If the value of NBA teams tells a story, it’s this: The league is flourishing.
With big-name stars like LeBron James, Kevin Durant, Steph Curry, James Harden, and Russell Westbrook making ridiculously athletic plays every night, the NBA has a daily highlight reel of positive PR. That's helped teams continue to increase their value.
Forbes put together a list of the most valuable NBA franchises, and found that every team in the league is worth at least $1 billion.
Here’s a look at the top 10 most valuable NBA franchises in 2018.
Here’s a look at the team values for everyone outside the top 10.
30. New Orleans Pelicans: $1 billion
29. Memphis Grizzlies: $1.025 billion
28. Charlotte Hornets: $1.05 billion
27. Minnesota Timberwolves: $1.06 billion
26. Milwaukee Bucks: $1.075 billion
25. Detroit Pistons: $1.1 billion
24. Denver Nuggets: $1.125 billion
23. Atlanta Hawks: $1.15 billion
22. Indiana Pacers: $1.175 billion
21. Philadelphia 76ers: $1.18 billion
20. Utah Jazz: $1.2 billion
19. Orlando Magic: $1.225 billion
18. Oklahoma City Thunder: $1.25 billion
17. Phoenix Suns: $1.28 billion
16. Portland Trail Blazers: $1.3 billion
15. Cleveland Cavaliers: $1.325 billion
14. Washington Wizards: $1.35 billion
13. Sacramento Kings: $1.375 billion
12. Toronto Raptors: $1.4 billion
11. San Antonio Spurs: $1.55 billion
Despite seeing their TV ratings drop last season, the Miami Heat are valued at $1.7 billion.
Even though they’re coming off their first losing season since Mark Cuban took over as owner, the Mavs are worth $1.9 billion.
Playing in LA has its perks: Even though the Clippers traded away franchise star Blake Griffin, the team has a value of $2.15 billion.
The Rockets got a new owner in October 2017 in Tim Fertitta, who paid $2.2 billion to take over. That’s where the value stands on the list.
Winning doesn’t always mean franchise value—case in point, the Brooklyn Nets. While the team has struggled on the court, it is currently valued at $2.3 billion.
The Celtics added Kyrie Irving in a blockbuster deal for the 2017-18 season, and it continues to pay off for the franchise: Boston is best in the Eastern Conference, and it's worth $2.5 billion.
Over the last eight seasons, the Chicago Bulls have led the NBA in attendance—that’s one reason why they’re worth $2.6 billion.
The defending NBA champions have two of the most popular players in the world—Kevin Durant and Steph Curry—and they’re the model for nearly every team in the league. They’re also worth $3.1 billion.
Even without making the playoffs in recent years, the Lakers keep adding value: The team is worth $3.3 billion.