NetsDaily · Jan 20, 2016
Forbes: Nets valued at $1.7 billion; 7th most valuable NBA franchise
Noah K. Murray-USA TODAY SportsForbes has released their 2016 NBA franchise values, in which they have ranked the Brooklyn Nets as the 7th most valuable franchise in the league, estimating their worth at $1.7 billion.
That puts them behind the New York Knicks, who are first, at $3 billion, the Los Angeles Lakers, Chicago Bulls, Boston Celtics, Los Angeles Clippers and Golden State Warriors. Not bad company, especially for an 11-31 team.
Forbes notes the Nets' revenue as $220 million, but also estimates a operating income at -$5.7 million. Yes, that's a loss.