Top 7 Most Valuable NBA Teams In 2016

The NBA, is definitely one of the most popular sports in the world, and generates a lot of buzz, due to the competitiveness of the league, and the fun which comes with it, therefore making it every basketball players dream.

Over the years, it has generated a lot of great players like Michael Jordan, Magic Johnson, Hakeem Olajuwon, Kobe Bryant, etc.With stars like Stephen Curry, Lebron James, Kevin Durant still making it fun to the world, we look at the top seven  richest team in the NBA this year;

  1. Broklyn Nets – $1.7bn broklyn nets

Mikhail Prokhorov, through his Onexim Sports & Entertainment bought 20% of the Nets and 55% of the Barclays Center from Bruce Ratner that he didn’t already own. The deal ended the ownership run of Bruce Ratner who bought the team in 2004 and spearheaded the development of the Barclays Center as the centerpiece of the Atlantic Yards mixed-use project. The Nets have drawn fans to Barclays with attendance ranking among the NBA’s best through the 2015-16 season.

  1. Golden State Warriors – $1.9bn klay-draymond-stephen

It was a breakout season for Stephen Curry, who won the NBA MVP and led the Warriors to their first NBA title in 40 years. Curry had the NBA’s best-selling jersey and was the leading vote-getter for the All-Star game. In-arena merchandise sales doubled for the Warriors last season and the team sold out every game for the second season in a row. The Warriors have more than 10,000 names on their season ticket waiting list.

  1. Los Angeles Clippers – $2bn la clippers

The Clippers’ local television contract with Fox Sports’ Prime Ticket runs out after the 2015-16 season and the two sides appear far apart in negotiations for a new deal. Fox Sports reportedly offered $60 million annually, while Clippers’ owner Steve Ballmer countered with $100 million a year. The Clippers will receive $25 million this year under their current with Fox. Ballmer has also explored the possibility of streaming their games via the Clippers’ own over-the-top network.

  1. Boston Celtics – $2.1bn boston celtics

The Celtics surprised NBA fans in 2014-15 by making the playoffs with a roster devoid of star players. GM Danny Ainge has accumulated a significant number of assets in his franchise rebuild, including as many as four first round picks in the 2016 NBA Draft. In July 2015, it was announced that the Celtics would participate in the NBA Global Games Madrid 2015, in association with Euroleague. The Celtics will face nine-time Euroleague/thirty-two time Spanish League Champion Real Madrid.

ALSO READ: Top 10 Highest Paid Sports Women In 2016

  1. Chicago Bulls – $2.3bn chicago bulls

The Bulls posted the NBA’s fifth-highest local television rating during the 2014-15 season. The team’s average rating on CSN Chicago was 4.69, 58% higher than the previous season. That translated into the fourth-largest year-over-year rating increase and the biggest average audience (163,000) in the league. The Bulls led the NBA in attendance during the 2014-15 season for the sixth straight year, averaging 21,343 fans per game at the United Center.

  1. Los Angeles Lakers – $2.7bnApril 13, 2016; Los Angeles, CA, USA; Los Angeles Lakers forward Kobe Bryant (24) is hugged by team mates after scoring a basket against Utah Jazz during the second half at Staples Center. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports

The last two seasons rank among the three worst in Lakers’ franchise history, and the 2015-16 season, which doubles as Kobe Bryant’s retirement tour, is shaping up even worse. Even so, the Lakers are the NBA’s most profitable team thanks to the team’s 20-year, $3.6 billion deal with Time Warner Cable’s SportsNet LA. Ratings are off 65% for Lakers’ games during the past two seasons with Bryant sidelined by injuries for most games.

  1. New York Knicks – $3bn knickss

The Knicks had the league’s third-biggest local television audience during the 2014-15 season despite posting a dismal 17-65 mark. The team averaged 101,000 viewers on MSG Network, down 37% from the previous season. Still, the only two teams with more people watching on television were the Chicago Bulls (163,000) and the Cleveland Cavaliers (117,000). The split of the media and sports assets of Madison Square Garden Company in September precipitated a new media rights deal for the Knicks with the MSG regional sports network.

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Chukwuyem Ogala is a content writer at Edliner. A multifaceted personality with a degree in Economics. He has a strong passion for Rap music and sports. A big fan of the NBA, likes Rafael Nadal and has a crush on Serena Williams. Chuks just strives to be better and wants to be heard globally.

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