Forbes compiles the finances of all 30 NBA teams to produce an annual ranking of the best franchises in terms of valuation. The valuations are composed of the monetary worth of the sport, market, stadium deals, and brand.[1] These areas are supported by applying financial metrics such as debt and operating income to each one.[2]
The latest ranking reported that the Golden State Warriors is the most valuable NBA franchise after the 2021–22 NBA season.[3] The fastest growing NBA franchise is also the Toronto Raptors, with a 100% increase in valuation since the 2017–18 NBA season ($3.5 to $7 billion).[1] The Warriors became the third NBA team to hold the title as the most valuable franchise since the launch of the ranking in the 1991–92 NBA season, with the other two being the Los Angeles Lakers and the New York Knicks.[4] [5] [2]
Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as The New York Times and Sports Illustrated.[6] [7] The NBA has consistently recognized the renditions of the ranking.[8] [9] The report has also applied more context to NBA trends, such as the financial impact of Ja Morant leveraging the Memphis Grizzlies into playoff relevancy.[10] Financial trends in terms of 1-year increases have been more favorable for Memphis, most notably revenue after acquiring Ja Morant.[11]
Rankings as of October 27, 2022 (2021–22 NBA season)[2]
Rank | Swing | Team | Territory | Value | Change | Debt | Revenue | Operating Income | |
---|---|---|---|---|---|---|---|---|---|
1 | 2 | Golden State Warriors | $7.7 billion | 91.2% | 13% | $800 million | $250 million | ||
2 | 1 | New York Knicks | $6.6 billion | 630.6% | 62% | $278 million | $92 million | ||
3 | 1 | Los Angeles Lakers | $6.4 billion | 59% | 1% | $465 million | $115 million | ||
4 | Boston Celtics | $4.7 billion | 42.9% | 5% | $361 million | $326.5 million | |||
5 | 3 | Los Angeles Clippers | $4.65 billion | 77.3% | 2% | $362 million | $12 million | ||
6 | Chicago Bulls | $4.6 billion | 41.4% | 4% | $352 million | $135 million | |||
7 | Dallas Mavericks | $4.5 billion | 46.7% | 3% | $364 million | $143 million | |||
8 | 2 | Houston Rockets | $4.4 billion | 39.1% | 6% | $350 million | $113 million | ||
9 | 6 | Philadelphia 76ers | 4.3 billion | 90.9% | 4% | $345 million | $87 million | ||
10 | 2 | Toronto Raptors | $4.1 billion | 100% | 32% | $305 million | $75 million | ||
11 | 4 | Phoenix Suns | $4 billion | 80% | 9% | $302 million | $87 million | ||
12 | 2 | Miami Heat | $3.9 billion | 71.4% | 14% | $326 million | $83 million | ||
13 | 1 | Brooklyn Nets | $3.85 billion | 48.9% | 8% | $405 million | –$34 million | ||
14 | 2 | Washington Wizards | $3.5 billion | 61.3% | 7% | $291 million | $90 million | ||
22 | 1 | $3.38 billion | 40.4% | 15% | $273 million | $67 million | |||
15 | 7 | $2.3 billion | 70.4% | 14% | $352 million | $51 million | |||
16 | 2 | $2.1 billion | 31.3% | 9% | $291 million | $81 million | |||
17 | 8 | $2.05 billion | 60.8% | 11% | $325 million | $74 million | |||
