Basketball Sports

Big business: Every NBA team has a value of at least a billion dollars

2b7c69c58caa69ef335f37442bf249ca - Big business: Every NBA team has a value of at least a billion dollars

The thirty teams from the North American basketbalcompetitie (NBA) for the first time are each at least a billion dollars (820 million euro) worth. That has the American economic magazine Forbes Thursday calculated. The clubgemiddelde is 1.65 billion dollars (1.35 billion euros).

The New York Knicks with a market value of 3.6 billion dollars (to 2.94 billion euros) for the third year in a row in the first place, and nine percent ahead. The Los Angeles Lakers on two (2,69 billion euros), the Golden State Warriors (eur 2.53 billion) on three.

Philadelphia has by 48 percent, the largest increase. The Sixers are currently 960 million euros worth, and thus stands at the 21st place. New Orleans holds the eighth and final position with a billion dollars (820 million euro).

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