It’s an exciting time for the NBA as interest in basketball continues to grow worldwide and franchises are sold for seemingly ever-growing sums of money. Per Forbes, the average NBA franchise is now valued at $3.85 billion or more than 2x the average of $1.65 billion five years ago.
My take? While costly, NBA investment remains attractive due to the league’s encouraging growth prospects and (most importantly) robust long-term ownership demand. Full thoughts below:
Yea they shouldnt be that similar some of those teams have much bigger markets or could grab bigger markets (the jazz just were granted most of the north west tv market, stealing it from the blazers) some of those cities are growing very fast, some of those teams play in crappy arenas and have an opportunity to own their arena (the warriors own chase and make bank because they are now the premier concert venue in the bay area)