Sacramento Kings Rank 13th Most Valuable NBA Franchise
Feb 8, 2018, 12:00 AM | Updated: Jan 4, 2019, 11:23 am
(Photo by Tom Pennington/Getty Images)
(Photo by Tom Pennington/Getty Images)
(Photo by Tom Pennington/Getty Images)
Forbes released a list of the most valuable NBA franchises, and the Sacramento Kings ranked 13th.
The Sacramento Bee reports that the Kings were valued at $1.375 billion during the 2016-17 season.
The team’s value is up $450 million from two years ago, gaining 41 percent more annual revenue.
The New York Knicks took the #1 title, followed by the Los Angeles Lakers and Golden State Warriors.
The New Orleans Pelicans came in last. See the full list below.
According to @Forbes, the Sacramento Kings have 28% increase in value from last year, 13th most valuable franchise in the NBA valued at $1.375 Billion. Warriors 3rd $3.1, Lakers 2nd $3.3 & Knicks 1st at $3.6 Billion. pic.twitter.com/dAukvmkpmj
— Sean Cunningham (@SeanCunningham) February 7, 2018
