The big news from Forbes' annual team valuation list was that the New York Knicks, priced at $3 billion, have officially jumped back to the top of the heap in terms of market value. In Philadelphia 76ers world, things have mostly stayed the same, with the financial prognosticators estimating their value at the same $700 million they clocked in at last year.
Sliding back in the overall rankings from 27 to 28, that number still represents a significant rise from when Josh Harris and Co. purchased the team in July 2011. Assuming that market value would hold up, the oft-maligned hedge fund guys could turn a $420 million profit if they decided to part with the franchise in the near future.