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New York Knicks Worth $3 Billion Dollars

New York Knicks

The New York Knicks are worth $3 billion dollars, highest in the NBA according to Yahoo Sports.

It was reported first by Forbes. They said on Wednesday that the Knicks took the top spot from the Los Angeles Lakers by 20 percent from 2015 due to a new cable deal. The Knicks also have the highest seating premium-seating revenue in the league. In second the Lakers have a $2.7 billion dollars. Chicago Bulls, Boston Celtics and Los Angeles Clippers are in the top five. Currently an average NBA team is worth $1.3 billion dollars. Expect that to increase as more money comes in the next five years due to the cable deals.

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