NBA Team Values 2018by Forbes Middle East Forbes Middle East - Business News
A weeklong selloff wiped $4 trillion from global stock markets, but dont expect the value of NBA teams to suffer. Recommended Features
- Global Stock Markets
- NBA Teams
- U.S. Sports League
- Brooklyn Arena
Review on NBA Team Values 2018The average team is worth a record $1.65 billion, 22% more than last year, and every team is worth at least $1 billion for the first time. Franchise values have tripled over the past five years. Credit the leagues economics, in particular its international growth prospects, which are the best of any major U.S. sports league.
Its not outrageous anymore to envision a sports world in which NBA teams are worth more than their NFL counterparts. Investors believe the NBA has far greater potential to grow overseas than the NFL, which has struggled beyond the United States. NBA revenue outside the U.S. is growing at a rate in the high teens annually.
Related to NBA Team Values 2018
Created on Feb 12th 2018 02:27. Viewed 296 times.
No comment, be the first to comment.