Boston Celtics check in as NBA’s fifth most valuable team in new assessment
The average value of teams in the Association has continued to climb despite the ongoing pandemic, with Sportico reporting on Monday that the average value of an NBA franchise to have risen to $2.4 billion, up from $2 billion in 2020.
The Boston Celtics check in as the league’s fifth-most valuable franchise in the league at a total valuation of $3.18 billion, just ahead of the Chicago Bulls at $3.14 billion and just behind the Brooklyn Nets at $3.4 billion. The New York Knicks ($5.42 billion), Golden State Warriors ($5.21 billion), and Los Angeles Lakers ($5.14 billion) round out the top three most valuable franchises in the NBA.
The New Orleans Pelicans have the ignominious honor of being the least valuable franchise in the league but are still worth a whopping $1.35 billion even so.
Every player in Boston Celtics history who wore No. 54 https://t.co/LNnOZKFSSW
— The Celtics Wire (@TheCelticsWire) August 31, 2021
Something tells us the team’s owners aren’t losing too much sleep over their franchise equity at that number.
This post originally appeared on Celtics Wire. Follow us on Facebook!
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