Here's where Nets rank on Forbes' top 50 most valuable sports teams list

Forbes released its 2019 version of the 50 most valuable sports franchises in the world on Monday, and all 50 teams have a value of at least $2 billion. 

Six New York teams made the cut, with two of those teams (Yankees and Knicks) leading their respective sports. No NHL or MLS teams made the top 50, although the Rangers are the highest-ranking hockey team at 72 with a value of $1.55 billion. 

Here are the local rankings, which are based on Forbes' published valuations over the past 12 months:

 

2. New York Yankees ($4.6 billion)

5. New York Knicks ($4 billion)

T-10. New York Giants ($3.3 billion)

21. New York Jets ($2.85 billion)

37. Brooklyn Nets ($2.35 billion)

T-38. New York Mets ($2.3 billion)


Joe Tsai bought 49 percent of the Nets for $1 billion in 2018, where he has rights to buy the rest of the team for an additional $1.35 billion, resulting in an NBA-record $2.35 billion price tag. They became the third NBA franchise to be sold for at least $2 billion since 2014 and are the sixth most valuable NBA franchise. 

While the Nets may have beaten the Knicks in free agency, their crosstown rival is ranked the most valuable NBA franchise at $4 billion.