Forbes Releases NBA Franchise Valuations

January 23 2013 at 11:26am CDT By Luke Adams

Forbes has unveiled its annual franchise valuations for all 30 NBA teams, with the Knicks and Lakers predictably topping the list. According to Forbes, both teams are worth more than $1 billion, the first NBA franchises to reach the 10-digit mark. Overall, the average NBA team is worth $509MM, up an impressive 30% from a year ago. Here's the complete list of Forbes' franchise values:

  1. New York Knicks: $1.1 billion
  2. Los Angeles Lakers: $1 billion
  3. Chicago Bulls: $800MM
  4. Boston Celtics: $730MM
  5. Dallas Mavericks: $685MM
  6. Miami Heat: $625MM
  7. Houston Rockets: $568MM
  8. Golden State Warriors: $555MM
  9. Brooklyn Nets: $530MM
  10. San Antonio Spurs: $527MM
  11. Sacramento Kings: $525MM
  12. Oklahoma City Thunder: $475MM
  13. Phoenix Suns: $474MM
  14. Orlando Magic: $470MM
  15. Portland Trail Blazers: $457MM
  16. Cleveland Cavaliers: $434MM
  17. Utah Jazz: $432MM
  18. Los Angeles Clippers: $430MM
  19. Denver Nuggets: $427MM
  20. Philadelphia 76ers: $418MM
  21. Toronto Raptors: $405MM
  22. Detroit Pistons: $400MM
  23. Washington Wizards: $397MM
  24. Indiana Pacers: $383MM
  25. Memphis Grizzlies: $377MM
  26. Minnesota Timberwolves: $364MM
  27. New Orleans Hornets: $340MM
  28. Atlanta Hawks: $316MM
  29. Charlotte Bobcats: $315MM
  30. Milwaukee Bucks: $312MM
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