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The New York Knicks are the most valuable franchise in the NBA for the sixth consecutive season, according to Forbes.

The Knicks are currently valued at $5 billion. 

The Warriors moved past the Lakers into second place with a $4.7 billion valuation. It is the first time since the Bulls in 2000 that the Lakers and Knicks were not the two most valuable teams in the league.

The average value of teams increased by 4% from last year to $2.2 billion, the smallest increase since 2010.

The average team lost 12% in profit last season, down to $62 million.

Forbes estimates that every team still delivered positive operating income, with the Warriors posting a record $200 million.

The Lakers, Bulls, and Celtics round out the top 5. 

Via Kurt Badenhausen & Mike Ozanian/Forbes

Most valuable team but cheap a.ss President, thanks Leon for putting together this mediocre team.

imDatknicksTape wrote:Most valuable team but cheap a.ss President, thanks Leon for putting together this mediocre team.

Would you have preferred they sign Gordon Hayward for 4 years 120M?

Only because of Madison Square Garden..

imDatknicksTape wrote:Most valuable team but cheap a.ss President, thanks Leon for putting together this mediocre team.

How is that Leon's fault? Knicks have been the laughing stock of the league for decades....this has actually been one of the better teams in a while lol

ontnut wrote:

imDatknicksTape wrote:Most valuable team but cheap a.ss President, thanks Leon for putting together this mediocre team.

Decades? Not really, Glen Grunwald who was a nobobdy put together a 54 win team within no time in 2013. Leon was praised by media as this mogul and a wizard but he has been garbage so far. Hell, bring back Steve Mills at this point. He atleast signed Randle and Morris Sr.

hayward having a good year bro

Rashidi wrote:

imDatknicksTape wrote:Most valuable team but cheap a.ss President, thanks Leon for putting together this mediocre team.

Would you have preferred they sign Gordon Hayward for 4 years 120M?

lonea wrote:hayward having a good year bro

Rashidi wrote:

imDatknicksTape wrote:Most valuable team but cheap a.ss President, thanks Leon for putting together this mediocre team.

Would you have preferred they sign Gordon Hayward for 4 years 120M?

Year one isn't the problem with the Hayward contract.