Amid A Rumored Selling Spree, The Most Valuable NBA Franchises Including The Warriors and Lakers

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The Phoenix Suns have been attracting interest from several buyers in the past few weeks. Ever since Robert Sarver’s announcement that the NBA franchise is up for sale, many big names have been reportedly interested. Earlier in September, Amazon founder and CEO, Jeff Bezos was reportedly considering buying the $2.6 billion worth Phoenix Suns. However, reports have since cooled down in the past month.

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Rumored Selling Spree?

According to a September report, Jeff Bezos was considering bidding for Suns. Many other suitors were reported to engage in a bidding war for the NBA side, such as Disney CEO Bob Iger, former Oracle CEO Larry Ellison, and Laurene Jobs. However, the Suns are still up for sale.

richest club in NBA

With a 100% increase in valuation since the 2017–18 NBA season, the Golden State Warriors are the fastest-growing NBA franchise ($3.5 billion to $7 billion).

according to the reports

New York Knicks ($5.8 billion), Golden State Warriors ($5.6 billion) and Los Angeles Lakers ($5.5 billion) hold the top three NBA franchise values, which for the first time exceed $5 billion.

According to Forbes Due to their lucrative local TV deals and expensive arenas with luxury seating and advertising, these three teams usually generate the most revenue in the league.

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