Lakers News: Where does LA rank on the latest Forbes list of the League’s most valuable franchises? – All Lakers
The Lakers still rank among the richest teams in the league, but for the first time in two decades, the Knicks or Lakers aren’t the most valuable franchise. Instead, the Warriors top the list with a value of $7 billion, 25% more than last season.
During their championship, the Warriors generated the most revenue ($765 million after paying their revenue-sharing check) and the most operating revenue ($206 million) in NBA history. winning their fourth title in eight years and playing their first full season with fans at the new Chase Center (via Forbes).
With the Warriors at the top of the list, the Knicks, who have been the NBA’s most-valued franchise seven times under Forbes, take second place with a value of $6.1 billion. The Lakers come in third with $5.9 billion, with the Bulls ($4.1 billion) and Celtics ($4 billion) rounding out the top 5.
Pre-covid growth revenue should return for the NBA as sponsorship and advertising revenue remains at an all-time high. The league average for NBA teams is now $2.86 billion, up 15% from last season.
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For the Lakers to generate more revenue, they need to start winning more games. Fortunately, the Lakers have the advantage of the Los Angeles faithful on their side with their new arena to attract more fans.
Until then, hopefully the Lakers can remain a hot spot for free agents to come play or for a big trade to help propel the Lakers forward.