Page 6 - Team Value News Today

How much are the Nets worth ... and did James Harden trade enhance their value?!? Share this story Photo by Nathaniel S. Butler/NBAE via Getty Images Sportico, the sports business site, is the latest website to try to value the NBA’s 30 teams and in its analysis, out Monday, put the Nets valuation at $3.4 billion — about what Joe Tsai paid for it in September 2019 — making Brooklyn the league’s fourth most valuable. Only the Knicks, Warriors and Lakers ranked higher with New York’s v...

Million a year by some estimates, which is a lot, but not the big picture. >> in the first few years, profits are going to be very minimal. this isnt something hes buying because he wants to make money. this is someone who is going to take 10% of their net worth and theyre going to buy a sports team in l.a., which is going to give them a lot of prestige. >> reporter: for $2 billion, there is plenty of prestige, a way for the wealthy to diversify investments and with a salary cap in place, nba ow...