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Forbes.com: The Most Valuable NBA Teams

1. New York Knicks

Value: $1.1 billion
Profit: $83 million

The Knicks’ home arena, Madison Square Garden, is in the final stages of a $980 million renovation, to be completed this summer. The makeover resulted in an NBA-leading $243 million in revenue last season. Another plus: better play. In 2012, the Knicks won a playoff game for the first time since 2001. (Getty Images)

More From Forbes:
The NBA’s Highest-Paid Players
NBA’s Best Teams for the Buck
The NBA’s Most and Least Profitable Teams



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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