Top 10 most valuable NBA teams in 2024
Here are the 10 most valuable NBA franchises in the league right now, featuring the Lakers, Warriors, Knicks, Celtics and more.
Follow Us
Certain teams have seen their revenues climb in the recent years
The NBA is one of the most popular leagues in the US and house to some of the premier superstars in the world. With its ever-growing acclaim among fans and enthusiasts of the sport, the value of the NBA, along with its teams, keeps climbing every day.
Since the inception of the league, the sport of basketball has made huge strides and has become one of the most popular sports in the world. Over the years, many NBA teams have written and rewritten history with their on-court glory.
Dynasties have been formed and broken. Stars of the sport have taken the league to new heights. Superteams have been aligned and dissembled. But never has the league reached numbers like the ones it currently has in terms of financial standings. Today we take a look at the 10 most valuable teams in the NBA.
10. Toronto Raptors – $4.66 billion
The Toronto Raptors are one of the ten most valuable franchises in the league. With an estimated value of about $4.66 billion, the Toronto-based team has seen some really exceptional success, both in terms of sporting and financial aspects.
When the Raptors beat Stephen Curry‘s Dubs dynasty in the 2019 NBA Finals, it was an upset that no one saw coming. It was their first and only Championship glory in franchise history. Unbeknownst to many, the Raptors are one of the only few teams who have never lost an NBA Finals series.
Larry Tanenbaum, Rogers Communications and Bell Canada Enterprises are the current principal owners of the Raptors. Tanenbaum’s Maple Leaf Sports and Entertainment are the controlling entity behind the franchise.
9. Houston Rockets – $4.77 billion
The Houston Rockets are the next franchise on the list. Tilman Fertitta purchased the Rockets in 2017 for a reported $2.2 billion, making it one of the largest sales prices for a sports franchise at the time.
Fertitta’s ownership has seen the Rockets navigate through both successes and challenges, with a focus on building a competitive team while also ensuring the franchise’s financial stability. The team now has an estimated net value of about $4.77 billion per Spotico.
8. Miami Heat – $5 billion
It is safe to say that ever since Shaquille O’Neal made his groundbreaking move from the Lakers to the Miami Heat, the stocks of the Miami-based team have been on the climb. Shaq went on to win his last ring with the franchise, and later, LeBron James’ epic tenure with the team propelled them to back-to-back titles.
Now, with an estimated net value of about $5 billion, the Heat is one of the most valuable teams in the NBA. Their sporting project looks pretty well on track as Jimmy Butler and Co. will be looking to take home the trophy this year.
7. Chicago Bulls – $5.56 billion
Although the Chicago Bulls have failed to replicate the success they experienced during Michael Jordan’s era, their financial stocks have risen over the years. The franchise has an estimated net value of $5.56 billion, which makes the Bulls one of the five most valuable NBA teams in the league.
While Jordan’s sixth ring was the last time the Bulls had sealed the title, Jerry Reinsdorf’s team now looks focused on a winning project. Remains to be seen if they can add one more Larry O’Brien trophy to their cabinet this season.
6. Boston Celtics – $5.66 billion
The Boston Celtics are the most successful NBA franchise in league history. With 18 NBA titles beside their name, the Celtics have proved time and again why they are one of the league’s elites.
The team currently has an estimated net value of about $5.66 billion, as one of the most valuable franchises in the league. In fact, they have also extended the most expensive NBA contract in league history to their superstar Jayson Tatum.
5. Los Angeles Clippers – $5.68 billion
The LA Clippers are looking like formidable contenders in the West this season. Steve Balmer’s team has managed to gather a star-studded lineup with names like James Harden and Kawhi Leonard running the floor.
They currently have a value of $5.68 in 2024, which makes them the sixth richest franchise in the league. With their top-notch performances, a possible title campaign might be in the cards this season for the Los Angeles Based team this season.
4. Brooklyn Nets – $5.7 billion
Recently, the Brooklyn Nets achieved a net worth of $5.7 billion, making them the fourth most valuable NBA franchise. This year, they made a huge leap in revenue after not even being in the top 10 last year.
Looking like decent contenders in the NBA’s Eastern Conference, the Nets may not have seen great success as of late, but the team front office is building for the long term. Owned by Joseph Tsai, the team is managed by General Manager Sean Marks.
3. Los Angeles Lakers – $8.07 billion
Of course, the Los Angeles Lakers are one of the most popular and most valuable franchises in the NBA. They are sitting just behind the Boston Celtics for the most NBA Championship titles in league history.
Currently, the Lakers are worth an estimated $8.07 billion which makes them the third most valuable NBA team right now. The purple and gold is being led by LeBron James who does not seem to be slowing down even at 39.
It is also home to superstars like Anthony Davis and Austin Reaves who are delivering day in and day out for the fans of the LA-based franchise. It is worth noting, that Jeanie Buss‘ team made about $558 million in yearly revenues in the 2023 season which were much higher than the $498 million they made in 2021-22.
2. New York Knicks – $8.3 billion
The NY-based franchise has seen some really amazing climb to their net value over the course of the last few years. Their yearly revenues went from $471 million to $536 million in the 2022-23 season and could possibly climb more in the coming seasons.
In 1994, Charles Dolan‘s Cablevision gained 50% ownership of Madison Square Garden, bringing franchises like the New York Knicks (NBA), New York Liberty (WNBA), New York Rangers (NHL), and Hartford Wolf Pack (AHL) under the Dolan family’s ownership.
Currently, James Dolan is the principal owner of the New York Knicks. With an estimated net value of about $8.3 billion, the Knicks are the second most valuable franchise in the NBA.
1. Golden State Warriors – $9.14 billion
Since Stephen Curry’s draft in the NBA, the Golden State Warriors have seen an incredible rise in terms of fame and fortune. The legendary sharpshooter has been the ultimate cornerstone of the Dubs dynasty.
While the Warriors were valued in millions back in 2011 when Curry was drafted in the NBA, today the franchise is the most valuable team in the league. The Golden State Warriors have an estimated net value of $9.14 billion now.
Under the tutelage of Joe Lacob, who originally acquired the franchise alongside Peter Guber for $450 million from previous owner Chris Cohan, the Dubs have already won four NBA Championships and could be eyeing another one this season.
FAQs
The Golden State Warriors are the most valuable NBA franchise in the league.
The Los Angeles Lakers have won a total of 17 NBA Championships in league history.
The Boston Celtics won 18 NBA Championships in league history.
Stay Updated!
Anjum Ash.
(521 Articles Published)