According to Forbes, the New York Knicks are still the most valuable NBA franchise for the sixth consecutive season.
The Knicks are valued at $5 billion, even though they’ve been terrible for the last six years.
Golden State has moved past the Los Angeles Lakers with a $4.7 billion valuation.
Accoring to RealGM, it’s the first time since 2000 since the Knicks and Lakers were not the most two valuable teams in the league.
They also noted that the average value of teams increased by 4% from last year to $2.2 billion, which was the smallest increase since 2010.
The full list can be found here: Forbes 2021 NBA Team Values
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