Forbes Reveals The Most Valuable NBA Teams Of 2021

Forbes Most Valuable NBA Teams 2021

Forbes has once again crunched the numbers, this time to determine rankings for the most valuable NBA teams in 2021. Much to everyone’s surprise, somehow, the New York Knicks (US$5 billion / AU$6.57 billion) have come out on top for the sixth consecutive year – despite living out an equally lengthy if not lengthier dynasty of rather lacklustre on-court performance.

With the star power of legendary Chicago Bulls player turned coach extraordinaire Steve Kerr, marketing dream Steph Curry, and the ever-dominant Draymond Green, this year, the Golden State Warriors (US$4.7 billion / AU$6.18 billion) have managed to be the first team since the 1999 Bulls to “break the chokehold” long maintained by the Knicks and reigning NBA Champions, the Los Angeles Lakers (US$4.6 billion / AU$6.05 billion); two teams which have perenially occupied the #1 and #2 spot in tandem.

RELATED: HBO To Release Drama Series About Los Angeles Lakers In The 80s



“Revenue and operating income are for the 2019-20 season and net of revenue sharing and arena debt service,” Forbes explains regarding its methodology behind the most valuable NBA teams of 2021 rankings.

“We use revenue multiples to calculate our team values (equity plus net debt) based on the economics of each team’s current arena deal. Our appraisals are what we think the team would sell for. So while Tsai paid $3.2 billion for the Nets, we think the team is worth more like $2.65 billion because he paid around $1 billion for a money-losing arena business.”

“If a team has a new arena, media deal or sponsorship agreement set to kick in after the 2019-20 season, we estimate its impact on the enterprise value. Our estimated income statements and franchise values include revenue that team owners get from non-NBA events at their arena.”

Check out the most valuable NBA teams for 2021 below.

The Most Valuable NBA Teams For 2021 (According To Forbes)

**All figures converted to USD

1. New York Knicks

Value: $5 billion
One-Year Change: 9%
Operating Income: $178 million
Owner: Madison Square Garden Sports

2. Golden State Warriors

Value: $4.7 billion
One-Year Change: 9%
Operating Income: $200 million
Owner: Joe Lacob, Peter Gruber

3. Los Angeles Lakers

Value: $4.6 billion
One-Year Change: 6%
Operating Income: $155 million
Owner: Jerry Buss Family Trusts, Philip Anschutz

4. Chicago Bulls

Value: $3.3 billion
One-Year Change: 3%
Operating Income: $115 million
Owner: Jerry Reinsdorf



5. Boston Celtics

Value: $3.2 billion
One-Year Change: 3%
Operating Income: $86 million
Owner: Wycliffe & Irving Grousebeck, Robert Epstein, Stephen Pagliuca

RELATED: Forbes Reveals The Highest-Paid NBA Players Of 2021

6. Los Angeles Clippers

Value: $2.75 billion
One-Year Change: 6%
Operating Income: $57 million
Owner: Steve Ballmer

7. Brooklyn Nets

Value: $2.65 billion
One-Year Change: 6%
Operating Income: $44 million
Owner: Joseph Tsai

8. Houston Rockets

Value: $2.5 billion
One-Year Change: 1%
Operating Income: $94 million
Owner: Tilman Fertitta

9. Dallas Mavericks

Value: $2.45 billion
One-Year Change: 2%
Operating Income: $84 million
Owner: Mark Cuban

10. Toronto Raptors

Value: $2.15 billion
One-Year Change: 2%
Operating Income: $79 million
Owner: Bell Canada, Rogers Communications, Larry Tanenbaum

11. Philadelphia 76ers

Value: $2.075 billion
One-Year Change: 4%
Operating Income: $51 million
Owner: Joshua Harris, David Blitzer



12. Miami Heat

Value: $2 billion
One-Year Change: 3%
Operating Income: $38 million
Owner: Micky Arison

13. Portland Trail Blazers

Value: $1.9 billion
One-Year Change: 3%
Operating Income: $27 million
Owner: Paul G. Allen Trust

14. San Antonio Spurs

Value: $1.85 billion
One-Year Change: 3%
Operating Income: $63 million
Owner: Holt Family

15. Sacramento Kings

Value: $1.825 billion
One-Year Change: 3%
Operating Income: $45 million
Owner: Vivek Ranadive

16. Washington Wizards

Value: $1.8 billion
One-Year Change: 3%
Operating Income: $39 million
Owner: Ted Leonsis

17. Phoenix Suns

Value: $1.7 billion
One-Year Change: 5%
Operating Income: $20 million
Owner: Robert Sarver

18. Utah Jazz

Value: $1.66 billion
One-Year Change: 7%
Operating Income: $42 million
Owner: Ryan & Ashley Smith

19. Denver Nuggets

Value: $1.65 billion
One-Year Change: 3%
Operating Income: $27 million
Owner: Stan Kroenke



20. Milwaukee Bucks

Value: $1.625 billion
One-Year Change: 3%
Operating Income: $28 million
Owner: Wes Edens, Marc Lasry, Jamie Dinan

RELATED: Forbes Reveals The Most Valuable Sports Teams Of 2020

21. Oklahoma City Thunder

Value: $1.575 billion
One-Year Change: 0%
Operating Income: $51 million
Owner: Clayton Bennett, George Kaiser, Aubrey McClendon estate

22. Cleveland Cavaliers

Value: $1.56 billion
One-Year Change: 3%
Operating Income: $46 million
Owner: Dan Gilbert

23. Indiana Pacers

Value: $1.55 billion
One-Year Change: 2%
Operating Income: $39 million
Owner: Herbert Simon, Stephen Simon

24. Atlanta Hawks

Value: $1.52 billion
One-Year Change: 0%
Operating Income: $36 million
Owner: Tony Ressler

25. Charlotte Hornets

Value: $1.5 billion
One-Year Change: 0%
Operating Income: $36 million
Owner: Michael Jordan

26. Orlando Magic

Value: $1.46 billion
One-Year Change: 2%
Operating Income: $37 million
Owner: DeVos Family



27. Detroit Pistons

Value: $1.45 billion
One-Year Change: 0%
Operating Income: $45 million
Owner: Tom Gores

28. Minnesota Timberwolves

Value: $1.4 billion
One-Year Change: 2%
Operating Income: $32 million
Owner: Glen Taylor

29. New Orleans Pelicans

Value: $1.35 billion
One-Year Change: 0%
Operating Income: $44 million
Owner: Gayle Benson

30. Memphis Grizzlies

Value: $1.3 billion
One-Year Change: 0%
Operating Income: $22 million
Owner: Robert Pera

Source: Forbes