Valuations of NBA Teams For The Year 2023
National Basketball Association (NBA) is the most famous and profitable sports league in the United States Of America. It consists of thirty teams; twenty-nine are based in the United States and one in Canada.
Due to its immense popularity, one of the most common questions that followers are interested in is the valuation of their favorite team. Golden State Warriors is the most expensive NBA team in the year 2022-23. New York Knicks and Los Angeles Lakers follow them.
The following list will give you an overview and ranking as per the valuations of all 30 NBA teams. These NBA team valuations are as stated by Forbes for the year 2022-23.
30. New Orleans Pelicans: $1.6 billion
The New Orleans Pelicans is a basketball team competing in the NBA based in New Orleans. They are a member of the league’s Western Conference, Southwest Division. Their home arena is Smoothie King Centre. They haven’t won any championships or conference titles to date. Despite having players like Zion Williamson, Brandon Ingram, and CJ McCollum, the New Orleans Pelicans have been unable to push out from the last spot. They generated total revenue of $268 million in the year 2021-22.
29. Memphis Grizzlies: $1.65 billion
Memphis Grizzlies is an NBA team based out of Memphis, Tennessee. The Grizz, as known locally, is a member of the league's Western Conference, Southwest Division. Their home ground is the FedEx Forum. They haven’t won any championships to date. They generated total revenue of $272 million in the year 2021-22.
28. Minnesota Timberwolves: $1.67 billion
Minnesota Timberwolves is an NBA team based in Minneapolis. They compete in the league as a Western Conference, Northwest Division member. Their home arena is Target Center. They haven’t won any championships to date. Despite having talented players like Karl-Anthony Towns and Anthony Edwards, the team is ranked in the bottom five. In the year 2021-22, they generated total revenue of $271 million.
27. Charlotte Hornets: $1.7 billion
Charlotte Hornets is a team owned by Hall of Famer Michael Jordan, based in Charlotte, North Carolina. They compete in the league as a member of the leagues Eastern Conference and Southeast Division. Their home arena is the Spectrum Center. They haven’t won any championships until now. For the last four seasons, they haven’t qualified for the playoffs. They generated total revenue of $269 million in the year 2021-22.
26. Indiana Pacers: $1.8 billion
Indiana Pacers is an NBA team based in Indianapolis. They compete in NBA as a member of the Eastern Conference, Central Division. Their home arena is the Gainbridge Fieldhouse. In the ABA (American Basketball Association) days, they won the playoffs three times to claim the championship title. But in recent times, they haven’t performed as they did on the court. They generated total revenue of $264 million in the year 2021-22.
25. Orlando Magic: $1.85 billion
Orlando Magic is a professional basketball team based in Orlando, Florida. They compete in NBA as a member of the Eastern Conference, Southeast Division. Their home arena is the Amway Center. They have never won an NBA title but were runner-ups in the NBA playoffs of 1995 and 2009. They generated total revenue of $272 million in the year 2021-22.
24. Oklahoma City Thunder: $1.875 billion
Oklahoma City Thunder is an NBA team native to Oklahoma City. They compete in the league as a Western Conference, Northwest Division member. Their home arena is Paycom Center. They won the championship in 1979 and have made multiple appearances in playoffs in the last 14 years. They generated total revenue of $274 million in the year 2021-22.
23. Detroit Pistons: $1.9 billion
Detroit Pistons is the NBA team based in Detroit. They compete in the league as an Eastern Conference, Central Division member. Despite winning Three championships in the years 1989, 1990, and 2004, and multiple playoff appearances, they are among the lowest-valued teams. They generated total revenue of $278 million in the year 2021-22.
22. Denver Nuggets: $1.93 billion
Denver Nuggets is an NBA team based in Denver. They compete in the league as a Western Conference, Northwest Division member. They haven’t won any NBA titles but made multiple appearances in playoffs. They generated total revenue of $273 million in the year 2021-22.
21. Atlanta Hawks: $1.975 billion
Atlanta Hawks are a basketball team based in Atlanta. They compete in the league as a member of the Eastern Conference, Southeast Division. They play their home games at the State Farm Arena. They were the 1958 NBA World Champions. They generated total revenue of $282 million in the year 2021-22.
20. San Antonio Spurs: $2 billion
They are based in San Antonio. They are a member of the Western Conference, Southwest Division. They are one of the most successful teams, with five championships and six conference titles. They generated total revenue of $306 million in the last year.
19. Utah Jazz: $2.025 billion
They are based in Salt Lake City. They are a member of the Western Conference, Northwest Division. They have made multiple playoff appearances but have yet to win a title. They generated total revenue of $308 million in the year 2021-22.
18. Sacramento Kings: $2.03 billion
A member of the Western Conference, Pacific division, their hometown is Sacramento, California. Though they have not appeared in playoffs in a long time, they have somewhat maintained their spot in the most valued teams list. They generated total revenue of $279 million in the year 2021-22.
