Chicago Bulls: Still Extremely Valuable

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Chicago Bulls: Still Extremely Valuable

Chicago Bulls

Forbes’ annual list of the most valuable franchises in the NBA is here, and the Chicago Bulls remain locked at the No. 4 spot.

Here’s a peek at the latest Top-10:

1. Golden State Warriors ($7 billion)
2. New York Knicks ($6.1 billion)
3. Los Angele Lakers ($5.9 billion)
4. Chicago Bulls ($4.1 billion)
5. Boston Celtics ($4.0 billion)
6. Los Angeles Clippers ($3.9 billion)
7. Brooklyn Nets ($3.5 billion)
8. Dallas Mavericks ($3.3 billion)
9. Houston Rockets ($3.2 billion)
10. Philadelphia 76ers ($3.15 billion)

You can read the complete list here.

According to the publication, while the Bulls remain in the same relative position, they have seen an estimated 12 percent growth from last year. I think it’s safe to that a return to the postseason for the first time since 2016-17 helped fuel that boosted number, as did the All-Star branding of both DeMar DeRozan and Zach LaVine.

As happy as I am that the franchise remains among the league elites, I also can’t help but grind my teeth every time I’m reminded of just how valuable this organization is. The ownership group has long spent like a small market team, and they are currently the only team within the Top-8 most valuable franchises not to have a luxury tax payment this season.

Don’t get me wrong, I’m not saying you should pay the tax just to pay the tax, but it SUCKS that the Bulls have always been so unwilling to write a dang check. The fact of the matter is that if you want to win a championship in this league, you have to spend the money. Let’s just hope that paying Zach LaVine the big bucks is a sign of what’s to come (I highly doubt it since they refused to use their full MLE to stay under the tax this summer … but a boy can dream).

Author: Elias Schuster

Elias Schuster is the Lead Bulls Writer at Bleacher Nation. You can follow him on Twitter @Schuster_Elias.