Forbes Lists Lakers As 2nd-Most Valuable NBA Franchise In 2019

Dan Duangdao
2 Min Read
Richard Mackson-USA TODAY Sports

The Los Angeles Lakers ($3.7 billion) are the second-most valuable NBA franchise during the 2018-19 NBA season, according to Kurt Badenhausen and Mike Ozanian of Forbes.

At $3.7 billion, the team’s value increased by 12 percent over the past year, but the New York Knicks ($4 billion) remain the most valuable NBA franchise.

When breaking down the Lakers and Knicks’ values which includes revenue shared among all teams ($587 million vs. $611 million), city and market size ($1.866 billion vs. $1.831 billion), and brand ($674 million vs. $563 million), the major difference between the two teams is arena ($573 million vs. $995 million) due to Madison Square Garden’s recent $1 billion renovation.

As the Lakers and Knicks have not made the playoffs the last five seasons, the Golden State Warriors ($3.5 billion) have increased their value by 367 percent during this time. Meanwhile, L.A. appears headed for a sixth consecutive season without reaching the playoffs.

By moving to the Chase Center for the 2019-20 season, the Warriors are expected to challenge the Knicks in revenue ($401 million vs. $443 million).

While all 30 teams are worth at least $1 billion now, the Cleveland Cavaliers are the only one that declined in value over the past year.

Since LeBron James signed a four-year, $154 million deal with the Lakers in free agency, the Cavaliers’ value decreased by four percent.

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Dan Duangdao was the managing editor at Lakers Nation (2013-16, 2018-20). He is currently the founder at LA Sports Media, Lake Show, Raiders Nation, Rams Nation, Kings Nation, Galaxy Nation, and MMA Rumors. Born and raised in Southern California and a lifelong Los Angeles sports and mixed martial arts fan, his first NBA game was Kobe Bryant and the Lakers against the Golden State Warriors with Michael Jordan in attendance during the 1998-99 NBA season. He was previously a contributor at HOOPSWORLD (now Basketball Insiders) and an NBA editor at ClutchPoints. Follow him on Facebook, Twitter, and Instagram: @DanDuangdao.
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