Despite winning back-to-back championships, selling out arenas around the league and having the best, and most marketable, player on the court, the Miami Heat is the NBA’s seventh most valuable franchise, according to Forbes.
Micky Arison owns a team worth $770 million, up by 23 percent from last season, according to the report. LeBron James is the second-highest grossing player behind Kobe Bryant. Dwyane Wade checks in at fifth.
The New York Knicks head the lot with a value of $1.4 billion, followed by the Los Angeles Lakers at $1.35 billion, the Chicago Bulls at $1 billion, the Boston Celtics at $875 million, the Brooklyn Nets at $780 million and the Houston Rockets at $775 million.
The average NBA team is worth $634 million, up 25 percent from last season.