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Forbes list of the most valuable NBA teams

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The home arena of the Golden State Warriors, the most valuable NBA team as of the 2024-25 NBA season.

Forbes compiles the finances of all 30 NBA teams to produce an annual ranking of the best franchises in terms of valuation. The latest ranking reported that the Golden State Warriors are the most valuable NBA franchise during the 2024-25 NBA Season, with a valuation of $8.8 billion. The Warriors are the third NBA team to hold the title of most valuable franchise since the inception of Forbes' ranking during the 1991–92 NBA season, with the other two being the Los Angeles Lakers and the New York Knicks.

Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as The New York Times and Sports Illustrated. The NBA has consistently recognized the renditions of the ranking. The report has also applied more context to NBA trends, such as the financial impact of Ja Morant leveraging the Memphis Grizzlies into playoff relevancy.

Ranking

Rankings as of November 19, 2024 (2024-25 NBA season)

Rank Team State / Province Value Change Operating Income
1 Golden State Warriors  California $8.8 billion Increase 14% $142 million
2 New York Knicks  New York $7.5 billion Increase 14% $182 million
3 Los Angeles Lakers  California $7.1 billion Increase 11% $199 million
4 Boston Celtics  Massachusetts $6.0 billion Increase 28% $121 million
5 Los Angeles Clippers  California $5.5 billion Increase 18% $96 million
6 Chicago Bulls  Illinois $5.0 billion Increase 9% $140 million
7 Houston Rockets  Texas $4.9 billion Increase 11% $160 million
8 Brooklyn Nets  New York $4.8 billion Increase 25% $43 million
9 Dallas Mavericks  Texas $4.7 billion Increase 4% $158 million
10 Philadelphia 76ers  Pennsylvania $4.6 billion Increase 7% $120 million
11 Toronto Raptors  Ontario $4.4 billion Increase 7% $97 million
12 Phoenix Suns  Arizona $4.3 billion Increase 8% –$14 million
13 Miami Heat  Florida $4.25 billion Increase 9% $62 million
14 Washington Wizards  Washington, D.C. $4.1 billion Increase 17% $118 million
15 Milwaukee Bucks  Wisconsin $4.0 billion Increase 25% –$16 million
16 Cleveland Cavaliers  Ohio $3.95 billion Increase 18% $97 million
17 Denver Nuggets  Colorado $3.9 billion Increase 16% $57 million
18 San Antonio Spurs  Texas $3.85 billion Increase 18% $118 million
19 Atlanta Hawks  Georgia $3.8 billion Increase 14% $94 million
20 Sacramento Kings  California $3.7 billion Increase 11% $54 million
21 Oklahoma City Thunder  Oklahoma $3.65 billion Increase 20% $90 million
22 Indiana Pacers  Indiana $3.6 billion Increase 24% $94 million
23 Utah Jazz  Utah $3.55 billion Increase 15% $89 million
24 Portland Trail Blazers  Oregon $3.5 billion Increase 14% $81 million
25 Detroit Pistons  Michigan $3.4 billion 11% 11% $89 million
26 Charlotte Hornets  North Carolina $3.3 billion Increase 10% $84 million
27 Orlando Magic  Florida $3.2 billion Increase 8% $82 million
28 Minnesota Timberwolves  Minnesota $3.1 billion Increase 24% $72 million
29 New Orleans Pelicans  Louisiana $3.05 billion Increase 20% $41 million
30 Memphis Grizzlies  Tennessee $3.0 billion Increase 25% $44 million

Notes

  1. Value of team (in USD) based on current stadium deal (unless new stadium is pending), without deduction for debt (other than stadium debt).
  2. Change of valuation from the 2016–17 NBA season to the 2020–21 NBA season.
  3. Earnings (in USD) before interest, taxes, depreciation and amortization.

See also

References

  1. "The Most Valuable NBA Teams 2024". Forbes. Retrieved 20 January 2024.
  2. "How the $7 billion Warriors built the most valuable franchise in the NBA". San Francisco Chronicle. 27 October 2022. Retrieved 3 November 2022.
  3. "Warriors land at No. 1 on Forbes NBA team valuations list for first time". Yahoo!. 28 October 2022. Retrieved 3 November 2022.
  4. "The NBA's Most Valuable Teams (2022–23)". Forbes. Retrieved 3 November 2022.
  5. Deb, Sopan (23 November 2021). "Are the Knicks and Lakers Really Worth $5 Billion?". The New York Times. Retrieved 30 March 2022.
  6. "Where Do Mavs Rank Among Forbes' Most Valuable NBA Franchises?". Sports Illustrated. 19 October 2021. Retrieved 30 March 2022.
  7. "Forbes: NBA teams worth $2.12 billion on average". National Basketball Association. Retrieved 30 March 2022.
  8. "Forbes: NBA teams worth $1.9 billion on average". National Basketball Association. Retrieved 30 March 2022.
  9. "Red hot and blue: Sizzling Grizzlies and Morant net national attention, economic fortunes". American City Business Journals. Retrieved 30 March 2022.
  10. "The Most Valuable NBA Teams 2024". www.forbes.com. Retrieved 2025-01-20.
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