The New York Knicks hold the top spot with an estimated $ 5 billion worth. Not even one of the worst sports owners in James Dolan can knock them out from their highest perch.
Even in the midst of a global pandemic, the percentage change in the value of the Knicks increased 9% year-over-year. While playing in the country’s largest media market and sacred Madison Square Garden helps their value greatly, the Golden State Warriors and Los Angeles Lakers are right behind them with $ 4.7 billion and $ 4.6 billion for 2021, respectively.
While the squad was competent in the 90s with Patrick Ewing as the star, the Knicks had a fantastic year with Carmelo Anthony and has pretty much been like that ever since.
Eventually, the Knicks will increase in value over time, regardless of what the rest of Dolan’s estate looks like. If he ever sells the team, someone will have to pay a lot of money for it. While his team can claim bragging rights in this one area of the sport, don’t be shocked if better managed organizations like Golden State or Los Angeles soon overtake the Knicks.
The Knicks could be worth well over $ 10 billion before they win their next NBA championship.