Los Angeles Lakers Rumors
Knicks, Warriors and Lakers each projected to be worth more than $5 billion
The average NBA franchise is worth nearly $2.4 billion, according to data compiled by Sportico. That is down 2% as a direct result of the pandemic, based on our modeling. Collectively, the fair-market value of the NBA’s 30 teams, including ownership’s stakes in real estate, regional sports networks and additional team-related holdings, is more than $71 billion. Three franchises—the New York Knicks, Golden State Warriors and Los Angeles Lakers—are each worth more than $5 billion. (For context, each of those teams has a greater fair-market value than any National Football League team except for the Dallas Cowboys, based on Sportico‘s assessment of football team valuations last August.)
To be sure, the cumulative revenue for the NBA’s 30 teams, $8.3 billion, was down from the previous, non-COVID-impacted season by nearly 10%. However, a closer look reveals that national revenues (accrued predominantly from the league’s broadcast and sponsorship deals, as well as its licensing program) dipped only 2%. That, in large measure, is because of the NBA’s audacious plan to salvage the season with a playoff bubble at Orlando’s Walt Disney World. In a disrupted COVID environment, such single- and low double-digit declines represent remarkable stability.
Melissa Rohlin: AD on Kobe: “I think it just sets a standard for what everyone tries to become as a parent and for men, as a man, as a father, as a husband. All of those things he was, you try to look how great he was at those things and try to do the same thing with your personal life.”
Connor Letourneau: Steph Curry on LeBron James: “It’s pretty impressive to see what he’s doing at 36.” Added that LeBron is the model for longevity in the NBA.
Ryan Ward: Kyle Kuzma on the Warriors and Steph Curry: “They’re still the Warriors in a sense. They play Warriors basketball. Any time Steph steps out there, the greatest shooter ever. “They’re still a formidable team.”
