Valuations are pretty consistent across the board when you get outside of the Warrios, Knicks, Lakers (all $6.4B and above). Everyone else is a logical decline in step with market size, and the equal split media revenue share is a BIG equalizer between franchises. A true “rising tide lifts all boats” situation – when it comes down to it, an NBA team is an NBA team.
Here’s the bottom 15 - nothing surprising or outside the ordinary. Teams with recent sales are slightly overweighted (e.g., Hornets were worth $1.7B before recent sale for $3B) as are teams with recent high profile player acquisitions (Spurs went up $500M just for Wemby):
Cleveland Cavaliers $3.4B
Sacramento Kings $3.3B
Atlanta Hawks $3.3B
San Antonio Spurs $3.3B
Milwaukee Bucks $3.2B
Utah Jazz $3.1B
Portland Trail Blazers $3.1B
Detroit Pistons $3.1B
OKC Thunder $3.1B
Charlotte Hornets $3.0B
Orlando Magic $3.0B
Indiana Pacers $2.9B
Nola Pelicans $2.6B
Minnesota T-Wolves $2.5B
Memphis Grizzlies $2.4B
Yes, my analysis led me to believe it’s a good investment. It’s not about “big numbers” just how value will trend over time.