18 | 3 | $2.03 billion | 28.9% | 28% | $279 million | $29 million | |||
19 | $2.025 billion | 42.1% | 15% | $308 million | $58 million | ||||
20 | 7 | $2 billion | 23.1% | 9% | $306 million | $99 million | |||
21 | 3 | $1.975 billion | 51.9% | 13% | $282 million | $84 million | |||
24 | 6 | $1.875 billion | 27.1% | 10% | $274 million | $129 million | |||
25 | 2 | $1.85 billion | 39.65 | 11% | $272 million | $98 million | |||
26 | 6 | $1.8 billion | 28.6% | 14% | $264 million | $65 million | |||
27 | 1 | $1.7 billion | 39.4% | 12% | $269 million | $94 million | |||
28 | 1 | $1.67 billion | 32.5% | 14% | $271 million | $87 million | |||
29 | 1 | $1.65 billion | 37.5% | 22% | $272 million | $107 million | |||
30 | 1 | $1.6 billion | 31.1% | 14% | $268 million | $94 million |
Team | Value | Sport | Market | Stadium | Brand | |
---|---|---|---|---|---|---|
$7.7 billion | $1.346 billion | $3.060 billion | $2.293 billion | $0.911 billion | ||
$6.1 billion | $1.354 billion | $2.821 billion | $1.062 billion | $0.863 billion | ||
$5.9 billion | $1.373 billion | $2.872 billion | $0.758 billion | $0.897 billion | ||
$4.1 billion | $1.444 billion | $1.437 billion | $0.765 billion | $0.454 billion | ||
$4 billion | $1.353 billion | $1.475 billion | $0.665 billion | $0.506 billion | ||
$3.9 billion | $1.715 billion | $1.318 billion | $0.425 billion | $0.443 billion | ||
$3.5 billion | $1.286 billion | $1.161 billion | $0.673 billion | $0.381 billion | ||
$3.3 billion | $1.082 billion | $1.273 billion | $0.517 billion | $0.428 billion | ||
$3.2 billion | $1.153 billion | $1.105 billion | $0.615 billion | $0.328 billion | ||
$3.15 billion | $1.234 billion | $1.029 billion | $0.497 billion | $0.390 billion | ||
$3.1 billion | $1.561 billion | $0.722 billion | $0.497 billion | $0.321 billion | ||
$3 billion | $1.199 billion | $1.020 billion | $0.457 billion | $0.324 billion | ||
$2.7 billion | $1.335 billion | $0.711 billion | $0.399 billion | $0.255 billion | ||
$2.5 billion | $1.339 billion | $0.644 billion | $0.300 billion | $0.217 billion | ||
$2.3 billion | $0.970 billion | $0.680 billion | $0.414 billion | $0.237 billion | ||
$2.1 billion | $1.140 billion | $0.509 billion | $0.268 billion | $0.182 billion | ||
$2.05 billion | $0.828 billion | $0.652 billion | $0.359 billion | $0.211 billion | ||
$2.03 billion | $0.964 billion | $0.535 billion | $0.324 billion | $0.206 billion | ||
$2.025 billion | $1.070 billion | $0.496 billion | $0.302 billion | $0.157 billion | ||
$2 billion | $0.996 billion | $0.527 billion | $0.339 billion | $0.138 billion | ||
$1.975 billion | $1.120 billion | $0.448 billion | $0.237 billion | $0.170 billion | ||
$1.93 billion | $1.156 billion | $0.390 billion | $0.244 billion | $0.140 billion | ||
$1.9 billion | $1.113 billion | $0.473 billion | $0.174 billion | $0.140 billion | ||
$1.875 billion | $1.111 billion | $0.408 billion | $0.215 billion | $0.142 billion | ||
$1.85 billion | $1.110 billion | $0.402 billion | $0.203 billion | $0.135 billion | ||
