NEW YORK -- The defending NBA champion Golden State Warriors are worth $1.9 billion and are sixth in Forbes' rankings of NBA franchise valuations.
The New York Knicks are worth $3 billion, highest in the NBA, according to Forbes. Forbes said Wednesday in its annual ranking of franchise valuations that the Knicks regained the top spot from the Los Angeles Lakers thanks to a 20 percent value increase from 2015. It says the increase was driven by a new cable deal and the highest premium-seating revenue in the league. The Lakers have a value of $2.7 billion. The Chicago Bulls, Boston Celtics and Los Angeles Clippers rounded out the top five.