Forbes: Most Valuable NBA Teams

Each year, Forbes comes out with a report that lists the most valuable teams in the NBA. The 2011 version of the list has one big change. Despite winning back-to-back championships, the Los Angeles Lakers are no longer the NBA’s most valuable team. Instead, that honor belongs to the New York Knicks, who saw their franchise’s value jump a whopping 12% in the last year.

Here’s a look at the top ten most valuable NBA teams:

1. New York Knicks – $655 (+12%)

The Knicks are bringing in the dough (Image: TSN.ca)

2. Los Angeles Lakers – $643 (+6%)

3. Chicago Bulls – $511 (+0%)

4. Boston Celtics – $452 (+5%)

5. Houston Rockets – $443 (-6%)

6. Dallas Mavericks – $438 (-2%)

7. Miami Heat – $425 (+17%)

8. Phoenix Suns – $411 (-4%)

9. San Antonio Spurs – $404 (+1%)

10. Toronto Raptors – $399 (+3%)