA team to come in at No. 23, worth $1.1 billion. Next up was the Lakers at No. 31, worth $1 billion. The only other NBA franchise on the list was the Bulls at No. 47 ($800 million).
Value from owning an NBA team follows the basics of real estate — location, location, location. More fans equals larger local television deals, more lucrative sponsorship deals and the ability to charge more for tickets. It means you can spend a little more on your team… or just turn a nice profit from it. We’re looking at you, Reinsdorf.
Apr 21, 2015, 1:37 AM EDT
Golden State wins Game 2, 97-87
Apr 21, 2015, 12:14 AM EDT
Pierce’s comments made him unpopular north of the border, but his play should bother the Raptors more.
Apr 20, 2015, 11:07 PM EDT
Jimmy Butler’s 31 points led the way.
Apr 20, 2015, 9:59 PM EDT
He was simply the most dominant player in Game 1 of the Mavericks vs. Rockets series.
Apr 20, 2015, 9:56 PM EDT
They did exactly that in Game 1.
Apr 20, 2015, 8:55 PM EDT
John Henson, O.J. Mayo, Jimmy Butler and Joakim Noah all got techs.
Apr 20, 2015, 8:50 PM EDT
I could try to use logic and suggest that discussing the complete legacy of Jordan with the incomplete legacy of James is a fool’s errand. But this is the Internet, logic is not always welcome.
Apr 20, 2015, 7:50 PM EDT
What you want to see as a Boston fan is Smart embrace the challenge.
Apr 20, 2015, 6:13 PM EDT
The Bulls should be in no rush to bring Hinrich back for this series.
Apr 20, 2015, 5:32 PM EDT
Also, Tyreke Evans is a game-time decision after his injury in the playoff opener.
Apr 20, 2015, 4:45 PM EDT
Rose was getting into the paint and making plays.
Apr 20, 2015, 4:06 PM EDT
The Clippers need a rebranding, but the leaked images are not winning over new fans.
Apr 20, 2015, 3:22 PM EDT
One of Ollie’s biggest fans? Kevin Durant
Monty Williams on Warriors home games: ‘I’m not so sure that the decibel level is legal there, and I’m serious’
Apr 20, 2015, 2:44 PM EDT
Is Pelicans coach actually serious?
Apr 20, 2015, 2:03 PM EDT
Whom else would Heat president mean?
Apr 20, 2015, 1:26 PM EDT
Smith committed four fouls in 19 minutes in Cavaliers-Celtics Game 1
Apr 20, 2015, 12:38 PM EDT
Full voting included
Apr 20, 2015, 11:57 AM EDT
And he’s not the only Portland player worried about Aldridge leaving
Apr 20, 2015, 11:20 AM EDT
Clippers tougher than Spurs in Game 1
Apr 20, 2015, 10:37 AM EDT
Admittedly, this was not the finest batch of questions in his postgame press conference
- With Anthony Davis and Pelicans drained, Warriors deliver down the stretch 0
- PBT Extra matchup to watch: Can Toronto keep Paul Pierce quiet on the court? 3
- Bulls overcome ugly start to take 2-0 series lead over Bucks 8
- PBT Extra matchup to watch: Dallas has to find a way to deal with Dwight Howard 3
- Man arrested after fight over who is better, Michael Jordan or LeBron James 24
- PBT Extra matchup to watch: Marcus Smart needs to take on Kyrie Irving challenge 2
- PBT Extra matchup to watch: Pelican guards need to stay with Curry, Thompson 1
- PBT Extra: Matchup to watch in Bulls vs. Bucks, Derrick Rose vs. Michael Carter-Williams 6