Blockbuster television deals and a new collective bargaining agreement have lifted the value of the average NBA team to a record US$393 million, up 6.5 percent over last year.
The spread between the NBA's haves and have-nots is only growing, though. The 15 most valuable NBA teams are worth US$485 million on average, up 10 percent. The value of teams in the bottom half averages US$300 million, down 0.4 percent from last year.
NBA revenues hit a record US$4 billion last season, up 4.2 percent from the prior year. The average NBA team had an operating profit (earnings before interest, taxes, depreciation and amortization) of US$5.8 million last year, down 5 percent from the prior year. That profit is inflated by the top teams as the Lakers, Knicks, Bulls and Heat average US$46 million in earnings while the rest of the league had a cumulative loss. Overall, 15 teams lost money, led by the Charlotte Bobcats and Memphis Grizzlies, who both were US$25 million in the red.
Following are the top 10 most valuable NBA teams:
Phoenix Suns 菲尼克斯太阳队
Phoenix Suns [Getty Images]
1-year change: -4 percent
Operating income: US$13 million