This graph depicts the average franchise value of National Basketball Association franchises from 2001 to 2013. In 2004, the average franchise value was 265 million U.S. dollars.
NBA franchise value
The National Basketball Association is currently comprised of 30 franchises that, according to Forbesí NBA Team Valuations, have an average value of 509 million U.S. dollars in 2013. This constitutes an increase in average value of almost 30 percent compared to the Forbesí 2012 valuations. Compared to the National Football League (NFL) and Major League Baseball (MLB), franchises in the NBA are ,on average, still worth less than the football and baseball team of those leagues. Teams of Major League Baseball had an average franchise value of 744 million U.S. dollars in 2013, while teams of the National Football League had an average value of more than one billion U.S. dollars.
With a value of 1.1 billion U.S. dollars, the New York Knicks are the most valuable franchise in the NBA according to Forbes. The Los Angeles Lakers are the only other team that is valued at one billion U.S. dollars or more. The least valuable franchise is the Milwaukee Bucks with a value of 312 million U.S. dollars, around a third of what the New York Knicks and Los Angeles Lakers are worth.
When a franchise is sold to new ownership, the sales price has a significant impact on the value of the franchise. In 2013, for example, billionaire Vivek Ranadive purchased a 65 percent majority stake of the Sacramento Kings for a reported 348 million U.S. dollars, bringing the total valuation of the franchise to 535 million U.S. dollars. Just one year earlier Forbes had estimated the value of the franchise at 300 million U.S. dollars.