- - http://www.sportstalkflorida.com -

Forbes: Knicks most Valuable NBA Team

Posted By Sports Talk Florida On January 23, 2013 @ 1:33 PM In NBA | No Comments

[1]Forbes: Knicks most valuable NBA team over Lakers

NEW YORK (AP) — The New York Knicks have surpassed the Los Angeles Lakers as the most valuable team in the NBA, according to Forbes’ annual study.

Boosted by renovations to Madison Square Garden, the Knicks’ value increased 41 percent to $1.1 billion. The Lakers were second at $1 billion.

The report released Wednesday estimated the average NBA team’s value at $509 million, a 30 percent increase from last year.

The Chicago Bulls, Boston Celtics and Dallas Mavericks round out the top five.

The Milwaukee Bucks were the least valuable at $312 million. The Nets’ value increased 48 percent to $530 million, ranking ninth, after their move from New Jersey to Brooklyn.

Source: Associated Press

Forbes: Knicks most Valuable NBA Team by

Article printed from : http://www.sportstalkflorida.com

URL to article: http://www.sportstalkflorida.com/forbes-knicks-most-valuable-nba-team/

URLs in this post:

[1] Image: http://www.sportstalkflorida.com/without-melo-knicks-top-heat-112-92/knicks_jason_kid_2012/

Copyright © 2011 ESPN Florida. All rights reserved.