The Chicago Bulls Are One of Just Six NBA Franchises Valued Over Three BILLION Dollars
If you happen to have a few billion-dollars lying around (check those golden couch cushions, people), I know what you can spend it on.
According to Sportico, the Chicago Bulls are currently valued at $3.14 billion, which puts them as the sixth-most valuable franchise in the NBA.
1. New York Knicks – $5.42 billion
2. Golden State Warriors – $5.21 billion
3. Los Angeles Lakers – $5.14 billion
4. Brooklyn Nets – $3.40 billion
5. Boston Celtics – $3.18 billion
6. Chicago Bulls – $3.14 billion
7. Houston Rockets – $2.77 billion
8. Los Angeles Clippers – $2.63 billion
9. Dallas Mavericks – $2.58 billion
10. Toronto Raptors – $2.55 billion
When compared to the Forbes rankings from February of last year, the Bulls have dropped two spots. The organization was previously valued ahead of the Nets and Celtics at $3.2 billion. Sportico lists the Bulls as having suffered a -6 percent decrease in 2019-20 due to COVID-related impacts. For what it’s worth, that still happens to be less than each franchise ahead of them in the rankings with the exception of Golden State (-2%).
At the end of the day, there is no groundbreaking information provided here. The Bulls will expectedly be near the top of these rankings each year, but I do think it will be interesting to see how the franchise can be impacted by some newfound success. Still, no matter the on-court progress, there is little chance Jerry Reinsdorf will find himself in the top-3 any time soon.
Anyway, for a closer look at how each team shapes up, make sure to check out Sportico’s interactive tool here.