Many sports fans would probably think that the better a team is doing on the court, the more valuable the franchise is off the court, and in some cases that's true.
However, that's not always the case as many factors such as market, how far a team goes in the postseason, and sponsorships are just some of said factors that can change a franchise's value.
Wednesday, Forbes released their 19th annual NBA team valuations, and the for the second consecutive year, the New York Knicks took the top spot.
In comparison to last year's list, the same teams make up the top ten with Golden State seeing the biggest rise from six to three.
The Raptors also moved up, just one spot though from last season thanks to a deep playoff run that saw them reach the Eastern Conference Finals for the first time in franchise history.
Some friendly advice, if you have the money to own an NBA franchise, it's probably worth it as the average NBA franchise is now worth $1.36 billion, a 3.5-fold increase over the last five years, according to Forbes.
(H/T: Forbes)
