clock menu more-arrow no yes

Filed under:

Sixers 11th most valuable NBA franchise according to Forbes

New, comments
Philadelphia 76ers Unveil Charles Barkley Sculpture Photo by Mitchell Leff/Getty Images

Forbes has released their annual NBA franchise valuations for 2020, with the Sixers coming in as the 11th most valuable NBA team. That sounded low to me at first, but 9 of the 10 teams ahead of the Sixers represent larger metropolitan areas than Philadelphia (LA x 2, NYC x 2, Chicago, San Fran, Houston, Toronto, Dallas-Fort Worth) and Celtics fandom is propped up by coastal elitists who relocated to Massachusetts after going to college near Boston and Seattle hipsters who latched on to Ray Allen after the ownership group robbed the city of the Sonics.

The full list from Forbes:

1. New York Knicks: $4.6 billion (+15%)
2. Los Angeles Lakers: $4.4 billion (+19%)
3. Golden State Warriors: $4.3 billion (+23%)
4. Chicago Bulls: $3.2 billion (+10%)
5. Boston Celtics: $3.1 billion (+11%)
6. Los Angeles Clippers: $2.6 billion (+18%)
7. Brooklyn Nets: $2.5 billion (+6%)
8. Houston Rockets: $2.475 billion (+8%)
9. Dallas Mavericks: $2.4 billion (+7%)
10. Toronto Raptors: $2.1 billion (+25%)
11. Philadelphia 76ers: $2.0 billion (+21%)
12. Miami Heat: $1.95 billion (+11%)
13. Portland Trail Blazers: $1.85 billion (+16%)
14. San Antonio Spurs: $1.8 billion (+11%)
15. Sacramento Kings: $1.75 billion (+13%)
16. Washington Wizards: $1.775 billion (+13%)
17. Phoenix Suns: $1.625 billion (+8%)
18. Denver Nuggets: $1.6 billion (+16%)
19. Milwaukee Bucks: $1.58 billion (+17%)
20. Oklahoma City Thunder: $1.575 billion (+7%)
21. Utah Jazz: $1.55 billion (+9%)
22. Indiana Pacers: $1.525 billion (+9%)
23. Atlanta Hawks: $1.52 billion (+17%)
24. Cleveland Cavaliers: $1.51 (+18%)
25. Charlotte Hornets: $1.5 billion (+20%)
26. Detroit Pistons: $1.45 billion (+14%)
27. Orlando Magic: $1.43 billion (+8%)
28. Minnesota Timberwolves: $1.375 billion (+9%)
29. New Orleans Pelicans: $1.35 billion (+11%)
30. Memphis Grizzlies: $1.3 billion (+8%)

That’s a lot of money. Every single NBA franchise is worth well over a billion dollars. And how about the Sixers coming in at the 2.0 mark? Their value is up from last year by TWENTY ONE PERCENT. Only the Golden State Warriors and the Toronto Raptors saw a larger percentage rise year-to-year and the latter won the NBA Finals. 50% of the Liberty Ballers forum just got ticked off about 2nd round picks.

The NBA’s growth relative to other American professional sports leagues is pretty staggering.

NBA franchise values continue to soar, up 14% in the past year to an average of $2.12 billion. Compare that with an 11% annual increase for NFL teams and 8% in Major League Baseball, with average values of $2.86 billion and $1.78 billion, respectively. NBA values are up nearly sixfold over the past decade.

The NBA’s 30 teams generated a record $8.8 billion in revenue last season, up 10% over the previous year. It will be up again this season, with gate receipts projected to rise 8% overall. Revenue will also be helped by a new arena for Golden State and renovations to existing arenas in Boston, Cleveland, Philadelphia and Washington.

Movin’ on up.