MENU
component-ddb-728x90-v1-01-desktop

How much are the Spurs worth?

SAN ANTONIO - When you get right down to it, basketball is a business. And how well a team performs on the court doesn't always mean a team is successful financially. Every NBA team is worth more this year than last, according to Forbes. That includes the Spurs. Forbes says the Spurs are worth $1.175 billion.

The Knicks remain in the top spot for the second consecutive year. The team is now worth $3.3 billion, which is a 10% value increase from 2016. Three NBA teams, Cleveland Cavaliers, Los Angeles Clippers and Oklahoma City Thunder, lost money last season

The league’s 30 teams generated $5.9 billion in revenue last season, up 13% from the 2016 valuations and another record high for the league. The average NBA franchise value is $1.36 billion, up 9% over last year.

The 2017 Top 10 Most Valuable Teams in the NBA:

1 New York Knicks
2 Los Angeles Lakers
3 Golden State Warriors
4 Chicago Bulls
5 Boston Celtics
6 Los Angeles Clippers
7 Brooklyn Nets
8 Houston Rockets
9 Dallas Mavericks
10 Miami Heat
11 Cleveland Cavaliers
12 San Antonio Spurs
13 Toronto Raptors
14 Phoenix Suns
15 Sacramento Kings
16 Portland Trail Blazers
17 Oklahoma City Thunder
18 Washington Wizards
19 Orlando Magic
20 Utah Jazz
21 Detroit Pistons
22 Denver Nuggets
23 Atlanta Hawks
24 Indiana Pacers
25 Philadelphia 76ers
26 Memphis Grizzlies
27 Milwaukee Bucks
28 Charlotte Hornets
29 Minnesota Timberwolves
30 New Orleans Pelicans

CLICK HERE for the complete report...

Amazon files patent for parachuting packages from drones

Amazon has filed a patent for a parachute to delivery items via drone. Consumerist says Amazon believes taking the time for the drone to land isn’t an efficient use of time or energy. If this happens at all, it’s likely that only certain kinds of packages would be dropped. A package filled with delicate dishes wouldn’t go over so well with parachute delivery.

Facebook is taking on LinkedIn by letting businesses post job listings

Facebook is taking on LinkedIn. It’s adding job listings to its news feed. Facebook's VP of ads told Business Insider that the feature is rolling out after a Facebook-commissioned survey of small business owners in the US that showed the hardest problem they had is finding the right people to hire.

Confusing food labels about to get simpler

New labels will roll out in the summer of 2018. The multitude of labels we have now will be reduced to two. One is 'best if used by' which indicates quality. 'use by' would indicate when a food should be consumed before it goes bad or has safety concerns.

Trending