NEW YORK, NY - NOVEMBER 03: Kristaps Porzingis #6 of the New York Knicks reacts after a dunk in the fourth quarter against the Phoenix Suns at Madison Square Garden on November 3, 2017 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement (Photo by Elsa/Getty Images)
The most valuable franchise in the NBA? It’s not the Lakers or the Warriors – but the lowly Knicks.
According to Forbes, the Knicks are valued at $4.6 billion – more than double the average team valuation of $2.1 billion.
The Lakers came in second at $4.4 billion, followed closely by the Warriors at $4.3 billion. The Bulls and Celtics rounded out the top five.
Lowest on the list were the New Orleans Pelicans at $1.35 billion and Memphis Grizzlies at $1.3 billion.
Katherine Viloria is Beasley Media Group's Fort Myers Digital Content Manager. She loves to write, snap photos, and watch Grey's Anatomy. Connect with her on Instagram @alittlethisalittlekat