NBA Team Color Codes. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. No. The league was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA). Forbes listed the Suns as having $246 million in revenue and an operating income of $42 million. Are you interested in testing our corporate solutions? Ted Leonsis, chairman of the league’s media committee, said at the time: ”There’s never been a better time to be an owner of an NBA franchise – or, frankly, any professional sports team.”. Prices have jumped from $5 million to $2.2 billion in the span of almost 40 years. Statista. Then you can access your favorite statistics via the star in the header. $39 per month* In, Forbes. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. The Knicks, Warriors and Lakers were also the NBA… (billed annually). In 2018, the NBA generated $8 billion in revenue, with each team awarded $255 million revenue from the league. Forbes has released its rankings of the NBA's most valuable teams of 2020. In 2018, the NBA generated $8 billion in revenue, with each team awarded $255 million revenue from the league. (February 27, 2020). Take a look at the NBA's most valuable teams for 2019, as ranked by Forbes. In 2014, Michael Jordan became the first billionaire player in NBA history. Forbes. Here is the current value of the NBA teams: #28 Minnesota Timberwolves – $1.375 billion, #20 Oklahoma City Thunder – $1.575 billion, #13 Portland Trail Blazers – $1.85 billion. In 2019, The NBA’s 30 teams generated a record $8.8 billion in revenue, up 10 percent over the previous year. facts. Please do not hesitate to contact me. Mark Parker, Nike president and CEO, stated: ”We’re excited to bring the full power of our global reach, innovation, and creativity to partner with the NBA and grow the game in a way only Nike can.”.

In July 2015, the NBA signed an 8-year, $1 billion deal with Nike, which is about a 245% annual increase from the previous deal with Adidas. The figure rose 14% from 2019, the highest rate among the major four American sports leagues. dollars)." The New York Knicks. In 2019, The NBA’s 30 teams generated a record $8.8 billion in revenue, up 10 percent over the previous year. Show full articles without "Continue Reading" button for {0} hours. The least valuable team in the NBA? This feature is limited to our corporate solutions. The New York Knicks are also the most valuable franchise out of the 30 teams of the National Basketball Association (NBA). 6 Brooklyn Nets | Current value: $2.35 billion, No. National Basketball Association franchise value by team in 2020 (in million U.S. dollars) [Graph]. © Copyright 2020 FAMOUS PEOPLE TODAY.

Forbes’ senior editor Kurt Badenhausen said in 2018: ”Investor interest in the NBA is enormous right now, thanks to the league’s strong current economic environment.”. In early 2020, the 30 teams making up the National Basketball Association have an average valuation of $2.12 billion each. The National Basketball Association also has a licensing agreement with Electronic Arts for the NBA Live series. Register in seconds and access exclusive features. 12 Philadelphia 76ers | Current value: $1.65 billion, No. The Los Angeles Lakers are No.

READ MORE: Who is Jennie Finch’s husband? NBA team values: New York Knicks, Los Angeles Lakers most valuable franchises in 2020 Forbes has released its rankings of the NBA's most valuable teams of 2020. Dollars). In 2016, the NBA made a deal with ESPN and Turner Sport (a subsidiary of AT&T’s WarnerMedia) worth $2.6 billion a year, for a total value of $24 billion over nine years. 4 Chicago Bulls | Current value: $2.9 billion, No. In 2020, the Toronto Raptors saw the largest year-over-year increase with their franchise value rising 25 percent to $2.1 billion. 30, click here. 17 on the list, the same position as in 2018 and 2019. Learn more about how Statista can support your business. 17 Phoenix Suns | Current value: $1.5 billion, No. Most Super Bowl wins by NFL team 1967-2020, Average ticket price for an NFL game by team, FIFA world ranking men's national soccer teams 2020, Athletic footwear global market share by company, Health & Fitness Clubs - Statistics & Facts, Sporting Goods Industry - Statistics & Facts, Research expert covering sports and video gaming, Profit from additional features with an Employee Account. In 1949, the BAA merged with the National Basketball League (NBL) to form the National Basketball Association. Chart. To see the complete Forbes list of 2019 NBA team values from the Knicks at No. Here's how our hometown team fared. However, the 80s saw the NBA league grow enormously and a lot of that had to do with the rivalry of Larry Bird and Magic Johnson. In 2019, Take-Two Interactive Software Inc. signed a deal with NBA for approximately $1.1 billion over 7 years. Basketball is the second most-watched sport in the United States, behind football. The New Orleans Pelicans are right above the Grizzlies on the list at $1.35 billion.

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