Lakers Ranked Forbes’ 31st Most Valuable Professional Sports Franchise

lakers-logoIn the annual list of most valuable professional sports franchises, the Los Angeles Lakers ranked 31st in the world in the 2013 edition. According to Forbes, the Lakers are worth approximately $1 billion, which would make them the 31st most valuable team in the world and the second most valuable NBA franchise (New York Knicks).

—–Check out the Lakers Nation store to get your LN gear and show off your Lakers pride!——

Here’s what Forbes had to say for the Lakers in their latest financial power rankings;

The Lakers are in a transition phase with the February death of team patriarch Jerry Buss. He bought the Lakers in 1979 for $20 million and led the team to 16 NBA Finals appearances. The Lakers’ revenue surged this past season in the first year of their new television deal with Time Warner Cable, which could be worth $5 billion over 25 years.

The top of the list is predominately filled with NFL and professional soccer teams, but even seeing the L.A. Dodgers valued higher than the Lakers was a little surprising. Still, the uncertainty following the death of Dr. Buss does leave things up in the air a little bit. Combine that with the departure of Dwight Howard, who was supposed to be the next great, marketable star in Los Angeles, The loss of that star will certainly decrease their potential value, so until they’re able to get a new All-Star-type player to carry the team into the future, the Lakers might have trouble soaring in value.

—————————————————————————————————————–

Did you see our videos of our exclusive interview with Kobe? If not, check out our video below and don’t forget to click here to subscribe to our YouTube Channel!

You May Also Like

Lakers News: Dwight Howard Parts Ways With Manager Kevin Samples

After nine long years, Dwight Howard and his manager and cousin, Kevin…

Lakers Great Kobe Bryant Calls Shaquille O’Neal ‘Most Dominant Player I’ve Ever Seen’

Fridy was a monumental day for the Los Angeles Lakers franchise and the city of Los Angeles, as Staples Center unveiled…

Lakers News: Ivica Zubac Reveled In Blocking Julius Randle’s Shot As Payback For ‘Bullying’ Since Rookie Season

Playing without JaVale McGee for a third consecutive game, Los Angeles Lakers head coach Luke Walton turned to Ivica Zubac to help combat the New Orleans Pelicans’ twin…

D’Angelo Russell Thinks Lakers ‘Learned A Lot’ In Summer League

After an up and down rookie season with the Los Angeles Lakers, D’Angelo Russell had a lot to prove when finally able to get back on the court during the NBA Summer League in Las Vegas…