New York (AFP) - They may have been buffeted by crises on and off the court, but the New York Knicks remain the most valuable franchise in the NBA, Forbes reported on Wednesday.
The Knicks are languishing in the bottom half of the Eastern Conference after a 23-33 start to the season which last week saw former star Charles Oakley banned from attending home games by team owners.
But the poor form and off-court soap operas have done nothing to diminish the Knicks' money-spinning value, according to Forbes.
The magazine said in its annual survey of NBA team valuations that the Knicks were now worth an estimated $3.