Warriors lead Sportico's NBA team valuations at $11.33B

Field Level Media|published: Thu 16th October, 12:17 2025

Sep 29, 2025; San Francisco, CA, USA; Golden State Warriors guard Stephen Curry (30) and forward Draymond Green (23) pose for a photo during Media Day at the Chase Center. Mandatory Credit: Cary Edmondson-Imagn Images

The Golden State Warriors are the most valuable NBA team and No. 2 among sports franchises globally, according to research from Sportico released Thursday.

The Warriors are worth $11.33 billion, surpassed only by the NFL's Dallas Cowboys ($12.8 billion). This is the fifth consecutive year that the Warriors have held the highest valuation in Sportico's NBA rankings.

Trailing them are the Los Angeles Lakers ($10 billion), New York Knicks ($9.85 billion), Los Angeles Clippers ($6.72 billion) and Boston Celtics ($6.35 billion).

Sales of the Celtics, Lakers and Portland Trail Blazers this year helped to increase the average team value to $5.51 billion, up 20% from 2024. Just three years ago, the average value was $2.58 billion, an increase of 113%.

The team with the lowest valuation is the Memphis Grizzlies at $4 billion, per the report.

Helping to drive up Golden State's value is the team's ownership of its arena, Chase Center in San Francisco, and the 11 adjacent acres housing the mixed-use development called Thrive City.

NBA team valuations, as ranked by Sportico:

1. Golden State Warriors, $11.33 billion

2. Los Angeles Lakers, $10 billion

3. New York Knicks, $9.85 billion

4. Los Angeles Clippers, $6.72 billion

5. Boston Celtics, $6.35 billion

6. Brooklyn Nets, $6.22 billion

7. Chicago Bulls, $6.12 billion

8. Miami Heat, $6.03 billion

9. Philadelphia 76ers, $5.61 billion

10. Houston Rockets, $5.53 billion

11. Dallas Mavericks, $5.24 billion