According to the most recent data compiled by Forbes’ Mike Ozanian and Justin Teitelbaum, the Boston Celtics are the fifth most valuable franchise in the NBA. The financial magazine stated the top five most valuable clubs are, in order, the Golden State Warriors, New York Knicks, Los Angeles Lakers, Chicago Bulls, and Celtics.
Boston was valued at a whopping $4 billion this year. Golden State, at the top of Forbes’ list of valuated franchises, is worth roughly $7 billion. The Warriors raked in a total of $250 million in premium seating alone last season to help them elevate to first place on the list
NBA teams are now, on average, worth $2.86 billion, up 15% from last year. This growth is partly driven by record sponsorship revenue, and franchises around the league are making money across the board. This means owners are pocketing annual profits while watching their initial investments – their respective franchises – grow in value over time.
The Celtics are “looking to fill holes in the frontcourt and on the wings,” reportedly. https://t.co/uSsKrCAVsU
— The Celtics Wire (@TheCelticsWire) October 27, 2022