It was only a year ago that Sportico reported that while the valuation of the Brooklyn Nets was rising, it wasn’t rising as fast as other NBA franchises. Blame the Big Three for that as well!
“The valuation probably got a little bit ahead of itself,” the author of the Sportico report, Kurt Badenhausen. said on a podcast last December, “All the excitement around the superstars coming to Brooklyn. Tickets were going crazy, the sponsors were beating down the door seeking sponsorships. Revenue is going through the roof ... and then the bottom fell out.”
So, he tagged the team’s value at $3.