Forbes Releases 2020 NBA Franchise Valuations

The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.

None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.

For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.

The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $4.6 billion
  2. Los Angeles Lakers: $4.4 billion
  3. Golden State Warriors: $4.3 billion
  4. Chicago Bulls: $3.2 billion
  5. Boston Celtics: $3.1 billion
  6. Los Angeles Clippers: $2.6 billion
  7. Brooklyn Nets: $2.5 billion
  8. Houston Rockets: $2.475 billion
  9. Dallas Mavericks: $2.4 billion
  10. Toronto Raptors: $2.1 billion
  11. Philadelphia 76ers: $2 billion
  12. Miami Heat: $1.95 billion
  13. Portland Trail Blazers: $1.85 billion
  14. San Antonio Spurs: $1.8 billion
  15. Sacramento Kings: $1.775 billion
  16. Washington Wizards: $1.75 billion
  17. Phoenix Suns: $1.625 billion
  18. Denver Nuggets: $1.6 billion
  19. Milwaukee Bucks: $1.58 billion
  20. Oklahoma City Thunder: $1.575 billion
  21. Utah Jazz: $1.55 billion
  22. Indiana Pacers: $1.525 billion
  23. Atlanta Hawks: $1.52 billion
  24. Cleveland Cavaliers: $1.51 billion
  25. Charlotte Hornets: $1.5 billion
  26. Detroit Pistons: $1.45 billion
  27. Orlando Magic: $1.43 billion
  28. Minnesota Timberwolves: $1.375 billion
  29. New Orleans Pelicans: $1.35 billion
  30. Memphis Grizzlies: $1.3 billion

The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.

Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.

It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.

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19 thoughts on “Forbes Releases 2020 NBA Franchise Valuations

  1. x%sure

    So, not much meaning here, since if you want one, it would cost more.

    • Major Factuh

      It would be interesting to see what the Knicks would really fetch, if fans wishes were granted and Dolan up and sold the team.

    • Jason Lancaster

      Well, if you’re trying to figure out which teams have the best local revenue streams, merch sales, and sponsorship value, it’s a relative metric. I wouldn’t have guessed Sacramento had more local revenue potential than Atlanta, but evidently they do.

      To me, the delta between these values and transaction value is prestige and contacts. Want to make friends with the Governor? Buy a team. Want to have a senators personal cell phone number? Buy a team. Want to get lots of free publicity for your company? Buy a team. And so on.

      Maybe that’s why Atlanta is so far down the list! No one cares about Georgia, LOL.

      • x%sure

        Forbes indicated a wide variation in the multiplier between valuations and revenue streams. Of course the multiplier could be guessed at too with the liklihood of having local zillionaires the big factor, driving up the price.

  2. nentwigs

    According to “Forbes” , which knows squat about sports, and is all about MONEY, the Timberpuppies have a bottom of the barrel value. However, if you are an NBA fan in Minnesota the truth of the matter is that since the inception of the franchise they have and continue to be pretty much WORTHLESS !!

  3. Dodgethis

    Forbes. While we all enjoy their valuations, they aren’t accurate, and everything they post should be taken with a grain of salt. Still a fun exercise.

  4. Tazza

    Buying the Pelicans would be a steal.
    Yes they play in a small market I suppose but the Saints seem to do alright there.

    They have young guys Zion Williamson (superstar), Brandon Ingram (all star), Jrue Holiday (top 30 player), Lonzo Ball, NAW, Hart, Hayes, and still have 4 extra firsts gathered in trades and 4 extra second round picks.

    If they want to be successful and start winning now they easily could make a trade and be off but they are so young and still rebuilding.

    Imagine Kyrie Irving for Brandon Ingram (sign and trade) plus Josh Hart and 2 future firsts…
    Irving and Holiday would be a great guard duo and would guarantee them playoff games, Zion would get lots of touches and be great, you’d still have young talent in Ball, NAW, Hayes and you still have all your firsts and 2 extras..
    Nets play better with Dinwiddie and LeVert and Ingram and Durant would be an amazing duo with Jordan and Allen down low. Hart off the bench would be a nice player and with Prince and Harris. They would be great in the East

    • JD Candello

      Hmm we have a young aspiring team ….Whats the next step…..of yea of cource bring in Kyrie Irving !!!!

    • JD Candello

      Hmm we have a young aspiring team ….Whats the next step…..of yea of cource bring in Kyrie Irving !!!!

    • Tazza

      I wasn’t meaning bring him in!! But if you wanted to trade out some youth for more immediate success you could

  5. braveshomer

    Atlanta sports teams kill me….Atlanta is a top 8 market place if not higher yet all our teams mostly operate as a small market budget/value smh

  6. formerlyz

    Michael Jordan still the winner of this every year lol. Bought the Bobcats for $175 million like 7 years ago. GOAT

    • Tazza

      Good business move but the hornets have sucked ever since he’s joined

      • Appalachian_Outlaw

        Yeah, greatest player ever. Smart businessman. Awful, awful executive. Shows you can’t be good at everything, I guess.

  7. abcrazy4dodgers

    Everytime you flush the commode, remember that 4.6B mark for the Knicks.

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