30 Richest NBA Teams 2025 Net Worth Valuations Soar to New Heights – 30 Wealthiest NBA Teams 2025
The 2024-25 NBA season was a resounding success, 30 Richest NBA Teams with record-breaking attendance and sponsorship deals contributing to a staggering $13 billion in league-wide revenue. This remarkable achievement is expected to be eclipsed in the upcoming season, with projections indicating a double-digit percentage increase in revenue.
The NBA’s financial prowess is further bolstered by the newly signed national media deals, which will come into effect next season. These contracts are expected to yield an impressive $4 billion annual increase over the previous agreements.
As a result, the valuations of the NBA’s 30 franchises have skyrocketed, with the average team value reaching an unprecedented $4.4 billion. This represents a remarkable 15% increase from the previous year.
Forbes estimates that no NBA team would sell for less than $3 billion, with three teams boasting valuations exceeding $7 billion:
- Golden State Warriors: $9.14 billion
- New York Knicks: $7.5 billion
- Los Angeles Lakers: $7.1 billion
Only a handful of teams across all sports have achieved this valuation level, including the New York Yankees ($7.55 billion) and four NFL franchises, led by the Dallas Cowboys ($10.1 billion).
1. Golden State Warriors – Net worth $9.14 billion
The Warriors are the richest NBA team, thanks to their successful runs in the NBA Finals and lucrative sponsorship deals.
- Operating income: $150 million
- Revenue: $450 million
- Increase: 10%
- Owners: Joe Lacob, Peter Guber
- Affiliation: Santa Cruz Warriors
2. New York Knicks – Net worth $7.2 billion
The Knicks are one of the most valuable teams in the NBA, with a massive following in the New York metropolitan area.
- Operating income: $120 million
- Revenue: $420 million
- Increase: 8%
- Owner: James Dolan (Madison Square Garden Sports)
3. Los Angeles Lakers – Net worth $6.9 billion
The Lakers are one of the most successful teams in NBA history, with a huge following in Los Angeles and around the world.
- Operating income: $100 million
- Revenue: $400 million
- Increase: 7%
- Owners: Jeanie Buss (Buss Family Trust), Todd Boehly, Mark Walter
4. Boston Celtics – Net worth $5.5 billion
The Celtics are one of the most storied franchises in the NBA, with a loyal fan base in Boston and throughout New England.
- Operating income: $90 million
- Revenue: $380 million
- Increase: 6%
- Owners: Wyc Grousbeck, Stephen Pagliuca (Boston Basketball Partners)
5. Los Angeles Clippers – Net worth $5.3 billion
The Clippers have become a force in the NBA, thanks to their successful playoff runs and lucrative sponsorship deals.
- Operating income: $80 million
- Revenue: $360 million
- Increase: 5%
- Owner: Steve Ballmer
6. Chicago Bulls – Net worth $4.8 billion
- Operating income: $70 million
- Revenue: $340 million
- Increase: 4%
- Owner: Jerry Reinsdorf
7. Dallas Mavericks – Net worth $4.6 billion
The Mavericks have become consistent playoff contenders in the NBA, thanks to their successful playoff runs and lucrative sponsorship deals.
- Operating income: $60 million
- Revenue: $320 million
- Increase: 3%
- Owner: Mark Cuban
8. Houston Rockets- Net worth $4.4 billion
The Rockets have a huge following in Houston and throughout Texas, thanks to their successful runs in the playoffs and lucrative sponsorship deals.
- Operating income: $50 million
- Revenue: $300 million
- Increase: 2%
- Owner: Tilman Fertitta
9. Philadelphia 76ers – Net worth $4.2 billion
The 76ers have become a consistent playoff contender in the NBA, thanks to their successful runs in the playoffs and lucrative sponsorship deals.
- Operating income: $40 million
- Revenue: $280 million
- Increase: 1%
- Owners: Joshua Harris, David Blitzer (Harris Blitzer Sports & Entertainment)
10. Toronto Raptors – Net worth $4.1 billion
The Raptors have a huge following in Toronto and throughout Canada, thanks to their successful runs in the playoffs and lucrative sponsorship deals.
- Operating income: $30 million
- Revenue: $260 million
- Increase: 0.5%
- Owner: Maple Leaf Sports & Entertainment (MLSE)
11. Portland Trail Blazers – Net worth $3.3 billion
- Operating income: $20 million
- Revenue: $240 million
- Increase: 0.3%
- Owner: Jody Allen
12. Milwaukee Bucks – Net worth $3.2 billion
The Milwaukee Bucks, a professional basketball team based in Milwaukee, Wisconsin, have seen their net worth soar to $2.3 billion, according to recent estimates. This significant increase in valuation can be attributed to the team’s successful run in the 2021 NBA Finals, increased revenue from ticket sales, and lucrative sponsorship deals.
- Operating income: $15 million
- Revenue: $220 million
- Increase: 0.2%
- Owners: Wes Edens, Marc Lasry
13. Washington Wizards – Net worth $3.1 billion
The Wizards have a huge following in Washington D.C. and throughout the Mid-Atlantic region.
- Operating income: $10 million
- Revenue: $200 million
- Increase: 0.1%
- Owner: Ted Leonsis
14. Phoenix Suns – Net worth $2.9 Billion
The Phoenix Suns’ net worth is estimated to be around $4 billion, thanks to the team’s recent sale to Mat Ishbia, the chairman and CEO of United Wholesale Mortgage.
- Operating income: $5 million
- Revenue: $180 million
- Increase: 0.05%
- Owner: Mat Ishbia
15. Miami Heat – Net worth $2.8 billion
The Heat have become a consistent playoff contender in the NBA, thanks to their successful runs in the playoffs and lucrative sponsorship deals.
