Forbes magazine has released their 2018 version of NBA franchise valuations. The most valuable team, assessed at $3.4 billion, is the New York Knicks. Their owner, James Dolan, should write a book, and I’ll offer him a title at no charge: “Failing Upwards – how every bad move I’ve made increased my net worth”. The Toronto Raptors check in at a valuation of $ 1.4 billion, which ranks them twelfth, just behind the San Antonio Spurs and ahead of the Sacramento Kings.
What’s particularly interesting is the fact each team’s revenue numbers are included. The Raptors’ revenue was $ 250 million, which is a middle-of-the-pack number.