Forbes: Knicks most valuable NBA team again

[Khalid802]

"NEW YORK (AP) -- For the fourth straight year, and despite front office and player turmoil, the New York Knicks are the NBA's most valuable team.

The Knicks are worth $613 million, according to Forbes' latest rankings, an increase of 1 percent over their 2007 value. Throughout the past year, the franchise has made many headlines off the court, ranging from former team president Isiah Thomas being found guilty in a sexual harassment lawsuit to guard Stephon Marbury's feud with management and coach Mike D'Antoni.

For the fourth consecutive year, the Los Angeles Lakers are ranked second by Forbes, at $584 million, up from $560 million.

Rounding out the top five are the Chicago Bulls at $504 million; the Detroit Pistons at $480 million; and the Cleveland Cavaliers at $477 million.

The biggest change in value belongs to the Portland Trail Blazers, who increased by 21 percent to $307 million. They still rank only 20th out of 30 franchises.

Also showing a huge increase are the NBA champion Boston Celtics, up to $447 million from $391 million.

The biggest drop in value hit the New Jersey Nets, who fell 13 percent to $295 million, 26th overall. The Nets have had delays in their plans to build and move into a new arena in Brooklyn.

Below the Nets are the Memphis Grizzlies ($294 million), New Orleans Hornets ($285 million), Charlotte Bobcats ($284 million) and Milwaukee Bucks ($278 million).

The average team value is $379 million.

Forbes ranked the value of franchises in the other major pro sports earlier this year. The Dallas Cowboys topped the NFL at more than $1.6 billion, the New York Yankees led baseball at over $1.3 billion and the Toronto Maple Leafs led the NHL at $448 million."

It's not surprising that the teams from the biggest cities are worth the most. Imagine how much Lebron has added value for the Cavs for them to be ranked in 5th place. It's also nice to see the value of Portland increase by 21%.

 

[damelo2]

I'd like to know how they can estimate the value...

And how comes a Football franchises have so much value compared to basketball and hockey, which I thought were the ones having most fans.

Are the marketing sales that good in football and baseball? entrances?

 

[Khalid802]

I'd like to know how they can estimate the value...

And how comes a Football franchises have so much value compared to basketball and hockey, which I thought were the ones having most fans.

Are the marketing sales that good in football and baseball? entrances?

Yo Damelo!
Here is some info. that might answer your questions. U do have to remember that the NFL and baseball arenas are huge compared to basketball and they're also played outdoors. Even though the NBA All Star Game is a huge event since especially since it takes place over the weekend, the SuperBowl that's played on Sunday is even more important as an event (Info was obtained from Wikipedia http://en.wikipedia.org/wiki/NFL):

"While baseball is known as "America's national pastime", football is the most popular sport in the United States. According to the Harris Poll, professional football moved ahead of baseball as the fans' favorite in 1965 and has remained America's favorite sport ever since. In a Harris Poll conducted in 2008, the NFL was the favorite sport of nearly as many people (30%) as the combined total of the next four professional sports--baseball (15%), auto racing (10%), hockey (5%), and men’s pro basketball (4%). Additionally, football's American TV viewership ratings now surpass those of other sports. Furthermore, college football is actually the third-most popular sport in the US, with 12% of survey respondents listing it as their favorite. Therefore, fully 42% of Americans consider some level of football their favorite sport.

The NFL has the highest per-game attendance of any domestic professional sports league in the world, drawing over 67,000 spectators per game for each of its two most recently completed seasons, 2006 and 2007. However, the NFL's overall attendance is only approximately 20% of that of Major League Baseball, due to MLB's much longer schedule (162-game scheduled regular season)

The television rights to the NFL are the most lucrative and expensive rights not only of any American sport, but of any American entertainment property. With the fragmentation of audiences due to the increased specialization of broadcast and cable TV networks, sports remain one of the few entertainment properties that not only can guarantee a large and diversified audience, but an audience that will watch in real time.

Annually, the Super Bowl often ranks among the most watched shows of the year. Four of Nielsen Media Research's top ten programs are Super Bowls. Networks have purchased a share of the broadcasting rights to the NFL as a means of raising the entire network's profile.

Under the current television contracts, which began during the 2006 season, regular season games are broadcast on five networks: CBS, FOX, NBC, ESPN, and the NFL Network.".

 

[damelo2]

Yo Damelo!
Here is some info. that might answer your questions. U do have to remember that the NFL and baseball arenas are huge compared to basketball and they're also played outdoors. Even though the NBA All Star Game is a huge event since especially since it takes place over the weekend, the SuperBowl that's played on Sunday is even more important as an event.

I know the power of football, especially the superbowl inside of the USA. i know the power of baseball in Japan. I know the power of hockey in Scandinavia(Sweden and Finland principally), and in Russia. But still... Basketball has more spread fans I think.
On the arena size, well, sure, inside sports are not played in bigger arenas than outside(soccer, rugby even here or Gaelic football in Ireland have bigger stadiums). But, on the plan of overall knowledge... Go outside the US! Who knows the cowboys?

 

[Khalid802]

I know the power of football, especially the superbowl inside of the USA. i know the power of baseball in Japan. I know the power of hockey in Scandinavia(Sweden and Finland principally), and in Russia. But still... Basketball has more spread fans I think.
On the arena size, well, sure, inside sports are not played in bigger arenas than outside(soccer, rugby even here or Gaelic football in Ireland have bigger stadiums). But, on the plan of overall knowledge... Go outside the US! Who knows the cowboys?

True bro.
B-ball is a much more popular international sport than hockey, American football (hence it's popularity in the U.S ), baseball, rugby, volleyball, etc.

Actually many critics consider b-ball as the second most popular sport after soccer.

By the way in addition to the countries that u mentioned above, in Canada hockey is by far the number one sport. Baseball in Cuba is also the most popular sport as well.

 

[damelo2]

True bro.
B-ball is a much more popular international sport than hockey, American football (hence it's popularity in the U.S ), baseball, rugby, volleyball, etc.

Actually many critics consider b-ball as the second most popular sport after soccer.

By the way in addition to the countries that u mentioned above, in Canada hockey is by far the number one sport. Baseball in Cuba is also the most popular sport as well.

Yes, Canada, well, it's obvious. It was invented there, on saint Laurent River.
Cuba doesn't count for marketing rentability^^.