Forbes has released the NBA franchise valuations for 2020 with a league-wide increase of 14 percent from 2019 to an average of $2.12 billion. NFL valuations have increased 11 percent and Major League Baseball has increased eight percent.
The NBA generated a combined $8.8 billion in revenue last season, which was up 10 percent over the previous season. Gate receipts are projected to increase eight percent overall in 19-20 as the Golden State Warriors opened a new arena while renovations were completed in Boston, Cleveland, Philadelphia and Washington.
The New York Knicks are the NBA’s most valuable team for the fifth straight season and have increased by 15 percent to $4.6 billion, followed by the Los Angeles Lakers at $4.4 billion and the Golden State Warriors at $4.3 billion.
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