Everyone knows the Los Angeles Lakers are valuable. With 16 titles and one of the biggest media markets in the league, that the team is worth a ton of money is obvious.
But just how much are the Lakers worth? As they do every year, Forbes attempted to answer that question, and calculated that L.A.’s favorite basketball franchise is worth an estimated $3.3 billion, a whopping 10 percent increase in value from the year before.
The Lakers’ jump in worth made them the eighth-most valuable professional sports franchise in the world and the second-most valuable NBA team, trailing the New York Knicks by $0.