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