Forbes: Lakers most valuable NBA franchise

Discussion in 'Portland Trail Blazers' started by Denny Crane, Dec 9, 2009.

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  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    http://sports.yahoo.com/nba/news?slug=ap-nbateamvalues&prov=ap&type=lgns

    Forbes: Lakers most valuable NBA franchise


    NEW YORK (AP)—The Los Angeles Lakers are the NBA’s most valuable team, and 12 others lost money in the 2008-09 season, according to Forbes magazine.

    In its annual listing of the value of NBA teams, Forbes finds the Lakers to be worth $607 million, up 4 percent for the league champions. Second are the New York Knicks at $586 million, but that is a 4 percent drop. The Knicks led the rankings for the four previous seasons.

    The Chicago Bulls ($511 million), Detroit Pistons ($479 million) and Cleveland Cavaliers ($476 million) round out the top five.

    At the bottom of the 30-team rankings are the Milwaukee Bucks at $254 million. The league average worth is $367 million, down 4 percent, according to Forbes.

    The teams losing money in the last 12 months are the Dallas Mavericks, Portland Trail Blazers, Orlando Magic, Atlanta Hawks, Sacramento Kings, Indiana Pacers, Charlotte Bobcats, New Jersey Nets, Minnesota Timberwolves, New Orleans Hornets, Memphis Grizzlies and Milwaukee Bucks.

    Teams’ average operating income was $7.8 million, with the Lakers at the top with $51.1 million, just ahead of the Bulls at $51 million. Portland’s value has increased the most, by 10 percent, while the Kings and Grizzlies each have dropped the most, by 13 percent.

    On the Net:

    http://www.forbes.com/nba
     
    Denny Crane, Dec 9, 2009
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  2. Fez Hammersticks

    Fez Hammersticks スーパーバッド Zero Cool

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    Fez Hammersticks, Dec 9, 2009
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  3. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    The Blazers lost money despite having the highest increase in net operating income. Not a good sign for the league.

     
    Shapecity, Dec 9, 2009
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  4. Fez Hammersticks

    Fez Hammersticks スーパーバッド Zero Cool

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    It also shows just how bad the Knicks are.

    They should be by far he most valuable franchise in the NBA.
     
    Fez Hammersticks, Dec 9, 2009
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  5. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    I really think this is why RLEC was absorbed; Paul Allen needed a fat expiring contract off his books just as much as some other owners did.
     
    BlazerCaravan, Dec 9, 2009
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  6. julius

    julius Living on the air in Cincinnati... Staff Member Global Moderator

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    Funny how Darius hasn't gotten another contract offer yet.

    It's not like Memphis is dripping with wins and would have no place for him or nothing.

    Oooh wait, his contract already counts against the team.
     
    julius, Dec 9, 2009
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  7. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Well, the Lakers franchise owns the referees...but is that currently a positive or negative asset, financially?
     
    Minstrel, Dec 9, 2009
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  8. TradeNurkicNow

    TradeNurkicNow piss

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    The plot thickens
     
    TradeNurkicNow, Dec 9, 2009
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  9. maxiep

    maxiep RIP Dr. Jack

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    If they own them the way the Gambinos own the refs, I assume it's a positive asset.
     
    maxiep, Dec 9, 2009
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