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Forbes: Knicks Listed As Most Valuable NBA Franchise

by Angelo on January 26th, 2007

The New York Knicks have been the subject of many a news item the past year alone. They finished with a franchise worst record (second to the worst in the league) last season and under Hall of Fame coach Larry Brown too. This season has seen some improvement but it’s not something to write home about just yet. In spite of that Forbes lists the New York Knicks as the most valuable franchise in the NBA. This is thanks to the loyal fans who contributed $74 million in ticket sales last season.

That only means one thing: The fans are that loyal! But don’t yourself get fooled by saying it’s the most valuable franchise in the true sense of the word. Put the Knicks in another city and watch their value plummet faster than President Bush’s approval rating (well maybe not but you get the point). Take out the ticket sales and you’ll get an expensive poorly managed team, not a team of value. That team has had and still has so many bad contracts from expensive signings and unnecessary trades, some of which was eventually bought out like those of Larry Brown, Jalen Rose, Maurice Taylor and others. For me a true team of value is one like the Dallas Mavericks or (I hate to say it) the LA Lakers who bring in the bucks and give the fans their money’s worth in wins.

POSTED IN: NBA Basketball

4 opinions for Forbes: Knicks Listed As Most Valuable NBA Franchise

  • 2dish4.3
    Jan 27, 2007 at 4:10 am

    YIKES!!Somehow the phrase “location, location, location” kept reverberating in my head as I read that.

  • Angelo
    Jan 27, 2007 at 9:53 am

    That never dawned on me until now but you are absolutely right!

  • Twisted Humor
    Jan 27, 2007 at 5:33 pm

    The Knicks are the MVP. Most Valuable Piece-o-cr@p-team.

    And I’m a Knicks fan.

    The Knicks have good players but not a good team. They are like Tara Reid.

    If you look at Tara Reid’s individual body parts, you’d think you’d have a hot, awesome girl. But, like the Knicks, her body parts don’t work together as a team. Especially the parts she overpaid for.

    One minute with her and you will she lacks chemistry. Mainly brain chemistry. Just like the Knicks.

  • Stormwater Management
    Jul 22, 2008 at 3:54 pm

    I bet the Portland Trailblazers have gone up significantly in value in the last 18 months.

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