Basketball is one of the most popular sports in the world – especially in North America. Therefore, basketball teams work with a lot of capital as players are expensive, sponsorships can be found in the most popular leagues and basketball stadiums around the world are sold out. But what are the most expensive or valuable basketball teams in the world?
Basketball is one of the most popular sports to bet on
As basketball is one of the most known and popular sports, it’s no wonder that basketball bets are under the top 5 of the most popular bets for bookmakers. Most bookmakers offer a huge variety of bets for different basketball leagues like the NBA or the Euroleague but it’s not always easy to find the right bookmaker with fair rates, a fair policy and the best variety of basketball bets. Therefore, basketball betting fans should check out here in order to find a selection of the 10 best bookmakers of the year for basketball bets.
Most expensive basketball teams
As basketball is arguably the most popular sport of North America and especially the U.S.A, many of the most expensive basketball teams can be found here. Therefore, the following paragraphs will focus closer on the most expensive basketball teams, their actual value and their future outlook.
New York Knicks
As the name suggests, the New York Knicks is a basketball team from New York City participating in the NBA. The New York Knicks are known to be the most expensive basketball team in the world as of this year. Forbes rated them with a value of 3,6 billion dollars. The current revenue of the New York Knicks is around 426 million dollars. The current income on the other hand is around 140 million dollars. In the next few years, the New York Knicks are expected to continue their success and reach a value of close to 4 billion dollars which makes the team easily the most expensive in the NBA and the world.
Los Angeles Lakers
One of the most popular basketball teams around the world is arguably the Los Angeles Lakers. Despite their huge popularity, their value is also very high. As of this year, it’s close to 3,3 billion dollars with a revenue of 371 million dollars. With an income of 137 million dollars, the Los Angeles Lakers according to Forbes is almost reaching the current income of the New York Knicks.
Golden State Warriors
With the Golden State Warriors, there is another basketball team crossing the 3 billion dollar looking on their current value. It’s expected to be 3,1 billion dollars as of this year. This makes the Golden State Warriors currently the third most expensive basketball team in the world. The Golden State Warriors note a revenue of 359 million dollars as well as an income of 120 million dollars. Reasons for the Golden State Warriors huge value are not only their participation in the NBA but also a raise of their ticket prices as well as sponsorships that pay one of the highest amounts in all the NBA.
One of the most famous teams in the world: the Chicago Bulls. A big reason for the teams value and placing under the top 5 of the most expensive basketball teams is without a doubt the teams popularity around the world. The Chicago Bulls sell the biggest amount of clothes under all basketball teams around the world. Of course, the basketball team from Chicago also participates in the NBA for many years. Therefore, the Chicago Bulls are currently valued around 2,6 billion dollars with a revenue of 281 million dollars and an income of 95 million dollars. During the next seasons, the teams income is expected to increase again as ticket prices kept being frozen during this season.
With an incredible value of 2,5 billion dollars, the Boston Celtics also place under the most expensive basketball teams in the world. The team’s current revenue is around 257 million dollars with an income of 85 million dollars. The reason for the teams huge value is amongst other things their smart sponsorship deals. General Electric is currently sponsoring the Boston Celtics. As they run together on a three-year-deal, the basketball team is expected to increase in value and reach even higher numbers during the next seasons in the NBA.
With the Brooklyn Nets, there is another basketball team from New York City placing under the most expensive basketball teams in the world. The value of the Brooklyn Nets is currently expected to be around 2,3 billion dollars with a high revenue of 273 million dollars and an income of 52 million dollars as of this year. One of the reasons for the basketball teams big success is the ownership of the Barclays Center – the teams stadium, where they generate millions of dollars from events such as concerts. Another reason exists in the current possible ownership transfer to one of the co-founders of the company Alibaba, which will eventually lead to an even higher value of the Brooklyn Nets in the future.
2,2 billion dollars is the current value of the Houston Rockets. With a high revenue of almost 300 million dollars and an income of 95 million dollars, the teams value can be expected to grow rapidly during the next seasons. As Tilman Fertitta – the owner of the restaurant franchise Landry’s – bought the basketball team recently, a big amount of capital can be expected to fund the team, buy even better players and let the Houston Rockets compete for the top ranks of the NBA.
Los Angeles Clippers
Los Angeles also has another basketball team to offer when looking on the biggest numbers of this year. The Los Angeles Clippers hit a value of 2,15 billion dollars as of this season. The basketball teams current revenue is 257 million dollars with an income of 35 million dollars. Without a doubt, the biggest reason for the teams high value can be found in the last 5 seasons of the NBA as those were the best in the history of the Los Angeles Clippers. This led to bigger and better sponsorship deals. Furthermore, the teams closed deal with Fox Sports that pays around 50 million dollars a year.
One of the basketball teams with the biggest comeback in NBA history – the Dallas Mavericks. Since the team was bought by investor and entrepreneur Mark Cuban, it grew their value over the past years and also succeeded in the NBA. Because of that, the basketball team is one of the most valuable and most expensive in the world as of this year. With a value of 1,9 billion dollars it almost hits the 2 billion dollar mark. The basketball teams current revenue is 233 million dollars with an income of 21 million dollars. The Dallas Mavericks ultimately closed a deal with Fox Sports Southwest, which pays around 50 million dollars a year and is expected to last over a long period of time. Therefore, the Dallas Mavericks can be expected to cross the 2 billion dollar mark in the near future.
Miami Heat still makes the top 10, although the teams success in the NBA is on a decline for the past couple of seasons. With a value of 1,7 billion dollars, the basketball team is one of the most expensive in the world. The teams current revenue settles around 253 million dollars with an income of 63 million dollars. Miami Heat participated in the NBA over the last couple of decades, which is one of the biggest reasons for their success and value. Another reason lies in the huge popularity of the basketball team around the world, which also led to a big number of sponsors as well as fans all over the world.