Warriors News: Forbes Ranks Golden State As 7th-Most Valuable NBA Franchise

The Golden State Warriors' stock is going up - both on and off the court.

According to Forbes, the Warriors are one of 11 NBA teams worth at least $1 billion. With the franchise now valued at $1.3 billion, the Warriors are now worth nearly a full billion dollars more than Joe Lacob and Peter Guber paid for them back in 2010 - former owner Chris Cohan sold the franchise to their investment group for a then-record $450 million.

On the whole, NBA teams are worth an average of $1.1 billion this year, a 74% increase from the previous year's totals. Last year, only three teams - the Lakers, Knicks and Bulls - were valued at over $1 billion. According to Forbes, the new collective bargaining agreement signed by the league and the players in 2011 has helped distribute revenue more evenly and has led to fewer teams losing money - in 2014, only the Nets were operating at a loss, thanks to their expensive taste in veteran players.

Here's a look at the top 11 franchises - you can check out Forbes' valuations of all 30 NBA teams here.

1. Los Angeles Lakers: $2.6B

2. New York Knicks: $2.5B

3. Chicago Bulls: $2.0B

4. Boston Celtics: $1.7B

5. Los Angeles Clippers: $1.6B

6. Brooklyn Nets: $1.5B

7. Golden St. Warriors: $1.3B

8. Houston Rockets: $1.25B

9. Miami Heat: $1.175B

10. Dallas Mavericks: $1.15B

11. San Antonio Spurs: $1B

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