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spreadeagle
01-21-2015, 12:38 PM
Pretty crazy





The average NBA franchise valuation is now a record $1.1 billion.

There are now 11 NBA teams worth at least $1 billion, compared to three a year ago.

The Los Angeles Lakers lead the way at $2.6 billion, up 93% over last year.

The value of the New York Knicks shot up 79% to $2.5 billion, ranking the team second overall.

Rounding out the top five are the Chicago Bulls ($2 billion), Boston Celtics ($1.7 billion) and Los Angeles Clippers ($1.6 billion).

6. Brooklyn Nets: $1.5 billion
7. Golden State Warriors: $1.3 billion
8. Houston Rockets: $1.25 billion
9. Miami Heat: $1.175 billion
10. Dallas Mavericks: $1.15 billion
11. San Antonio Spurs: $1 billion
12. Portland Trail Blazers: $940 million
13. Oklahoma City Thunder: $930 million
14. Toronto Raptors: $920 million
15. Cleveland Cavaliers: $915 million
16. Phoenix Suns: $910 million
17. Washington Wizards: $900 million
18. Orlando Magic: $875 million
19. Denver Nuggets: $855 million
20. Utah Jazz: $850 million
21. Indiana Pacers: $830 million
22. Atlanta Hawks: $825 million
23. Detroit Pistons: $810 million
24. Sacramento Kings: $800 million
25. Memphis Grizzlies: $750 million
26. Charlotte Hornets: $725 million
27. Philadelphia 76ers: $700 million
28. New Orleans Pelicans: $650 million
29. Minnesota Timberwolves: $625 million
30. Milwaukee Bucks: $600 million

Vinylman
01-21-2015, 01:09 PM
where's the link?

spreadeagle
01-21-2015, 01:38 PM
where's the link?

booya http://www.forbes.com/sites/kurtbadenhausen/2015/01/21/average-nba-team-worth-record-1-1-billion-2/

IBleedPurple
01-21-2015, 01:42 PM
Could Donald Sterling be responsible for at least a significant % jump? If so, a little ironic.

Vinylman
01-21-2015, 02:03 PM
booya http://www.forbes.com/sites/kurtbadenhausen/2015/01/21/average-nba-team-worth-record-1-1-billion-2/

Gracias

M.I.A.
01-21-2015, 02:38 PM
"Ballmer way overbid for the Clippers, but his purchase has an emotional impact on the market," said Andrew Zimbalist, a sports economist at Smith College. The standard revenue multiple used to determine sales prices in the NBA is about 4.2, Zimbalist said, and he expects the Hawks to sell in the $700 million-$750 million range, based on an estimate of future revenue at about $180 million annually.

http://www.cnbc.com/id/102317595#.

Dtd Jan. 8, 2015

lamzoka
01-21-2015, 02:48 PM
These teams worth whatever the buyers are willing to pay. I'm pretty sure if the Lakers was on sell. They could get 4 billions for it. So do the Knicks.

No one would say Forbes said " the Lakers only worth 2.6B, so I'm not gonna bid more than that".

This is not Kelly Blue Book.

sixer04fan
01-21-2015, 03:15 PM
These teams worth whatever the buyers are willing to pay. I'm pretty sure if the Lakers was on sell. They could get 4 billions for it. So do the Knicks.

No one would say Forbes said " the Lakers only worth 2.6B, so I'm not gonna bid more than that".

This is not Kelly Blue Book.

True, but it's still a good measure. You need to be able to value your assets for company performance, selling a minority ownership stake, sponsors, and obviously for tax purposes, etc.

IndyRealist
01-21-2015, 03:21 PM
These teams worth whatever the buyers are willing to pay. I'm pretty sure if the Lakers was on sell. They could get 4 billions for it. So do the Knicks.

No one would say Forbes said " the Lakers only worth 2.6B, so I'm not gonna bid more than that".

This is not Kelly Blue Book.

What a commodity is worth and what a commodity sells for are two vastly different things. Sale price includes projected increases in revenue, external market factors, etc. Forbes never said those were the same. They list the Clippers at $1.6B but they sold for $2B.

lamzoka
01-21-2015, 03:51 PM
What a commodity is worth and what a commodity sells for are two vastly different things. Sale price includes projected increases in revenue, external market factors, etc. Forbes never said those were the same. They list the Clippers at $1.6B but they sold for $2B.


In 2014, They estimated the Clippers to worth $575 Millions before the D Sterling scandal. They sold for $2 Billions.

Why did they value the Bulls at $1 Billion last year, and $2 Billions this year? Because someone bought a franchise they valued at $575 Million for $2 Billions.

They just pulling these numbers out of their ***

If someone buys the Knicks today for 4 Billion dollars, they will value the Lakers at $4.3 Billions tomorrow.



http://www.forbes.com/pictures/mli45eheim/13-los-angeles-clippers/

Goose17
01-21-2015, 05:36 PM
Philly have a huge T.V market. I thought they would be worth more.

IndyRealist
01-21-2015, 06:40 PM
In 2014, They estimated the Clippers to worth $575 Millions before the D Sterling scandal. They sold for $2 Billions.

Why did they value the Bulls at $1 Billion last year, and $2 Billions this year? Because someone bought a franchise they valued at $575 Million for $2 Billions.

They just pulling these numbers out of their ***

If someone buys the Knicks today for 4 Billion dollars, they will value the Lakers at $4.3 Billions tomorrow.



http://www.forbes.com/pictures/mli45eheim/13-los-angeles-clippers/

Again, THEY ARE NOT TELLING YOU AN ESTIMATED SALE PRICE. They are telling you what a team is worth, i.e. assets - liabilities.

Google tried to buy Snapchat for $3B, when that company had yet to seriously monetize it's product or expand it's user base. The company itself was worth approx. $800M. But why would someone sell a company for what it's worth? They would essentially be breaking even.

Say you were going to buy bottles of water and sell them at a busy intersection in summer. Each bottle cost you 50 cents. Are you going to sell them for 50 cents a piece? No, because you'd break even and just be wasting your time. What it's worth, and what someone is going to buy it for, are two completely different things.

More-Than-Most
01-21-2015, 06:56 PM
Philly have a huge T.V market. I thought they would be worth more.

Winning/Plus superstar adds to the net value... We have neither. I be the cavs were worth 200 mill less before james got back there.

Goose17
01-21-2015, 08:03 PM
Say you were going to buy bottles of water and sell them at a busy intersection in summer. Each bottle cost you 50 cents. Are you going to sell them for 50 cents a piece? No, because you'd break even and just be wasting your time. What it's worth, and what someone is going to buy it for, are two completely different things.

where the hell are you getting bottled water for 50 cents?

IndyRealist
01-21-2015, 10:57 PM
where the hell are you getting bottled water for 50 cents?
http://www.walmart.com/ip/Nestle-Waters-Bottled-Spring-Water-0.5-Liter-24-Count/26690401 :cool:

Jeffy25
01-21-2015, 11:00 PM
If you get rid of the salary cap....

goingfor28
01-22-2015, 03:29 PM
You can thank Ballmer and DTS for that.

MILLERHIGHLIFE
01-22-2015, 03:50 PM
Bucks probably be top #14 once new arena of $450M or more is added to the $600M.