2014 Forbes Team Valuations
Posted: Wed Jan 22, 2014 6:29 pm
#13 Los Angeles Clippers
Current value: $575 million
Revenue: $128 million
Operating profit: $15 million
The popularity of the Clippers has surged in recent years led by All-Star point guard Chris Paul and highlight reel staple Blake Griffin. TV ratings for Clippers games on Prime Ticket surged 55% last year and commanded the fifth biggest audiences in the NBA. The Clippers signed a 10-year extension of their lease at Staples last year that ties the team to the arena at least through the 2023-24 season.
Kurt Badenhausen, Forbes
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The Clippers signed their most recent TV deal with Prime Ticket in 2009. The deal was for 7 seasons and Blake had yet to play a game. Factor in the players and the coach and the next deal should benefit the Clippers much more. Plus the NBA will be negotiating a new TV deal soon as well that will benefit every team.