The NBA (National Basketball Association) is the most prestigious, and of course, competitive basketball league in the world. It boasts the big-money sponsors and entrepreneurs, especially the teams. In this article, we have rounded up the most valuable NBA teams in 2020.
1. New York Knicks ($4.6 billion)
Even though the Lakers enjoyed a long spell as the most valuable team in the NBA, the crown was taken by New York Knicks, owned by Madison Square Garden Company. The moment of change came in when the team got a 20-year media rights deal that was worth $100 million in the first year. Today, the New York Knicks is worth around $4.6 billion.
2. Los Angeles Lakers ($3.7 billion)
The Lakers are among the most successful teams in the history of the NBA. They have managed to sign some of the biggest names in the industry, including Kobe Bryant and LeBron James. The club’s fortunes changed in 2012 after the 20-year television rights deal worth $4 billion with Warner. Today, LA Lakers is worth around $3.7 billion.
3. Golden State Warriors ($3.5 billion)
One of the most successful teams in recent times is the Golden State Warriors, who have witnessed a 13% climb in value, taking them to $3.5 billion. GSW has won three of the last five NBA championships and has the highest-paid athlete in the NBA at the moment, Stephen Curry. The team recently moved to their newly constructed stadium, the Chase Centre, that has been valued at a whopping $1.5 billion.
Others in the list of the most valuable NBA teams include Chicago Bulls ($3.2 billion), Boston Celtics ($3.1 billion), LA Clippers ($2.6 billion), Brooklyn Nets ($2.5 billion), Houston Rockets ($2.475 billion), Dallas Mavericks ($2.4 billion), Toronto Raptors ($2.1 billion) and Philadephia 76ers ($2 billion) just to mention a few.