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Lakers Nation > Blog > Lakers News > Los Angeles Lakers Top Forbes List Of Most Valuable NBA Franchises
Lakers News

Los Angeles Lakers Top Forbes List Of Most Valuable NBA Franchises

Corey Hansford
Published: 01/21/2015
2 Min Read
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Utah Jazz v Los Angeles Lakers

Last season, the Los Angeles Lakers were one of only two NBA teams worth $1 billion trailing only the New York Knicks according to the Forbes list. Things changed mightily in a year as there are now 11 teams worth that amount.

Something else that changed is the team at the top as the Los Angeles Lakers are the NBA’s most valuable franchise, worth $2.6 billion, according to Forbes:

The Los Angeles Lakers lead the way at $2.6 billion, up 93% over last year. The Lakers finished with their second worst record in franchise history at 27-55 last season and are faring even worse this year, but the team has the richest local TV deal in the sport: a 20-year, $4 billion contract with Time Warner that kicked off in 2012.

The fact that the Lakers’ value could rise so much after one of their worst seasons ever says a lot about how the economy has changed. The NBA signing a new $24 billion TV contract undoubtedly has a lot to do with the rise in worth for these teams.

The Lakers, with their massive local TV deal with Time Warner, will always be one of the league’s highest revenue teams. The team made a league leading $293 million last season despite Kobe Bryant only playing six games.

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Obviously the team on the court isn’t matching the value of the team as a whole, but it is impressive to know that the Lakers are such a valuable franchise despite the on-court product.

The New York Knicks rank second in value at $2.5 billion while the Chicago Bulls ($2 billion), Boston Celtics ($1.7 billion), and Los Angeles Clippers ($1.6 billion) round out the top-five.

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ByCorey Hansford
Corey Hansford is the Senior Editor for Lakers Nation, as well as a contributor for Dodger Blue, Rams News Wire, and Raiders News Wire. He is a passionate follower of the Los Angeles Lakers, Dallas Cowboys, Los Angeles Dodgers, Chelsea FC, and the UFC. He can usually be seen arguing the merits of Kobe Bryant or cursing the decisions of Jerry Jones. He is also a former producer and associate producer for Sirius XM Sports Radio on both the Fantasy Sports Channel and College Sports Nation. Proud graduate of Long Beach Poly High School and The Real HU, Howard University, with a degree in Broadcast Journalism. Follow him on all social media outlets at @TheeCoreyH.
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