Kobe Bryant of the Los Angeles Lakers sets up a play during their 106-109 loss to the Memphis Grizzlies on January 2 in Los Angeles. Photo: CFP
Powered by record-setting telecast rights and club sales deals Heren Nike Air Max 97 OG GS Schoenen Zilver Wit Rood Kopen , the National Basketball Association saw team values skyrocket 74 percent over last year to a $1.1 billion average, Forbes magazine reported Wednesday.
The jump reported on the -magazine website is the largest year-to-year gain since Forbes began listing its sports team values for the major North American leagues in 1998. It lists 11 NBA teams worth at least $1 billion compared to three in 2014.
The report said former Microsoft boss Steve Balmer overpaid when he bought the Los Angeles Clippers for $2 billion last year in the wake of the racism controversy surrounding former owner Donald Sterling, valuing the Clippers at $1.6 billion but noting the premium that teams in large cities have in value because of greater local revenue streams, citing those signed in the past six months by Miami, Atlanta and Sacramento.
Three months ago, the NBA signed new media rights deals with Walt Disney and Time Warner worth a combined $930 million a year starting with the 2016-17 season Heren Nike Air Max 97 Ultra Zwart Wit Schoenen Kopen , almost three times the current telecast revenue.
The 16-time NBA champion Los Angeles Lakers, whose 12-31 record is the fourth worst in the 30-team league this season, top the value list at $2.6 billion, jumping 93 percent from a year ago thanks in part to the NBA's richest local TV contract, worth $4 billion over 20 years and only in its third season.
The New York Knicks, whose 7-36 record is the NBA's worst Air Max 97 Ultra Zwart Heren Nike Kopen , rank second on the value list at $2.5 billion, up 79 percent, and followed by the Chicago Bulls at $2 billion, Boston Celtics at $1.7 billion and the Clippers in fifth.
Nets only NBA loser
The Brooklyn Nets, the Knicks' New York neighbors, were sixth at $1.5 billion but were the only NBA club to lose money last season Air Max 97 Wit Heren Nike Schoenen Kopen , -according to Forbes.
Russian billionaire owner Mikhail Prokhorov is selling his -majority -interest in the Nets after losing nearly $100 million last season, huge debt and high payroll among the troubles for a team that is 18-24, sitting in the final Eastern Conference playoff spot at mid-season.
Golden State, boasting the NBA's best record this season at 33-6, ranks seventh at $1.3 billion and the -Warriors plan a new arena in San Francisco to open in 2018. The Houston Rockets were eighth at $1.25 billion with the Miami Heat ninth on $1.175 billion, -Dallas Mavericks 10th at $1.15 billion and defending champion San Antonio Spurs 11th at $1 billion.
The Cleveland Cavaliers Heren Nike Air Max 97 OG GS Zwart Schoenen Kopen , valued 15th overall at $915 million, received a boost when LeBron James left -Miami to rejoin his home-region squad. But his two-year deal for $42 million expires just in time for the new NBA TV deal to send salaries soaring to record sums in 2016.
The Atlanta Hawks, for sale after another racism controversy involving a club owner last year, rank 22nd at $825 million and top the Eastern Conference at 35-8. They made money last season after five years in a row of red ink.
The Memphis Grizzlies, 30-12 in the second smallest NBA market, took a league-high $23 million from revenue sharing last season and rank 25th at $750 million.
Bucks cheapest in NBA
The NBA's relative low-rent district includes the Michael -Jordan-owned Charlotte Hornets at 26th on $725 million followed by the Philadelphia 76ers on $700 million Nike Schoenen Air Max 97 Zwart Heren Kopen , New Orleans Pelicans on 28th at $650 million, Minnesota Timberwolves at $625 million and Milwaukee Bucks at $600 million, $50 million more than the team was sold for in May.
Minnesota is 7-34 and set to miss the playoffs for the 11th season in a row, part of why the T-Wolves rank last in attendance in the NBA this season.
NBA revenues hit an average of $160 million a team, up five percent from last season.
Worldwide interest in the league helped boost team coffers as well, with global revenue growing at 18 percent a year and reaching $350 million last year Nike Air Max 97 Summit Wit Schoenen Kopen , with NBA -commissioner Adam Silver saying the league is open to European expansion.
A potential work stoppage could foil the deal owners and players signed in 2011. Either side could opt out after the 2016-2017 season and players are expected to want a greater share of revenues after major losses in the last negotiations.
In the thrilling final round of the Dubai Desert Classic on Sunday, Chinas Li Haotong edged out Rory McIlroy by a single stroke to claim the second European Tour title of his career.
Li put on a late burst to card 69 and finish on 23-under for the tournament with a total of 265, setting a new record to par at Emirates Golf Club in the process by overhauling the mark of 22-under set by Thomas Bjorn in 2001.
The 22-year-old, who claimed his first European Tour title at the 2016 China Open, started the day a stroke ahead of McIlroy, but relinquished the lead in short order with a bogey on the first hole.
Especially the first few holes Nike Air Max 97 OG Undefeated Groen Oranje Kopen , I was quite nervous, Li said. The first hole I made bogey and got to come back really quick, which was good.
Li Haotong of China plays during the final round of the Dubai Desert Classic on the Majlis Course at Emirates Golf Club on Jan. 28, 2018 in Dubai. VCG Photo
The duo then matched each other with birdies on the third and seventh, but McIlroy forged a two-stroke lead after the turn with a birdie on the par-five 10th as Li registered his second bogey of the afternoon.
The Northern Irishman was briefly pegged back after landing in the sand on the par-three 11th, but his two-shot advantage was restored when Li made his third and final bogey on the next hole.
The Chinese reacted with supreme composure in the clutch situation Nike Air Max 97 OG Undefeated Rood Wit Kopen , going on to birdie four of his last six holes, including sinking a 25-foot putt on the 15th to draw level with McIlroy.
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