The typical NBA crew is value $5.51 billion, in keeping with knowledge compiled by Sportico. The Golden State Warriors rank first at $11.33 billion, whereas the Memphis Grizzlies rank final at $4 billion. Beneath are the values of the league’s 30 franchises, that are collectively value $165 billion.
To derive the market worth of the 30 NBA franchises, Sportico calculated every crew’s income counting on publicly accessible info and monetary information, in addition to interviews with these educated of crew funds, together with sports activities bankers and attorneys who actively work on NBA transactions. Within the curiosity of accuracy, we traded candor for anonymity. This info was vetted by a number of homeowners, together with crew or guardian firm CEOs, presidents, chief monetary officers, media relations personnel, business specialists and traders. Beneath are definitions of some main metrics:
Complete Worth: The sum of the market worth of an NBA franchise mixed with the worth of team-related companies and actual property holdings.
Group Worth: NBA franchise valuation, derived from metrics by which basketball-team transactions happen, together with aggregating native and nationwide revenues and factoring in a team-specific multiplier. This represents the market worth of the crew itself, excluding associated companies held by its homeowners.
Group-Associated Companies and Actual Property Holdings: The worth of a franchise or franchise proprietor’s fairness in team-related companies—that’s, each these on the crew’s steadiness sheet and held in distinct company entities—in addition to government-assessed actual property associated to venue, follow services and adjoining developments. Examples embody: the Boston Celtics’ 20% curiosity in NBC Sports activities Boston, a regional sports activities community; and the Dallas Mavericks’ 4 subsidiaries, which personal 11 parcels of land close to the place the Mavericks play. Additionally included are WNBA franchises for the six groups that share widespread possession with an NBA membership, in addition to the three enlargement groups awarded in 2025 that may begin play between 2028 and 2030. For franchises that don’t personal their arenas, the worth of a crew’s lease—typically with advantageous phrases negotiated with municipal or state authorities—is captured within the Group Worth class.