$1.8 billion | $1.219 billion | $0.296 billion | $0.182 billion | $0.103 billion | ||
$1.7 billion | $1.116 billion | $0.319 billion | $0.162 billion | $0.102 billion | ||
$1.67 billion | $1.042 billion | $0.351 billion | $0.157 billion | $0.119 billion | ||
$1.65 billion | $1.028 billion | $0.357 billion | $0.155 billion | $0.110 billion | ||
$1.6 billion | $1.055 billion | $0.259 billion | $0.190 billion | $0.095 billion |
2021–22 | 2012–13 | |||||||||||
7,700 | 7,000 | 5,600 | 4,700 | 4,300 | 3,500 | 3,100 | 2,600 | 1,900 | 1,300 | 750 | ||
6,600 | 6,100 | 5,800 | 5,000 | 4,600 | 4,000 | 3,600 | 3,300 | 3,000 | 2,500 | 1,400 | ||
6,400 | 5,900 | 5,500 | 4,600 | 4,400 | 3,700 | 3,300 | 3,000 | 2,700 | 2,600 | 1,400 | ||
4,700 | 4,000 | 3,550 | 3,200 | 3,100 | 2,800 | 2,500 | 2,200 | 2,100 | 1,700 | 875 | ||
4,650 | 3,900 | 3,300 | 2,800 | 2,600 | 2,200 | 2,200 | 2,000 | 2,000 | 1,600 | 575 | ||
4,600 | 4,100 | 3,650 | 3,300 | 3,200 | 2,900 | 2,600 | 2,500 | 2,300 | 2,000 | 1,000 | ||
4,500 | 3,300 | 2,700 | 2,500 | 2,400 | 2,300 | 1,900 | 1,500 | 1,400 | 1,200 | 765 | ||
4,400 | 3,200 | 2,750 | 2,500 | 2,500 | 2,300 | 2,200 | 1,700 | 1,500 | 1,300 | 775 | ||
4,300 | 3,150 | 2,450 | 2,100 | 2,000 | 1,700 | 1,200 | 800 | 700 | 700 | 469 | ||
4,100 | 3,100 | 2,475 | 2,200 | 2,100 | 1,700 | 1,400 | 1,100 | 980 | 920 | 520 | ||
4,000 | 2,700 | 1,800 | 1,700 | 1,600 | 1,500 | 1,300 | 1,100 | 1,000 | 910 | 565 | ||
3,900 | 3,000 | 2,300 | 2,000 | 2,000 | 1,800 | 1,700 | 1,400 | 1,300 | 1,200 | 770 | ||
3,850 | 3,500 | 3,200 | 2,700 | 2,500 | 2,400 | 2,300 | 1,800 | 1,700 | 1,500 | 780 | ||
3,500 | 2,500 | 1,925 | 1,800 | 1,800 | 1,600 | 1,400 | 1,000 | 960 | 900 | 485 | ||
3,380 | 1,930 | 1,725 | 1,700 | 1,600 | 1,400 | 1,100 | 890 | 855 | 855 | 495 | ||
3,350 | 2,050 | 1,650 | 1,600 | 1,500 | 1,300 | 1,300 | 1,200 | 1,100 | 915 | 515 | ||
3,330 | 2,030 | 2,000 | 1,800 | 1,800 | 1,600 | 1,400 | 1,100 | 925 | 800 | 550 | ||
3,330 | 1,975 | 1,680 | 1,500 | 1,500 | 1,300 | 1,200 | 885 | 825 | 825 | 425 | ||
3,250 | 2,000 | 1,980 | 1,900 | 1,800 | 1,600 | 1,600 | 1,200 | 1,200 | 1,000 | 660 | ||
3,200 | 2,300 | 1,900 | 1,600 | 1,600 | 1,400 | 1,100 | 785 | 675 | 600 | 405 | ||
3,090 | 2,025 | 1,750 | 1,700 | 1,600 | 1,400 | 1,200 | 910 | 875 | 850 | 525 | ||
3,080 | 2,100 | 2,050 | 1,900 | 1,900 | 1,600 | 1,300 | 1,100 | 975 | 940 | 587 | ||
3,080 | 1,900 | 1,580 | 1,500 | 1,500 | 1,300 | 1,100 | 900 | 850 | 810 | 450 | ||
3,050 | 1,875 | 1,630 | 1,600 | 1,600 | 1,500 | 1,300 | 1,000 | 950 | 930 | 590 | ||
3,000 | 1,700 | 1,575 | 1,500 | 1,500 | 1,300 | 1,100 | 780 | 750 | 725 | 410 | ||
2,950 | 1,850 | 1,640 | 1,500 | 1,400 | 1,300 | 1,200 | 920 | 900 | 875 | 560 | ||
2,900 | 1,800 | 1,670 | 1,600 | 1,500 | 1,400 | 1,200 | 880 | 840 | 830 | 475 | ||
2,550 | 1,600 | 1,525 | 1,400 | 1,400 | 1,200 | 1,000 | 750 | 650 | 650 | 420 | ||
2,500 | 1,670 | 1,550 | 1,400 | 1,400 | 1,300 | 1,100 | 770 | 720 | 625 | 430 | ||
2,400 | 1,650 | 1,500 | 1,300 | 1,300 | 1,200 | 1,000 | 790 | 780 | 750 | 453 |