The allure of the NBA extends far beyond the court, with the financial power and influence of its franchises becoming a central theme in the sports industry. As we analyze the landscape of NBA franchise valuations in 2025, we uncover remarkable stories of growth and resilience. From historic teams to those that have redefined success through innovative strategies, this list highlights the top ten most valuable NBA franchises and the factors driving their impressive valuations.

10. Philadelphia 76ers: The Process Pays Off in Philly

Philadelphia 76ers center Joel Embiid shoots in the first half against the Detroit Red Wings at Little Caesars Arena on Feb. 7, 2025, in Detroit.
Rick Osentoski-Imagn Images

The 76ers’ value has skyrocketed to $4.9 billion in 2025, a 7% increase from the previous year. “The Process” has finally yielded results, with the team’s success on the court translating to financial gains. Philadelphia’s loyal fan base and strategic management have positioned the franchise as a top-10 most valuable NBA team.

9. Dallas Mavericks: Lone Star State’s Basketball Gem

Dallas Mavericks forward Anthony Davis celebrates during the second quarter against the Houston Rockets at American Airlines Center on Feb. 8, 2025, in Dallas.
Jerome Miron-Imagn Images

The Dallas Mavericks, valued at $5 billion, rank ninth among NBA franchises. Despite a modest 4% increase from last year, the team boasts a strong $158 million operating income. With a 28-26 record as of February 2025, the Mavericks continue to captivate fans and investors alike in the competitive Texas market, but the tide looks like it could be changing with many Mavericks season-ticket holders boiling mad following the trade of Luka Doncic to the Lakers for Anthony Davis.

8. Los Angeles Clippers: The Other L.A. Team’s Rising Stock

Los Angeles Clippers owner Steve Balmer addresses the crowd before tipoff of a game against the Portland Trail Blazers at Climate Pledge Arena on Oct 3, 2022, in Seattle.
Joe Nicholson-USA TODAY Sports

The Los Angeles Clippers have seen a significant increase in value, reaching $5.4 billion in 2025. Under Steve Ballmer’s ownership, the team’s worth has grown by 18% from the previous year. Despite being overshadowed by their city rivals, the Lakers, the Clippers continue to solidify their position as one of the NBA’s most valuable franchises.

7. Boston Celtics: Historic Franchise with Modern Worth

Boston Celtics forward Jayson Tatum (0) and guard Jaylen Brown (7) celebrate with the Larry O’Brian Trophy after beating the Dallas Mavericks in Game 5 of the 2024 NBA Finals to win the NBA Championship at TD Garden on June 17, 2024, in Boston.
Peter Casey-USA TODAY Sports

The Boston Celtics, valued at $5.5 billion, continue to be a powerhouse both on and off the court. With 17 championships and a star-studded roster including Jayson Tatum and Jaylen Brown, the Celtics remain a top draw. The team’s impending sale is expected to set a new NBA record, potentially reaching $7 billion.

6. Brooklyn Nets: Brooklyn’s Billion-Dollar Basketball Brand

Feb 12, 2025; Brooklyn, New York, USA; Brooklyn Nets forward Jalen Wilson (22) reacts during the fourth quarter against the Philadelphia 76ers at Barclays Center. Mandatory Credit: Brad Penner-Imagn Images

The Brooklyn Nets have skyrocketed in value, reaching $5.6 billion in 2025. This 43% increase from the previous year propelled them to the sixth most valuable NBA franchise. The Barclays Center’s success as a top-grossing arena significantly contributed to this valuation boost.

5. Houston Rockets: Texas-Sized Value in Space City

Mar 5, 2024; Houston, Texas, USA; Houston Rockets owner Tilman Fertitta smiles during the third quarter against the San Antonio Spurs at Toyota Center. Mandatory Credit: Troy Taormina-USA TODAY Sports

The Houston Rockets have skyrocketed to a $5.7 billion valuation in 2025, securing the 7th spot among NBA franchises. Despite recent on-court struggles, the team’s financial performance remains stellar, with a robust $160 million operating income. The Rockets’ value has surged by 11% since 2024, showcasing the franchise’s enduring appeal in the competitive Texas market.

4. Chicago Bulls: Windy City’s Enduring Basketball Legacy

The Chicago BullsÕ Luvabulls perform during the second half at the United Center on Feb 12, 2025, in Chicago.
Matt Marton-Imagn Images

Valued at $5.8 billion, the Chicago Bulls maintain their iconic status despite recent struggles. The franchise’s rich history, including six championships during the Michael Jordan era, continues to drive fan engagement and merchandise sales. With a loyal fanbase and global recognition, the Bulls remain a cornerstone of NBA culture.

3. Los Angeles Lakers: Hollywood’s Glittering Franchise

Los Angeles Lakers owner and president Jeanie Buss attends a game against the Utah Jazz at Crypto.com Arena on Feb. 10, 2025, in Los Angeles.
Jayne Kamin-Oncea-Imagn Images

The Los Angeles Lakers maintain their status as one of the NBA’s crown jewels, valued at $7 billion in 2025. With a rich history of 17 championships and a star-studded legacy, the Lakers continue to dominate both on and off the court. Their Hollywood connections and global fanbase contribute significantly to their financial success, solidifying their position as the third most valuable NBA franchise.

2. New York Knicks: The Big Apple’s Billion-Dollar Team

New York Knicks executive chairman James Dolan sits courtside during the second quarter against the Atlanta Hawks at Madison Square Garden on Dec 11, 2024 in New York City.
Brad Penner-Imagn Images

The New York Knicks rank second with a valuation of $7.5 billion, up 14% from last year. Despite on-court struggles, the team’s iconic status and Madison Square Garden location continue to drive its financial success. The Knicks generated an impressive $182 million in operating income, showcasing their enduring profitability in the NBA landscape.

1. Golden State Warriors: Silicon Valley’s Basketball Powerhouse

Golden State Warriors majority owner Joe Lacob claps on the sideline after a game against the Chicago Bulls at Chase Center in San Francisco on Jan 23, 2025.
Kelley L Cox-Imagn Images

The Golden State Warriors top the list with a staggering $9.4 billion valuation. Their success stems from a potent mix of on-court dominance, including four NBA titles in the past decade, and off-court savvy. The team’s deep ties to Silicon Valley, state-of-the-art Chase Center, and record-breaking sponsorship revenue have propelled them to the pinnacle of NBA franchise values.

Conclusion

Feb 10, 2025; Los Angeles, California, USA; Owner and president of the Los Angeles Lakers Jeanie Buss attends the game against the Utah Jazz at Crypto.com Arena. Mandatory Credit: Jayne Kamin-Oncea-Imagn Images

As we conclude this exploration of the NBA’s most valuable franchises in 2025, it’s evident that a combination of on-court performance, strategic management, and geographic advantages have propelled these teams to extraordinary financial heights. From the Silicon Valley synergy of the Golden State Warriors to the enduring legacy of the New York Knicks, each franchise presents a unique narrative of triumph. These valuations not only reflect the current state of the league but also hint at the promising future of basketball as a global sport and business force.