There’s some good news and bad news for the Utah Jazz in terms of their financial worth, according to the most recent NBA valuations released this week by Forbes.
The bad: The Jazz’s worth is below the league’s average, and Utah is in the lower third of the 30 franchises.
The good: The Jazz are worth a record $1.2 billion — say that in your best Dr. Evil voice … “One-point-two BILL-I-ON dollars!” — with $221 million in revenue, according to the annual report.
So, yes, that is below the average team's worth — now a record $1.