National Basketball Association (NBA) - Statistics & Facts
The National Basketball Association (NBA) is a professional basketball league in North America comprising 30 franchises, of which 29 are located in the United States and one in Canada (Toronto Raptors). The league was founded in 1946, then named the Basketball Association of America (BAA). In 1949 the BAA merged with the rival National Basketball League (NBL) to form the National Basketball Association.
Today the NBA, as a whole, generates more than 5 billion U.S. dollars in revenue each season, an average of around 195 million U.S. dollars per team (2015/16). The New York Knicks, the Los Angeles Lakers and the Golden State Warriors are the only teams with more than 300 million U.S. dollars in annual revenue. Six more teams - Houston Rockets, Chicago Bulls, Brooklyn Nets, Cleveland Cavaliers, Miami Heat and the Golden State Warriors - generated more than 200 million U.S. dollars in revenue in 2015/16.
The New York Knicks are the most valuable franchise of the league with a total value of 3.3 billion U.S. dollars. More than half of the NBA franchises have a value of one billion U.S. dollars or more. The least valuable franchise is the New Orleans Pelicans with a value of 750 million U.S. dollars. On average NBA franchises have an estimated value of 1.34 billion U.S. dollars. In comparison the average franchise value in the NFL was 2.34 billion U.S. dollars, in MLB 1.54 billion U.S. dollars and in the NHL 517 million U.S. dollars.
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