OT: NBA Team Values 2019: Knicks On Top At $4 Billion

[Llama19]

To quote:

"The average NBA team is worth $1.9 billion, up 13% over last year and three times the level of five years ago. The New York Knicks lead the way, worth $4 billion by Forbes’ count, up 11% from a year ago. (And owner James Dolan says he’s been offered even more: a cool $5 billion.) The club is tied with the New York Yankees as the second-most-valuable U.S. sports franchises after the Dallas Cowboys, which is worth $5 billion."

Source: www.forbes.com/sites/kurtbadenhausen/2019/02/06/nba-team-values-2019-knicks-on-top-at-4-billion/#58fe9907e667

Full List: www.forbes.com/nba-valuations/list/#tabverall

Click to read more...

 

[LeHab]

Was expecting Lakers to get a higher increase in value with Lebron arrival.

 

[BigBadBruins7708]

Surprised the Celtics are 5th at $2.8 bill

They dont own the stadium or have a piece of it. They are purely tenants at TD Garden. So they dont get the stadium/real estate boost.

Also is how NYK are on top. Big boost from Madison Square Garden, especially with the massive renovation they just did

 

[BKIslandersFan]

Was expecting Lakers to get a higher increase in value with Lebron arrival.

Knicks are guaranteed money making machine even when the product is awful.

I guess Lakers are too, but New York is bigger.

 

[LeHab]

Knicks are guaranteed money making machine even when the product is awful.

I guess Lakers are too, but New York is bigger.

Knicks = TML yeah a large wealthy market size are key here. Still impressed how they continue to maintain loyalty despite lack of success in a city with so many alternatives. To be valued as much as the Yankess is quite an accomplishment.

 

[BKIslandersFan]

Knicks = TML yeah a large wealthy market size are key here. Still impressed how they continue to maintain loyalty despite lack of success in a city with so many alternatives. To be valued as much as the Yankess is quite an accomplishment.

Well, not really because NBA is a much bigger global brand than MLB.

 

[LeHab]

Well, not really because NBA is a much bigger global brand than MLB.

NBA is more popular but MLB has about twice the revenues. If anything I would expect those more global fans to be less loyal to a specific team and follow hottest one (GSW). Knicks seem to maximize profits while Yankees despite having more revenues invest a lot back to remain competitive on the field.

 

[Outofbodyinhungary]

Maybe it’s just me but I feel like the Lakers are just much more of a global brand. I Think more people know of the Lakers than would know the Knicks. At least in the present time. But than again New York is the capital of the world

 

[aqib]

Knicks are guaranteed money making machine even when the product is awful.

I guess Lakers are too, but New York is bigger.

Lakers don't own their arena.

 

[S E P H]

My monthly "there is no way in hell the Atlanta Hawks, New Orleans Pelicans, Memphis Grizzlies, Brooklyn Nets, Charlotte Hornets, Minnesota Timberwolves, Orlando Magic, and along with a couple more are worth over a billion dollars" post.

 

[LeHab]

Maybe it’s just me but I feel like the Lakers are just much more of a global brand. I Think more people know of the Lakers than would know the Knicks. At least in the present time. But than again New York is the capital of the world

According to Forbes Lakers brand is worth more than Knicks.

 

[TheLegend]

Lakers don't own their arena.

Not quite..... Phillip Anschultz (AEG) is a minority owner.

 

[aqib]

Not quite..... Phillip Anschultz (AEG) is a minority owner.

Its still not the same setup as the Knicks where one entity owns 100% of the basketball team, hockey team, and arena

 

[TheLegend]

Its still not the same setup as the Knicks where one entity owns 100% of the basketball team, hockey team, and arena

Never claimed it was. Was just correcting a point you were trying to make about the Lakers. I could see Anschultz eventually gaining majority control in the future if he wanted it.

 

[BKIslandersFan]

Never claimed it was. Was just correcting a point you were trying to make about the Lakers. I could see Anschultz eventually gaining majority control in the future if he wanted it.

The Buss family, like Mark Davis, don't have a lot of money on their own. Their assets are Lakers, and thats it. So yea I can see it.

 

[LeHab]

Its still not the same setup as the Knicks where one entity owns 100% of the basketball team, hockey team, and arena

MSG is expected to complete separation of its sports and entertainment assets sometime in Q1 of 19. Arena will remain under MSG control while Knicks, NYR will form the core of the new spinoff sports company.

 

[OG6ix]

The Raptors are worth 1.6 billion.. that's more than Forbes has for the leafs and Habs. MLSE must be laughing at all the media that used to write articles about how they should sell the Raptors and focus on the leafs . Vancouver owners made a big mistake not holding on to the grizzlies.

 

[CHRDANHUTCH]

Never claimed it was. Was just correcting a point you were trying to make about the Lakers. I could see Anschultz eventually gaining majority control in the future if he wanted it.

more than likely AMG Global as the new entity may have a piece, see the thread about SMG/AEG merging into one with help from ONEX, TL, WILL Staples eventually be folded into the new entity is the question

 

[HisIceness]

Good thing they are worth all this money, because if value was measured in wins they'd be dead last.

 

[patnyrnyg]

Knicks = TML yeah a large wealthy market size are key here. Still impressed how they continue to maintain loyalty despite lack of success in a city with so many alternatives. To be valued as much as the Yankess is quite an accomplishment.

NBA is huge in NYC. When the Knicks are good, they are by far the hottest ticket in town. When they are bad, they have enough die-hards, even though many pay more attention to the Lebron's and Durant's.

 

[patnyrnyg]

The Raptors are worth 1.6 billion.. that's more than Forbes has for the leafs and Habs. MLSE must be laughing at all the media that used to write articles about how they should sell the Raptors and focus on the leafs . Vancouver owners made a big mistake not holding on to the grizzlies.

I didn't read the article, but I would think a big part of it was the price paid for the Clippers that everyone at the time was crazy. If all ~30 NBA teams were put up for sale today, doubt they all get the full value Forbes is claiming. Doubt there is someone out there who is willing to pay $4B for the Knicks.

 

[Centrum Hockey]

The Raptors are worth 1.6 billion.. that's more than Forbes has for the leafs and Habs. MLSE must be laughing at all the media that used to write articles about how they should sell the Raptors and focus on the leafs . Vancouver owners made a big mistake not holding on to the grizzlies.

The grizzles are in one of the least valuable us markets even grit and grind could not save them from being worth less than New Orleans maybe some owners regret the nba going there

 

[Roadrage]

Wow...1 team actually lost value and that's the Cleveland Cavaliers. I know they lost LeBron but still...