The National Basketball Association (NBA) is the highest level of competition in the world for the sport of basketball. There are a total of 30 teams that compete within the league and 29 of them are based within the United States with 1 situated in Canada. The NBA is a part of the Big Four sports organizations and this particular league is a multi-billion dollar a year industry. The top 10 NBA teams bring in the most revenue for this league netting close to 400 million dollars annually. Products, corporate sponsors, television advertising and ticket sales are but a few of the many different ways that NBA teams are able to produce income. Here is a breakdown of the top income producing franchises within the NBA and their financial value to the league.
10. San Antonio Spurs
The San Antonio Spurs ranks number 10 on the list of the highest paid NBA teams within the league. This organization is based out of San Antonio, Texas and it is one of three teams in the state of Texas. The team’s color is silver, black and white and they were founded in 1967 joining the NBA in 1976. The San Antonio Spurs franchise is worth 527 million dollars and it typically generates 15 million dollars on annual basis. Peter Holt is the current owner of the Spurs and the team is coached by George Popovich. Dominique Wilkins, Moses Malone and George “The Iceman” Gervin are Hall of Fame players who played with the Spurs during the course of their careers. The Spurs have won 4 championships and most of them occurred during the 2000s.
9. Brooklyn Nets
The Brooklyn Nets is the leagues 9th most valuable organization since it is capable of generating $17 million dollars a year. The Nets is owned by the famous rap mogul Shawn “Jay-Z” Carter and co-owner Mikhail Prokhorov. The Brooklyn Nets were known as the New Jersey Nets for nearly 35 years before taking on their current name in 2012. Jason Kidd and Vince Carter led the team to success throughout the 2000s and the team is currently coached by P.J. Carlesimo. This organization has not won any NBA championships to date. Basketball greats Julius Erving and Nate Archibald played with the Nets during the course of their careers. The organization was founded in 1967, joined the league in 1976 and they have not won a championship game during its history in the league.
8. Golden State Warriors
The Golden State Warriors represent the city of Oakland, California and the organization was established in 1946. Blue, golden yellow and white are the team’s color and they are coached by Mark Jackson. Joe Lacob and Peter Guber are the two owners of the Warriors and this team is valued at $555 million dollars. Each year the warriors generate about $29 million dollars and are the 8th most valued team in the NBA. Players such as Chris Mullin and Wilt Chamberlin have played basketball with the Warriors in the past. Golden State was founded in 1946 and this team has won 2 championships during its long history.
7. Houston Rockets
Red, white and silver are the colors for the Houston Rockets who is the 6th highest valued team within the NBA. They have a net worth of $568 million dollars and they generate at least $27 million dollars a years. The Rockets won two NBA Championships back to back in the years 1994 and 1995. Famous players who lent their talent to this team include Hakeem Olajuwan, Moses Malone and Yao Ming. The Rockets are owned by Leslie Alexander and the head coach is Kevin McHale. The Rockets were founded in 1967.
6. Miami Heat
The value of the Miami Heat basketball franchise has increased dramatically over the past few years since the team has won the 2012 championship with the help of the league’s top rated player Lebron James. Dewayne Wade and Chris Bosch have also increased the net worth of the Heat organization as well. The Heat is currently valued at $625 million dollars and the team generates about $15 million dollars on an annual basis. These figures are expected to rise dramatically by the year 2015 because of the Heat’s projected success. The Heat franchise is one of the youngest in the league since it was founded in 1988 and it has won two championships since its inception. The team’s colors are black, red, white and gold and the present owner is MickyArison. The organization’s head coach is Erik Spoelstra. Tim Hardaway and Hall of Fame coach Pat Riley are among the most memorable players and coaches who were a former part of this organization.
5. Dallas Mavericks
The fifth most economically viable team in the NBA is the Dallas Mavericks who are worth a hefty $685 million dollars. This organization generates $13 million dollars on an annual basis. Dallas is owned by Mark Cuban and the team’s colors are light blue, dark blue, silver and white. Former players such as Steve Nash, Wang Zhizhi and Josh Howard have all donned a Maverick’s uniform. The current head coach is Rick Carlisle and the Mavericks have won 1 championship in 2011. The Mavericks joined the league in 1980.
4. Boston Celtics
Names such as Larry Bird, Antoine Walker and Paul Pierce usually come to mind whenever someone mentions the Boston Celtics. This basketball franchise organization has won 17 championships since they were founded in 1946. They are one of the top rated teams in the league not only in economic value but also in terms of achievements. The current owners of the Celtics are the Boston Basketball Partners LLC. The organization is coached by Dock Rivers. The Celtics are worth $730 million dollars and they generate close to $20 million dollars a year. The team’s colors are green, white, black and gold.
3. Chicago Bulls
The greatest basketball player of all time, Michael Jordan, had made the Chicago Bulls his home team during the highlight of his career. The Bulls are not just known for Jordan but has also produced many other players of note over the years which include Nate Thurman, Scottie Pippen, Dennis Rodman and Derrick Rose. Coach Phil Jackson is also a remembered and honored member of the Bulls organization. The Bulls is worth $883 million dollars and generates $34 million dollars in profits. This organization had dominated the 1990s under Michael Jordan and won a total of 6 championships. The current owner of the Bulls is Jerry Reinsdorf and the present head coach is Tom Thibodeau. The Bulls uniform consists of red, black and white. The Bulls were founded in 1996.
2. Los Angeles Lakers
The Los Angeles Lakers is one of the finest and most recognized teams within the NBA. This organization has won a total of 17 championships and their uniform colors are purple, gold and white. The Lakers have a long standing history that began in 1946 and this team’s legacy is still being formed until this very day. The Lakers organization is worth $1 billion dollars and it’s the second most expensive team in the NBA. This franchise would actually be the number one rated team in terms of economic value if it generated as much money as the Nicks. To date, the Lakers organization generates a whopping $48 million dollars a year. Famous players such as Shaquille O’Neal, Kobe Bryant, Wilt Chamberlain, Kareem Abdul-Jabbar, Jerry West, James Worthy, Magic Johnson and Karl Malone all wore Lakers uniform at some point in time during their careers. The current owners of the organization is the Buss family and the head coach is Mike D’ Antoni.
1. New York Nicks
The number one rated NBA team in terms of economic value and power are the New York Knicks. This organization is worth $1 billion dollars and it generates close to $85 million dollars a years. The Knicks were founded in 1946 and have won 2 championships in their long history. The team’s colors are orange, blue, white and gray. Notable players for the Knicks include Patrick Ewing, Earl Monroe and Dick McGuire. The organization is presently owned by the Madison Square Garden Company and the organization’s head coach is Mike Woodson.
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