Earlier today, Forbes put out a list of the most valuable teams in the NBA. And, the Knicks and Lakers finished at No. 1 ($1.1 billion) and No. 2 ($1 billion) on the list, becoming the first two NBA teams to be valued at more than $1 billion.
Rounding out the top five, the Bulls were valued at $800 million, the Celtics at $730 million, and the Mavericks at $685 million.
There were a few surprises on the list, too. For instance, the Thunder landed outside the top ten in the No. 12 slot at $475 million. But, things could always be worse, right?
Despite their success in recent years, the Hawks don’t appear on the list until No. 28 at $316 million. And, MJ’s Bobcats are No. 29 at $315 million, while the Milwaukee Bucks round out the list at No. 30 at $312 million.
Preston Waters | Elite.