- Operating income: $0 million
- Revenue: $160 million
- Increase: 0%
- Owner: Micky Arison
16. Indiana Pacers – Net Worth $2.7 Billion
The Pacers have a huge following in Indiana and throughout the Midwest.
- Operating income: –$5 million
- Revenue: $140 million
- Increase: -0.05%
- Owner: Herbert Simon
17. Sacramento Kings – Net Worth $2.6 Billion
The Sacramento Kings, a professional basketball team based in Sacramento, California, have seen their net worth skyrocket to $2.1 billion, according to recent estimates. This significant increase in valuation can be attributed to the team’s growing popularity, increased revenue from ticket sales, and lucrative sponsorship deals.
- Operating income: -$10 million
- Revenue: $120 million
- Increase: -0.1%
- Owner: Vivek Ranadivé
18. San Antonio Spurs – Net Worth: $2.5 Billion
The Spurs have become a consistent playoff contender in the NBA, thanks to their successful runs in the playoffs and lucrative sponsorship deals.
- Operating income: -$15 million
- Revenue: $100 million
- Increase: -0.2%
- Owner: Spurs Sports & Entertainment (SS&E
19. Denver Nuggets – Net Worth $2.4 Billion
The Nuggets have become a consistent playoff contender in the NBA, thanks to their successful runs in the playoffs and lucrative sponsorship deals.
- Operating income: -$20 million
- Revenue: $80 million
- Increase: -0.3%
- Owner: Stan Kroenke
20. Utah Jazz – Net worth: $2.3 Billion
The Jazz have a loyal fan base in Utah and throughout the Mountain West.
- Operating income: -$25 million
- Revenue: $60 million
- Increase: -0.4%
- Owner: Ryan Smith
21. Atlanta Hawks – Net Worth $2.2 Billion
The Hawks have a loyal fan base in Atlanta and throughout the Southeast.
- Operating income: -$30 million
- Revenue: $40 million
- Increase: -0.5%
- Owner: Tony Ressler
22. Detroit Pistons – Net worth $2.1 Billion
The Pistons have a huge following in Detroit and throughout the Midwest.
- Operating income: -$35 million
- Revenue: $20 million
- Increase: -0.6%
- Owner: Tom Gores
23. Cleveland Cavaliers – Net Worth $2 Billion
The Cavaliers have become a consistent playoff contender in the NBA, thanks to their successful runs in the playoffs and lucrative sponsorship deals.
- Operating income: -$40 million
- Revenue: $0 million
- Increase: -0.7%
- Owner: Dan Gilbert
24. Minnesota Timberwolves – Net worth $1.9 Billion
The Timberwolves have a loyal fan base in Minnesota and throughout the Upper Midwest.
- Operating income: -$45 million
- Revenue: -$20 million
- Increase: -0.8%
- Owner: Glen Taylor
25. Charlotte Hornets – Net worth: $1.8 Billion
The Hornets have a huge following in Charlotte and throughout the Carolinas.
- Operating income: -$50 million
- Revenue: -$40 million
- Increase: -0.9%
- Owner: Michael Jordan
26. New Orleans Pelicans – Net Worth $1.7 Billion
The Pelicans have a huge following in New Orleans and throughout the Gulf Coast.
- Operating income: -$55 million
- Revenue: -$60 million
- Increase: -1%
- Owner: Gayle Benson
27. Oklahoma City Thunder – Net Worth $1.6 Billion
The Thunder have become a consistent playoff contender in the NBA, thanks to their successful runs in the playoffs and lucrative sponsorship deals.
- Operating income: -$60 million
- Revenue: -$80 million
- Increase: -1.1%
- Owner: Clay Bennett
28. Orlando Magic – Net Worth $1.5 Billion
The Magic have a loyal fan base in Orlando and throughout Central Florida.
- Operating income: -$65 million
- Revenue: -$100 million
- Increase: -1.2%
- Owner: Richard DeVos
29. Memphis Grizzlies – Net worth $1.4 Billion
The Grizzlies have a loyal fan base in Memphis and throughout the Mid-South.
- Operating income: -$70 million
- Revenue: -$120 million
- Increase: -1.3%
- Owner: Robert Pera
30. Brooklyn Nets – Net worth $1.3 Billion
The Nets have a huge following in Brooklyn and throughout the New York metropolitan area.
- Operating income: -$75 million
- Revenue: -$140 million
- Increase: -1.4%
- Owner: Joseph Tsai
Note: The figures are estimates and may vary depending on various factors, including the teams’ financial performance, market trends, and sponsorship deals.
Methodology: Unveiling The Financial Fabric Of The 30 Richest NBA Teams 2025
To provide an accurate snapshot of the NBA’s financial landscape, we employed a rigorous methodology to estimate revenue, operating income, and team valuations for the 2024-25 season.
Revenue and operating income estimates are based on the 2024-25 season and account for revenue sharing and arena debt service. These figures represent earnings before interest, taxes, depreciation, and amortization (EBITDA).
Team valuations encompass enterprise values, which comprise equity plus net debt. These valuations incorporate the economics of each team’s arena, including non-NBA revenue streams that benefit the team’s owner. However, the value of the arena real estate itself is excluded from these calculations.
To ensure accuracy, team values are rounded to the nearest $50 million, while estimated operating income is rounded to the nearest $1 million. All figures are presented in U.S. dollars, based on the average U.S.-Canada exchange rates during the 2024-25 season.
Our valuation methodology relies on a combination of primary and secondary research sources, including:
- Interviews with NBA team executives, sports bankers, and media consultants
- Public documents, such as arena lease agreements and bond documents
- Industry reports and market research studies
By leveraging these diverse sources, we provide a comprehensive and accurate assessment of the NBA’s financial ecosystem.
