Dallas Mavericks ranked as an eighth most valuable team in NBA

The popularity of the NBA continues to grow.

Forbes released its annual ranking for most valuable NBA franchises and the Dallas Mavericks made the top 10.

Vernon Bryant/Staff Photographe

Mark Cuban’s Mavericks ranked eighth on the list with a value of $1.9 billion, according to Forbes.

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The average NBA team is also worth $1.9 billion, which is a 13 percent increase from last year.

The growth of the NBA is attributed to the booming local media deals, new arenas and the popularity of the game overseas.

For the fourth straight year, the New York Knicks are ranked as the league’s richest franchise at $4 billion. The Los Angeles Lakers are right behind the Knicks at $3.7 billion.

The Knicks are tied with the neighboring Yankees as the second most valuable sports franchise in the United States. All U.S. clubs are looking up at the Dallas Cowboys who are worth $5 billion. 

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Top 10 most valuable NBA franchises

New York Knicks$4 billion
Los Angeles Lakers$3.7 billion
Golden State Warriors$3.5 billion
Chicago Bulls$2.9 billion
Boston Celtics$2.8 billion
Brooklyn Nets$2.3 billion
Houston Rockets$2.2 billion
Los Angeles Clippers$2.15 billion
Dallas Mavericks$1.9 billion
Miami Heat$1.7 billion

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