New Calculations: NBA Teams Net Worth
The sale of Los Angeles Clippers for $ 2 BILLION will change how pro teams’ valuations are calculated.
Prior to the proposed Clippers sale to Steve Ballmer, the New York Knicks were considered the most valuable team in the NBA at $1.4 billion, according to Forbes. Meanwhile, the Clippers were considered just the 13th most valuable team with a valuation of $575 million.
To get a sense of how much teams might be worth, here is each team’s most recent valuation as well as the value of the team if raised by the same multiple as the Clippers’ sale price, which is 3.48 times bigger. (Rooster)