Chat Sports
Thunder news

NewsOK.com · Feb 15, 2017

Forbes: Thunder ranks 17th in NBA franchise value

The Thunder was one of three NBA teams to lose money in 2015-16, according to Forbes’ annual report on the value of the league’s franchises.

Still, as the league’s 17th-most valuable franchise according to Forbes, the Thunder has a value of $1.025 billion dollars. Last season, Oklahoma City had $187 million in revenue and an operating incoming of -$8.4 million.

All three teams that lost money last season – the Thunder, Cleveland Cavaliers and L.A. Clippers – were “in the red as a result of excessive payrolls that triggered nearly $90 million in luxury tax payments cumulatively,” according to Forbes’ report.

Full story at NewsOK.com

Chat Sports on YouTube

Chat Sports TV

NFL Daily | NBA Now | CFB Now

Subscribe

More Thunder news

SGA's hilarious fact check reminds everyone why Thunder will be fine despite rut Fansided · 2h Thunder must use lightened-up schedule to boost Nikola Topic's trade stock Fansided · 4h Thunder vs. Kings injury report: Ajay Mitchell hoping to return to stop OKC’s slide ClutchPoints · 7h Thunder's dynastic aspirations have created the perfect storm for Thomas Sorber Fansided · 7h Nikola Topic Makes Season Debut For Thunder Hoops Rumors · 19h Thunder’s Shai Gilgeous-Alexander hilariously corrects LA reporter over AI-generated stat ClutchPoints · Yesterday All Thunder news