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The New York Knicks are still the most valuable franchise in the NBA

The New York Knicks remain a dominant force in the NBA—just not on the court. According to Kurt Badenhausen of Forbes, the Knicks are the most valuable NBA franchise and the seventh most valuable in all of professional sports.

The Knicks are valued at $3.6 billion and are among eight NBA teams that crack the top 50. The NBA is coming under fire for lacking parity, but the money continues to pour into the league’s coffers.

The Knicks haven’t had any kind of sustained success in this millennium and yet, they’re still the top NBA dog on Forbes’ rankings.