Categorized |

New York Knicks rated as most valuable NBA team

Posted on 18 February 2017 by KWBG

Thomas Northcut/iStock/Thinkstock(NEW YORK) – The New York Knicks have been rated the most valuable NBA franchise by Forbes magazine.

Franchise values show the Knicks being worth $3.3 billion, followed by the Los Angeles Lakers at $3 billion. The Golden State Warriors, Boston Celtics and Chicago Bulls round out the top five.

Forbes says the Cleveland Cavaliers, LA Clippers and Oklahoma City Thunder all lost money last year due to luxury-tax payments.

Copyright © 2017, ABC Radio. All rights reserved.

Leave a Reply

You must be logged in to post a comment.




      

Boone Municipal, IA

Last Updated on Dec 15 2017, 9:55 pm CST

Current Conditions: Fair

NOAA Icon

Temp: 37°F

Wind: SW at 12mph

Humidity: 60%

Windchill: 29°F

Your 5-Day Forecast at a Glance

Advertise Here
Advertise Here