Celtics Rank as 4th Most Valuable Franchise in NBA
Thursday, January 21, 2016
The Celtics are currently 22-20 on the season and looking to get back to the playoffs for the second straight year.
The Rankings
The most valuable team in the NBA is the New York Knicks, with a value of $3 billion and the Los Angeles Lakers rank second with a value of $2.7 billion.
The Chicago Bulls rank third with a value of $2.3 billion while the Los Angeles Clippers close out the top five with an average of $2 billion.
The New Orleans Pelicans are the NBA's least valuable franchise sitting at $650 million.
See the Full Rankings Below
The NBA Overall
Overall, the NBA as 13 franchises worth at least $1 billion, up from just three franchises worth that much two years ago.
The average NBA franchise is now worth $1.25 billion, up 13% over the last year on the heels of a 74% gain the previous year once national media deals were completed.
Last season, the NBA's 30 teams generated $5.2 billion in revenue and $900 million in operating profit.
Both numbers are records.
Related Slideshow: 7 Reasons to be Excited for the Celtics Season
Related Articles
- 10 Reasons Why We Need the Bruins and Celtics to Make the Playoffs
- Celtics 2015-16 Schedule Release, Notable Games Marked
- Boston Celtics Predicted to Win 47 Games, Finish 5th in East
- Inside the Matchup: Boston Celtics at Brooklyn Nets
- Inside the Matchup: Boston Celtics vs. Brooklyn Nets
- Inside the Matchup: Detroit Pistons vs. Boston Celtics
- Inside the Matchup: Boston Celtics vs. Chicago Bulls
- Inside The Matchup: Celtics vs. Grizzlies
- Inside the Matchup: Lakers vs. Celtics
- Inside the Matchup: Warriors vs. Celtics
- Celtics Playoff Picture: C’s Likely to Get Cavs in Round 1
- Celtics Legend Jo Jo White Elected to Basketball Hall of Fame
- 7 Reasons To Be Excited About The Celtics Season
- Boston Celtics Will Be Good in Two Years: Here’s Why
- Former Celtics Star Jo Jo White to Speak at Sullivan Middle School
- Big Games & Big Teams: A Breakdown of the Celtics’ 7 Nationally Televised Games
- Former Holy Cross Star Miller Waived by Celtics
- 7 Reasons to Look Forward to the Celtics Season
- Celtics Crowder Throws in 94-Ft. Shot Worth 0 Points
- What Will the Celtics Look Like Next Season?
- Celtics vs Cavaliers - NBA Playoff Round 1 Preview
- Boston Celtics Draft Preview: What Will the C’s Do at Tonight’s Draft?
- Celtics Take Louisville’s Rozier, 3 Other Players in NBA Draft
- Boston Celtics Get “B-” Grade for Off-Season Moves
- Inside The Matchup: Celtics vs. Knicks
Follow us on Pinterest Google + Facebook Twitter See It Read It