NBA Team Values: At $9.4B, Warriors Put The Gold In Golden State
Friday, February 14, 2025 at 03:28PM By Barry Janoff
February 14, 2025: The Golden State Warriors are literally living up to the gold in their name.
The Warriors are the most valuable team in the NBA, worth $9.4 billion, nearly $2 billion more than the New York Knicks at $7.5 billion.
The Warriors also generated $781 million in revenue this past season, $200 million more than the Knicks ($578 million), and took in nearly $200 million in sponsorship revenue, nearly double that of any other team, according to a just-released report from CNBC.
The Warriors come in second overall on the list of pro sports franchises worldwide only behind the NFL’s Dallas Cowboys, valued at more than $10 billion by Forbes.
The Warriors success is not limited to the NBA. Majority team owners Joe Lacob and Peter Guber are also majority owners for the Golden State Valkyries, scheduled to start play in May as the WNBA’s 13th franchise, playing in the Warriors’ Chase Center.
The average value of NBA’s team is $4.66 billion, according to CNBC Sport’s official NBA valuations.
That places the league behind the average value of NFL teams, worth $6.49 billion; but ahead of the MLB, which Forbes puts at $2.4 billion; and the average value of NHL teams, put at $1.92 billion by CNBC.
The Top Ten NBA teams are each valued at $5 billion or more.
Behind the Warriors and Knicks, the Top Five include the Los Angeles Lakers ($7 billion), Chicago Bulls ($5.8 billion) and Houston Rockets ($5.7 billion).
“According to team executives, the biggest reason for the rising tide in NBA valuations has been the increase in national media rights, which are divided equally among the league’s 30 teams,” reports CNBC.
“In July, the NBA agreed to a new media rights package worth $76 billion over 11 years, beginning with the 2025-26 season. On an average annual basis, the new deal is worth $6.9 billion a year, nearly 160% more than its current deal is worth.”
Team: Value/Revenue
1. Golden State Warriors $9.4B $781M
2. New York Knicks $7.5B $578M
3. Los Angeles Lakers $7B $528M
4. Chicago Bulls $5.8B $402M
5. Houston Rockets $5.7B $402M
6. Brooklyn Nets $5.6B $389M
7. Boston Celtics $5.5B $452M
8. Los Angeles Clippers $5.4B $351M
9. Miami Heat $5.1B $394M
10. Dallas Mavericks $5B $430M
11. Philadelphia 76ers $4.9B $394M
12. Phoenix Suns $4.6B $377M
13. Toronto Raptors $4.5B $349M
14. Sacramento Kings $4.45B $425M
15. Cleveland Cavaliers $4.35B $406M
16. Atlanta Hawks $4.3B $384M
17. Washington Wizards $4.25B $357M
18. Denver Nuggets $4.2B $386M
19. Milwaukee Bucks $4.1B $350M
20. Utah Jazz $3.75B $367M
21. San Antonio Spurs $3.7B $344M
22. Portland Trail Blazers $3.65B $339M
23. Orlando Magic $3.55B $317M
24. Oklahoma City Thunder $3.5B $321M
25. Detroit Pistons $3.45B $306M
26. Indiana Pacers $3.4B $339M
27. Charlotte Hornets $3.35B $304M
28. New Orleans Pelicans $3.3B $311M
29. Minnesota Timberwolves $3.25B $328M
30. Memphis Grizzlies $3.2B $299M
Source: CNBC
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