Knicks top Forbes' 2021-22 list of most valuable NBA teams

Nathaniel S. Butler / National Basketball Association / Getty

The New York Knicks are the most valuable NBA franchise entering the 2021-22 season.

The Knicks claimed the top spot on Forbes' annual team valuations list for the seventh straight year with an estimated worth of $5.8 billion.

Rounding out the top five are the Golden State Warriors ($5.6 billion), Los Angeles Lakers ($5.5 billion), Chicago Bulls ($3.65 billion), and Boston Celtics ($3.55 billion). This marks the first time in NBA history that three franchises are worth more than $5 billion.

On average, NBA team values are up 13% since Forbes published its previous list in February. Forbes' Mike Ozanian contributes the increase to "record sponsorship revenue and high expectations for the league's next media rights deal."

Here are the complete rankings:

RANK TEAM VALUE
1. New York Knicks $5.8B
2. Golden State Warriors $5.6B
3. Los Angeles Lakers $5.5B
4. Chicago Bulls $3.65B
5. Boston Celtics $3.55B
6. Los Angeles Clippers $3.3B
7. Brooklyn Nets $3.2B
8. Houston Rockets $2.75B
9. Dallas Mavericks $2.7B
10. Toronto Raptors $2.48B
11. Philadelphia 76ers $2.45B
12. Miami Heat $2.3B
13. Portland Trail Blazers $2.05B
14. Sacramento Kings $2B
15. San Antonio Spurs $1.98B
16. Washington Wizards $1.93B
17. Milwaukee Bucks $1.9B
18. Phoenix Suns $1.8B
19. Utah Jazz $1.75B
20. Denver Nuggets $1.73B
21. Atlanta Hawks $1.68B
22. Indiana Pacers $1.67B
23. Cleveland Cavaliers $1.65B
24. Orlando Magic $1.64B
25. Oklahoma City Thunder $1.63B 
26. Detroit Pistons $1.58B
27. Charlotte Hornets $1.575B
28. Minnesota Timberwolves $1.55B
29. New Orleans Pelicans $1.53B
30. Memphis Grizzlies $1.5B
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Knicks top Forbes' 2021-22 list of most valuable NBA teams
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