We’re likely still a few weeks away from Forbes’ publication of its annual NBA franchise valuations, which are typically revealed during the first half of February. However, new sports business website Sportico has gotten the jump on Forbes in 2021, trying its hand at projecting the values of all 30 NBA teams.
According to Peter J. Schwartz of Sportico, the average NBA franchise is worth nearly $2.4 billion. That projection dipped slightly as a direct result of the coronavirus pandemic, since teams around the league have missed out on anticipated revenues as a result of playing without fans. However, the fact that the NBA’s national revenues have remained relatively stable means Sportico’s projected valuations have only dipped about two percent.
In Sportico’s view, the Knicks ($5.42 billion), Warriors ($5.21 billion) and Lakers ($5.14 billion) are far and away the most valuable NBA franchises, followed by the Nets ($3.4 billion) at No. 4. The Pelicans ($1.35 billion), Grizzlies ($1.36 billion) and Timberwolves ($1.43 billion) are at the other end of the spectrum.
Here are more odds and ends from around the basketball world:
- The NBA G League announced in December 2019 that it would expand to Mexico City for 2020-21, but given the circumstances surrounding this season, the Capitanes franchise won’t debut now after all. While the league has been quiet about its plans for that Mexico-based franchise, the club is now expected to begin playing in the NBAGL in 2021-22, says Marc Stein of The New York Times.
- Although most coaches and general managers around the NBA support the idea of giving teams a third two-way contract slot – an idea being discussed by the league and the players’ union – some would have liked to see a different tweak made to the two-way rules, writes Jared Weiss of The Athletic. “We are in support of (the proposal),” a Western Conference GM said. “But (we) might prefer to have current two-ways with unlimited game-day restrictions.” Players on two-way contracts are limited to being active for 50 of 72 games this season.
- In an interesting article for HoopsHype, Michael Scotto explores the “art of the smokescreen,” speaking to agents and team executives about why they might be motivated to leak information to reporters.
More must-reads: