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Forbes ranks the most valuable NBA teams

For the first time in professional basketball history, the average National Basketball Association team is worth more than $2 billion. 

According to Forbes, the New York Knicks are the league's most valuable franchise at $4.6 billion. Second on the list — the Los Angeles Lakers at $4.4 billion, followed by the Golden State Warriors at $4.3 billion. 

Rounding out Forbes's top 10:

  • Chicago Bulls ($3.2 billion)
  • Boston Celtics ($3.1 billion)
  • Los Angeles Clippers ($2.6 billion)
  • Brooklyn Nets ($2.5 billion)
  • Dallas Mavericks ($2.4 billion)
  • Toronto Raptors ($2.1 billion) 
  • Philadelphia 76ers ($2 billion)

Renovations completed in 2013 to the Knicks' home stadium, Madison Square Garden, last year helped boost the team's value 11%. The Knicks, Warriors and Lakers were also the NBA's biggest revenue generators, according to Forbes. For 2018-19, the Knicks brought in $472 million, while the Warriors and Lakers generated $440 million and $434 million, respectively. 

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