Ranked: Which NBA Team Takes Home the Most Revenue?

Visual Capitalist

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June 18, 2024 Article/Editing:

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Which NBA Team Takes Home the Most Revenues?

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The NBA is projected to earn $13 billion in revenue this year before revenue sharing and debt payments, a 11% jump from last season, driving NBA team valuations even higher.

Since 2005, NBA team valuations have increased faster than any other major U.S. league by a wide margin. For perspective, the rise in their combined valuation has exceeded growth in the S&P 500 by more than threefold during this time period.

This graphic shows the top NBA teams by revenue, based on data from JP Morgan Asset Management.

Ranked: The Highest-Earning NBA Teams

Below, we show the revenue of all 30 NBA teams as of the 2022-2023 season:

RankingTeam2022-2023 Season
RevenueValuation 1Golden State Warriors$765M$7.7B 2Los Angeles Lakers$516M$6.4B 3New York Knicks$504M$6.6B 4Boston Celtics$443M$4.7B 5Dallas Mavericks$429M$4.5B 6Los Angeles Clippers$425M$4.7B 7Houston Rockets$381M$4.4B 8Chicago Bulls$372M$4.6B 9Philadelphia 76ers$371M$4.3B 10Miami Heat$371M$3.9B 11Brooklyn Nets$367M$3.9B 12Phoenix Suns$366M$4.0B 13Denver Nuggets$348M$3.4B 14Cleveland Cavaliers$348M$3.4B 15Milwaukee Bucks$329M$3.2B 16Atlanta Hawks$326M$3.3B 17Washington Wizards$323M$3.5B 18San Antonio Spurs$319M$3.3B 19Toronto Raptors$305M$4.1B 20Portland Trail Blazers$300M$3.1B 21Sacramento Kings$289M$3.3B 22Utah Jazz$274M$3.1B 23Detroit Pistons$274M$3.1B 24Charlotte Hornets$269M$3.0B 25Oklahoma City Thunder$267M$3.1B 26Indiana Pacers$263M$2.9B 27New Orleans Pelicans$262M$2.6B 28Orlando Magic$261M$3.0B 29Minnesota Timberwolves$259M$2.5B 30Memphis Grizzlies$258M$2.4B

Revenue figures are net of arena debt service and revenue sharing

With $765 million in revenue, the Golden State Warriors are the highest-earning team in the league, thanks to the stellar performances of all-star players Klay Thompson, Stephen Curry, and Draymond Green.

These players were instrumental in driving the valuation of the franchise, which grew from $1.5 billion in 2015 to a remarkable $7.7 billion in 2023. At this valuation, the Golden State Warriors are the second-most valuable sports team in America, following after the

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