The Most Valuable Teams In The World: Knicks Worth $5.8B, Warriors $5.6B, Lakers $5.5B

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Despite another subpar season, the New York Knicks are still on top of the basketball world. Meanwhile, on the west coast, the Los Angeles Lakers have been dethroned as the king of California basketball.

In Forbes’ most recent ranking of the most valuable teams in the world, the Knicks earned the third-place spot with a valuation of $5.8 billion. The Warriors came next with a valuation of $5.6 billion, ahead of the Lakers, with a $5.5 billion valuation.

(via Forbes):

Somehow, despite decades of disappointment and mismanagement, the Knicks are still worth over $5.8 billion. No doubt, it has to do with location, not only in the metropolis that is New York City but also the location of Madison Square Garden, which is widely regarded as the most famous sports arena in America. But their status as the top moneymaker in the NBA is nothing new.

The Warriors, though, are enjoying a level of prosperity that has them neck-and-neck with the Lakers in terms of the total value. It’s not just about star-power for the Warriors. Over the past decade, Golden State has been among the most successful teams in the sports world, with three championships and six Finals appearances. Their current run is like something akin to what we saw from the 90s Bulls:

The Golden State Warriors are the first team to reach 6 NBA Finals in 8 years since the Michael Jordan led Chicago Bulls. The Chicago Bulls reached 6 NBA Finals between 1991 and 1998, losing out on 2 years in 1994 and 1995.

The Warriors reached 5 consecutive NBA Finals between 2015 and 2019, and are going back to the NBA Finals for the first time in 3 years, that too after missing the playoffs for 2 seasons in a row.

Right now, the Knicks and Warriors are the most valuable basketball teams in the world, and it’s clear to see why. Location is everything, but so is star power and success to a certain degree.

For the Lakers, if they want to re-take their place in the top two, they will need to put together a better roster and stay competitive for the upcoming season.

We will see if they are able to return to a place of contention before the Warriors get too far ahead.

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Nico Martinez is a veteran staff writer for Fadeaway World from Brooklyn, New York. He joined Fadeaway World in 2016 and is currently residing in Columbia, South Carolina. Nico holds a degree in Sports Management from Columbia International University where he built a strong foundation in the inner workings of sports media and management. Nico's contributions have significantly enhanced the credibility and depth of Fadeaway World's content, earning him recognition across the sports journalism community. His work has been discussed in prestigious publications like Sports Illustrated. A dedicated follower of LeBron James, Nico often leads coverage on news related to the basketball star. With nearly a decade of experience in sports journalism, Nico consistently provides comprehensive and timely basketball news, engaging a wide audience of basketball enthusiasts.Nico's most desired player to interview, past or present, is Kevin Durant. He is particularly keen on asking Durant if he has any regrets about his career, especially concerning his departure from the Oklahoma City Thunder, and why he engages so much with fans on social media. 
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