Project Management Consultant company Sportco has released Annual Franchise Valuation Report of all 30 franchises of the National Basketball Association (NBA) league. As per the report, the collective fair-market value of league’s 30 franchises is more than $71 Billion and an average value of an NBA team is worth nearly $2.4 Billion in 2020/21.
The report compiled the data and stated the collective fair-market value of each franchise, the value was based on the net of ownership’s stakes in real estate, regional sports networks, and the additional team-related holdings.
The 2020-21 season was hugely disrupted due to the coronavirus outburst but the pandemic has only decreased the collective fair-market data of a franchise by two percent. Three of the franchises have earned more than $5 Billion in total value, giving the sport a much needed monetary lift. Considering NBA completing the campaign under bio bubbles, the broadcast viewership has added more value to the teams.
Since all industries have suffered financially during the pandemic, the sponsorship deals might take a hit in the next year’s report. However, the brand values of this teams remain significant, so they are likely to still find a way to swell their values.
New York Knicks have topped the list with the total value at $ 5.42 Billion. One fifth of Knicks’ value has been contributed by team-related businesses and real estate, while the remainder amount was due to Knicks’ team value. Knicks were followed up by the Golden State Warriors with a total value of $ 5.21 Billion, while defending NBA champions the Los Angeles Lakers were third with $ 5.14 Billion.
Here’s the rank-order listing of all the 30 NBA franchises, as per the fair-market value
|New York Knicks||$5.42 billion|
|Golden State Warriors||$5.21 billion|
|Los Angeles Lakers||$5.14 billion|
|Brooklyn Nets||$3.40 billion|
|Boston Celtics||$3.18 billion|
|Chicago Bulls||$3.14 billion|
|Houston Rockets||$2.77 billion|
|Los Angeles Clippers||$2.63 billion|
|Dallas Mavericks||$2.58 billion|
|Toronto Raptors||$2.55 billion|
|Philadelphia 76ers||$2.50 billion|
|Miami Heat||$2.38 billion|
|San Antonio Spurs||$2.05 billion|
|Washington Wizards||$2.05 billion|
|Portland Trail Blazers||$1.91 billion|
|Milwaukee Bucks||$1.86 billion|
|Sacramento Kings||$1.84 billion|
|Denver Nuggets||$1.77 billion|
|Cleveland Cavaliers||$1.74 billion|
|Detroit Pistons||$1.74 billion|
|Utah Jazz||$1.71 billion|
|Oklahoma City Thunder||$1.66 billion|
|Phoenix Suns||$1.64 billion|
|Indiana Pacers||$1.55 billion|
|Atlanta Hawks||$1.54 billion|
|Orlando Magic||$1.53 billion|
|Charlotte Hornets||$1.51 billion|
|Minnesota Timberwolves||$1.43 billion|
|Memphis Grizzlies||$1.36 billion|
|New Orleans Pelicans||$1.35 billion|