The average franchise value of National Basketball Association (NBA) franchises increased nearly twentyfold between 2001 and 2023. In 2023, the average franchise value within the league amounted to 3.85 billion U.S. dollars.
What is the most valuable NBA franchise?
According to Forbes’ NBA Team Valuations, the Golden State Warriors had a value of 7.7 billion U.S. dollars in 2023, making them the most valuable team in the NBA. In second place were the New York Knicks, with a value of 6.6 billion U.S. dollars. When it came to revenue, which is a key indicator of franchise value, the Warriors also topped the rankings for NBA teams with the highest revenue in the 2022/23 season. In second place, however, were the Los Angeles Lakers, whose revenue of 516 million U.S. dollars was 12 million U.S. dollars more than the Knicks.
How do other leagues compare?
In the rankings of the most valuable major sports leagues in North America, the National Football League (NFL) has been the clear leader for a number of years. In 2023, the average franchise value in the NFL increased by over 500 million U.S. dollars from the previous year to reach above five billion U.S. dollars. Meanwhile, the NBA had the second-highest average franchise value among North American sports leagues, trailed by Major League Baseball and the National Hockey League in third and fourth, respectively.
Average franchise value of NBA teams from 2001 to 2023
(in million U.S. dollars)
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Forbes. (October 26, 2023). Average franchise value of NBA teams from 2001 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 18, 2024, from https://www.statista.com/statistics/193442/average-franchise-value-in-the-nba-since-2000/
Forbes. "Average franchise value of NBA teams from 2001 to 2023 (in million U.S. dollars)." Chart. October 26, 2023. Statista. Accessed September 18, 2024. https://www.statista.com/statistics/193442/average-franchise-value-in-the-nba-since-2000/
Forbes. (2023). Average franchise value of NBA teams from 2001 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 18, 2024. https://www.statista.com/statistics/193442/average-franchise-value-in-the-nba-since-2000/
Forbes. "Average Franchise Value of Nba Teams from 2001 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 26 Oct 2023, https://www.statista.com/statistics/193442/average-franchise-value-in-the-nba-since-2000/
Forbes, Average franchise value of NBA teams from 2001 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/193442/average-franchise-value-in-the-nba-since-2000/ (last visited September 18, 2024)
Average franchise value of NBA teams from 2001 to 2023 (in million U.S. dollars) [Graph], Forbes, October 26, 2023. [Online]. Available: https://www.statista.com/statistics/193442/average-franchise-value-in-the-nba-since-2000/