Celtics worth 2.2 Billion according to Forbes

[KG Living Legend]

 Celtics are #5 on the list.

 #4 Bulls 2.5 Billion
 #3 Warriors 2.6 Billion
 #2 Lakers 3 Billion
 #1 Knicks 3.3 Billion

 1 billion equals 1000 million. So the Celtics are worth 2200 Million dollars. I say we can pay the little guy.


 Also what was the purchase price for the Celtics when Wyc and coPany bought the team.

[KG Living Legend]

 Edit: 360 million dollars in 2002.  This is why it's laughable when reports come out by Forbes that the Cavs lost 40 million last year.

 The Celtics value has appreciated 1.9 Billion
 In 15 years. That's a disgusting profit. Can't stand when the richest men on earth try and pretend they are losing money.

[coffee425]

Celtics are #5 on the list.

 #4 Bulls 2.5 Billion
 #3 Warriors 2.6 Billion
 #2 Lakers 3 Billion
#1 Knicks 3.3 Billion

 1 billion equals 1000 million. So the Celtics are worth 2200 Million dollars. I say we can pay the little guy.


 Also what was the purchase price for the Celtics when Wyc and coPany bought the team.

And people think that Dolan would sell 

[manl_lui]

I'm interested in how they calculate the worth of a franchise.

[apc]

And 3 out of the top 5 are dysfunctional organizations...

[detour]

I'm interested in how they calculate the worth of a franchise.

I found this:

Although most sports franchises are privately held (versus publicly traded) concerns, they can be valued using generally accepted valuation methods. The most widely used method for determining sports franchise value is the guideline transaction method. The valuation process entails an analysis of the relationship between the price paid for a franchise and a relevant measure of team performance, typically revenue. This relationship between price and performance is evidenced in an implied valuation multiple, which is the ratio of price to revenue (or some other performance measure, such as earnings or cash flow). The selection of appropriate valuation multiples is a function of the specific facts and circumstances extant at the valuation date.

https://www.appraisaleconomics.com/sports-team-valuation-appraisal/

[saltlover]

 Edit: 360 million dollars in 2002.  This is why it's laughable when reports come out by Forbes that the Cavs lost 40 million last year.

 The Celtics value has appreciated 1.9 Billion
 In 15 years. That's a disgusting profit. Can't stand when the richest men on earth try and pretend they are losing money.

Don't think LeBron doesn't know this.  When he wants someone to be signed or traded for, regardless of luxury tax, this is why.

[BitterJim]

Not that I like to reserect the old posts, BUT:

This League in a few years will be the NHL of a few years ago.. Lockout for a year.
Until the disparity in Contracts is identified with marginal players making 10 plus mill, Above average players 15 + and Stars over 20 not to mention Superstars uniting to form super teams, College players leaving 2 years to early, the game officiated the way it is and if Cleveland lost 40 mill what did the Pelicans or Magic lose?

The NBA is a good game when two good teams are competing. But, there are only a few elite teams. In most cases outside of the Playoffs, regular season games are hard to watch..

The lockout is coming

What? This is utterly nonsensical. The NBA and NBPA signed a new CBA about a week ago. There literally cannot possibly be a lockout for nearly a decade.

At the current rate this League will not survive another Ten. MLB had a deal done and still were trying to eliminate the Twins and Rays several years later...

The game as constituted sucks. If Cleveland is correct in losing big smoke, how do you think they are doing in smaller markets where the Teams suck..

Owners can pull the plug anytime. Its coming...

I think they're all making money, with the exception of some teams that are trying to compete (The Cavs, Clippers, OKC from last year) and are paying a lot of luxury tax. They'll be (more than) fine

[saltlover]

For some perspective:

Dan Feldman‏ @DanFeldmanNBA

In 2011, the Knicks led Forbes' NBA valuations at $655 million.

That would rank last in the league today.

[Cman]

I'm interested in how they calculate the worth of a franchise.

I found this:

Although most sports franchises are privately held (versus publicly traded) concerns, they can be valued using generally accepted valuation methods. The most widely used method for determining sports franchise value is the guideline transaction method. The valuation process entails an analysis of the relationship between the price paid for a franchise and a relevant measure of team performance, typically revenue. This relationship between price and performance is evidenced in an implied valuation multiple, which is the ratio of price to revenue (or some other performance measure, such as earnings or cash flow). The selection of appropriate valuation multiples is a function of the specific facts and circumstances extant at the valuation date.

https://www.appraisaleconomics.com/sports-team-valuation-appraisal/

The Clippers sale a few years back helped to reset all the other teams values.

[Donoghus]

I'm interested in how they calculate the worth of a franchise.

I found this:

Although most sports franchises are privately held (versus publicly traded) concerns, they can be valued using generally accepted valuation methods. The most widely used method for determining sports franchise value is the guideline transaction method. The valuation process entails an analysis of the relationship between the price paid for a franchise and a relevant measure of team performance, typically revenue. This relationship between price and performance is evidenced in an implied valuation multiple, which is the ratio of price to revenue (or some other performance measure, such as earnings or cash flow). The selection of appropriate valuation multiples is a function of the specific facts and circumstances extant at the valuation date.

https://www.appraisaleconomics.com/sports-team-valuation-appraisal/

The Clippers sale a few years back helped to reset all the other teams values.

The television rights deal helps big time too.  Both national & local rights deals.

[The One]

Celtics are #5 on the list.

 #4 Bulls 2.5 Billion
 #3 Warriors 2.6 Billion
 #2 Lakers 3 Billion
 #1 Knicks 3.3 Billion

 1 billion equals 1000 million. So the Celtics are worth 2200 Million dollars. I say we can pay the little guy.


 Also what was the purchase price for the Celtics when Wyc and coPany bought the team.

Man...just crack me off a teeny tiny piece of that!   

[The One]

This is shocking...the Nets are #7 at $1.8 billion.

With as dismal an outlook as humanly possible...

[Donoghus]

This is shocking...the Nets are #7 at $1.8 billion.

With as dismal an outlook as humanly possible...

Market plays a HUGE factor in a variety of ways.

[86MaxwellSmart]

But, we NEED Advertising Logos on the front of Classic NBA jerseys---!!!

SMH