In its latest edition, Forbes ranked the Nets as the seventh-most valuable NBA franchise with a net worth of approximately $1.8 billion.
I could joke about how little of it is related to the product on the basketball court, how the collective value of the Nets’ current roster is probably worth about 15 cents. But it’s not hyperbole to suggest that Brooklyn’s high standing in the business publication is due entirely to its playing in a nice building in a huge market.
The Nets are entrenched as the league’s worst team, with a record of 9-47 heading into the All-Star break, following Wednesday’s 129-125 loss to Milwaukee, Brooklyn’s 14th consecutive defeat and 16th in a row at home.