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NBA: Forbes releases 23rd annual league review

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The 2021 NBA Rating released by Forbes. FORBES

New York Knicks retain first place in 23th annual ranking Forbes of NBA teams for the sixth consecutive year. Their value, up 9% from last year, is estimated at $ 5 billion (4 billion euros).

Teams missed about 20% of home games last year and all home playoff games, but league profits only fell 12%, thanks to massive TV deals that were paid in full and a reduction in player salaries, as provided for in the NBA collective agreement.

The Warriors the Golden State came in second with a value of 4.7 billion dollars (3.8 billion euros), an increase of 9% compared to 2020, after the opening of the new Chase Center a billion dollars. This is the first time since 2000 that the New York Knicks and Los Angeles Lakers have failed to secure the top two spots in the evaluations of Forbes. Los Angeles Lakers, the Chicago Bulls and the Celtics de Boston round out the five most valuable NBA teams, with respective values ​​of $ 4.6 billion (€ 3.8 billion), $ 3.3 billion (€ 2.7 billion) and 3, 2 billion dollars (2.6 billion euros).

The Knicks de New York have lost almost 70% of their games in the last six seasons and have won only one playoff series since 2000. They have nonetheless managed to hold onto their top spot, said Kurt Badenhausen, editor-in-chief of Forbes. The team’s assessment is largely the result of the renovation of the MSG (Madison Square Garden), a successful $ 1 billion local television contract, and the team’s place in North America’s largest and richest sports market.

For the full list and more, visit: Forbes NBA 2021.

Article translated from Forbes US – Forbes Press Releases

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