How are the valuations derived? Much like house valuati…

How are the valuations derived? Much like house valuations on online real estate sites, they are based on several factors, including location, who owns the arena the team plays in, and the team’s local television deals. James L. Dolan, the owner of the Knicks, also owns Madison Square Garden, whereas the Lakers lease the space at Staples Center, which will become known as Crypto.com Arena on Christmas Day. “If you have two teams, let’s say one owns the building and the other leases it, what I’m valuing is the economics,” said Mike Ozanian, a managing editor at Forbes who compiles its valuations. “In other words, what are the revenues that the team generates at the building versus its expenses?”
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August 15, 2022 | 2:10 am EDT Update

Giannis Antetokounmpo doesn't rule out playing for the Bulls in the future

Fox 32 Chicago Sports: Giannis on playing for the #Bulls someday tonight on The Sports Zone on Fox 32 Chicago. @fox32news @foxkickoff @LouCanellis @CassieCarlsonTV @Giannis_An34

“I think anyone asked that question who plays basketball, if he said no, he’d be a liar. It’s a team that won multiple championships, a team with one of the greatest players, if not the greatest player to ever play this game. It’s a no-brainer, everybody would love to play for Chicago. Down the line, you never know. You never know how life brings it. Maybe I play for Chicago,” Antetokounmpo said. “But right now, I’m committed to Milwaukee.”

Lakers to open season vs. Warriors

Clippers coach Tyronn Lue is unbeaten in seven games against the Lakers since taking over two seasons ago, while it will be Lakers coach Darvin Ham’s first meeting of arena tenants since his hiring in May. The game will be the Clippers’ season opener, while the Lakers will open two days earlier, on Oct. 18, at defending champion Golden State, according to a person with knowledge of the schedule.
On Sunday, Durant sent a tweet hinting that he’s going to delete his account on the platform amid the talks that it is ruining his legacy. However, he has since deleted the post. What’s interesting is Kevin Durant sent it out after people kept criticizing him for being the culprit in the current state of the player empowerment era in the NBA. A lot of players seem to be abusing that power to get out of situations they don’t like despite signing their contracts and teams paying them tons of money.
Clutch Points: Steph Curry, Seth Curry, Jayson Tatum, Rich Paul and company at Draymond Green’s wedding 💯 (via tatum_camps/IG) pic.twitter.com/NYHtcmFrhr