17. Cleveland Cavaliers: $2.05 billion
The team is based in Cleveland. They are a member of the leagues Eastern Conference, and Central Division. Their home arena is the Rocket Mortgage FeildHouse. They have a title to their name, thanks to LeBron James and Kyrie. They generated total revenue of $325 million in the year 2021-22.
16. Portland Trail Blazers: $2.1 billion
The team is based in Portland, Oregon, and is a member of the league’s Western Conference, Northwest Division. They have one championship to their name. They generated total revenue of $291 million in the year 2021-22.
15. Milwaukee Bucks: $2.3 billion
The team is based in Milwaukee and is a member of the Eastern Conference, Central Division. The team holds two NBA titles (1971, 2021) and is one of the best-performing teams. They generated total revenue of $352 million in the year 2021-22.
14. Washington Wizards: $2.5 billion
They are a member of the Eastern Conference, Southeast Division, and based in Washington, D.C. They have only one NBA title to their name. Also, they generated total revenue of $291 million in the year 2021-22.
13. Phoenix Suns: $2.7 billion
The team is based in Phoenix, Arizona, and is a Western Conference, Pacific Division member. Though they haven’t won any NBA championship title, they still hold 13th in Forbes Team Valuation. They generated total revenue of $302 million in the year 2021-22.
12. Miami Heat: $3 billion
They are based in Miami and are a member of the league’s Eastern Conference, Southeast Division. They have three NBA titles, six-time runner-ups, and multiple playoff appearances. They generated total revenue of $326 million in 2021-22.
11. Toronto Raptors: $3.1 billion
They are the only Canadian professional basketball team in NBA. They are based in Toronto and a member of the league’s Eastern Conference, Atlantic Division. They were the 2019 NBA champions. Valued at $3.1 billion, they are Canada’s most valued sports franchise. They generated total revenue of $299 million in the year 2021-22.
10. Philadelphia 76ers: $3.15 billion
The team is based in Philadelphia and is a member of the league’s Eastern Conference, Atlantic division. They have three NBA championship titles, but none of them in recent years. They generated total revenue of $345 million in the year 2021-22.
9. Huston Rockets: $3.2 billion
They are a member of the league's Western Conference, Southwest Division, and based out of Huston, Texas. They are a team with 2 NBA championship titles and home to many talented players. They generated total revenue of $350 million in 2021-22.
8. Dallas Mavericks: $3.3 billion
The team is based in Dallas, Texas, and competes as a member of the Western Conference, Southwest Division. Though they only have one NBA title, they are one of the most valued teams in the NBA. They generated total revenue of $364 million in 2021-22.
7. Brooklyn Nets: $3.5 billion
A team based in Brooklyn, New York. It is a member of the Eastern Conference, Atlantic division. The team’s ranking in Forbes has taken a hit with the exit of core players such as Kevin Durant and Kyrie Irving. They generated total revenue of $405 million in 2021-22.
6. Los Angeles Clippers: $3.9 billion
The team is based in Los Angeles and is a member of the league’s Western Conference, Pacific Division. Though they don’t have an NBA championship title to their name, they are one of the most valued teams in the NBA. They generated total revenue of $362 million in 2021-22.
5. Boston Celtics: $4 billion
Boston Celtics is a member of the league’s Eastern Conference, Atlantic Division. They are based in Boston, Massachusets. They are tied with the Lakers for the most NBA championship titles. Many great players have been a part of the team, justifying its position in the Forbes list of most valued NBA teams. They generated total revenue of $361 million in 2021-22.
4. Chicago Bulls: $4.1 billion
The team calls the city of Chicago their hometown. They are a member of the league’s Eastern Conference, Central Division. They have six NBA championship titles to their name, all led by legends like Michel Jordan and Scottie Pippen. They generated total revenue of $352 million in 2021-22.
3. Los Angeles Lakers: $5.9 billion
The team is based in Los Angeles and is a member of the league’s Western Conference, Pacific Division. It’s the team with the most championships in NBA. It's the team that gave us legends such as LeBron James, Magic Johnson, and Kareem Abdul Jabbar. They generated total revenue of $465 million in 2021-22.
2. New York Knicks: $6.1 billion
The team is based in New York and is a member of the Eastern Conference, Atlantic division. The team has only two NBA championship titles but has not won in the last 50 years. They generated total revenue of $452 million in 2021-22.
1. Golden State Warriors: $7 billion
The team is based in San Fransisco and is a member of the league’s Western Conference, Pacific Division. The team has risen to this position in the last decade. The reason for this is its consistent appearance in playoff finals since 2015 and the four championship titles it has won during the same period. They generated total revenue of $765 million in 2021-22.
