Interesting Details About The Top 20 Richest NBA Teams
The wealthiest teams in NBA have maintained their status and position for a while. The NBA has seen a massive rise in finances due to television deals worth billions of dollars.
In addition, Jersey sales and streaming have helped place most teams on very healthy finances.
As a result, most upcoming teams are being bought in billions of dollars, a new and welcome development for the NBA. Here’s a list of the 20 most expensive NBA teams so far:
- Denver Nuggets: $1.73 Billion
The Nuggets were founded in 1967 and are members of the league’s Western Conference Northwest Division. The club is owned by Walmart’s heir, Ann Walton Kroenke.
The team is coached by Michael Malon Heads and uses Skyline blue, midnight blue, sunshine yellow, and flatiron red as their official colors.
So far, the Nuggets have won eleven division titles. They have an operating income of $15 million.
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- Utah Jazz: $1.75 billion
Utah Jazz was founded in 1974 and owned by Ryan and Ashley Smith. They are members of the league’s Western Conference Division.
The team is based in Salt Lake City, New Orleans, and has won two conference championships. The club is coached by Quin Synder and managed by Justin Zanik. They have an operating income of $96 million.
- Phoenix Suns: $1.8 Billion
The team was established in 1969 and owned by Robert Sarver. Phoenix Suns are members of the league’s Western Conference Pacific Division and play their home games at Talking Stick Resort Arena, Phoenix, Arizona.
They are managed by James Jones and use Yellow, orange, gray, purple, and black as their official colors.
The team has won two conference titles, and Monty Williams currently coaches six division titles. They have an operating income of $15 million.
- Milwaukee Bucks: $1.9 Billion
The Bucks are a member of the league’s Eastern Conference Central Division. Founded in 1968, they are owned by Wes Edens, Marc Lasry, and Jamie Dinan.
The team plays their home games at Fiserv Forum, Milwaukee, and Jon Horst manages them.
They use Cream city cream, Great lakes blue, good land green, white, and black as their official team colors.
The Bucks are coached by Mike Budenholzer and have won one league title, two conference titles, and fourteen division titles.
They have an operating income of $11 million.
- Washington Wizards: $1.93 Billion
The Wizards are members of the league’s Eastern Conference Southwest Division, founded in 1961. The club is owned by Ted Leonsis and is managed by Tommy Sheppard. The team plays their home games at the Capital One Arena, Chinatown, Washington, DC.
They are coached by Scott Brooks and officially use blue, navy, silver, white, and red. The Wizards have won seven division titles and four conference titles. They have an operating income of $14 million.
- San Antonio Spurs: $1.98 Billion
The team is owned by the Holt family and Sixth Street Partners. It was founded in 1967 and is currently managed by Brain Wright.
Their home games are played at the AT&T Center, San Antonio. They also belong to the league’s Western Conference Southwest Division.
Currently coached by Gregg Popovitch, they use black and silver as their official team colors.
So far, they have won twenty-two division titles, five championships, and six division titles. They have an operating income of $39 million.
- Sacramento Kings: $2 Billion
Owned by Vivek Ranadivé, the team was founded in 1923 and are members of the league’s Western Conference Pacific Division.
They are managed by Vlade Divac and use Golden 1 Center, Sacramento, California, when playing all their home games.
Sacramento Kings use slate gray, purple, and black as their official team colors and coach Luke Walton.
So far, they have won one championship, one conference title, and three division titles. They have an operating income of $22 million.
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- Portland Trail Blazers: $2.05 Billion
The Blazers were founded in 1970 and is owned by the Paul Allen estate. The Blazers are members of the league’s Western Conference Northwest Division. The Blazer’s home games are played at the Memorial Coliseum, Portland, Oregon.
They use red, white, and black as their official team colors and are managed by Neil Olshey.
Since its inception, Terry Stotts has coached them and has managed to win one championship, six division titles, and three conference titles. They run on an operating income of $19 million.
- Miami Heat: $2.3 billion
They compete in the NBA as members of the league’s Eastern Conference Southeast Division. The team was founded in 1988 and is owned by Micky Arison. They play all home games at American Airlines Arena, Miami, Florida.
The club is managed by Andy Elisburg and has an official team color of yellow, red, and black. The club holds the NBA record for the third-longest winning streak, with about 27 straight wins in the 2012/2013 season.
Miami Heat is sponsored by Ultimate Software and coached by Erik Spoelstra.
So far, they have won three championship titles, five conference titles, and thirteen division titles. It has an operating income of $16 million.
- Philidelphia 76ers: $2.45 Billion
Commonly called Sixers, the team is owned by Joshua Harris and David Blitzer and was founded in 1946, one of the oldest franchises in the NBA.
They are members of the league’s Eastern Conference Atlantic Division, with a navy, blue, silver, white, and red team.
All home games they play are done at the Wells Fargo Center, Philadelphia. Sixers are managed by Elton Brand and coached by Brett Brown.
They have won three championships, ten division titles, and nine conference titles. The team has an operating income of $13 million.
- Toronto Raptors: $2.48 Billion
Toronto Raptors is owned by Bell Canada, Rogers Communication, and Larry Tanenbaum. It was founded in 1995.
The Raptors are members of the league’s Eastern Conference Atlantic Division and play their home games at Scotiabank Arena, Downtown Toronto. The club is managed by Bobby Webster and uses silver, gold, red, white, and black as their official colors.
After a not-so-good start, the Raptors managed to win six division titles, one conference title, and one championship.
They are coached by Nick Nurse and have an operating income of $2 million.
- Dallas Mavericks: $2.7 Billion
Popularly called the Mavs, Dallas Mavericks was founded in 1980 and members of the league’s Western Conference Southwest Division.
The team is owned by Mark Cuban and managed by Donnie Nelson. The team’s official colors are Royal blue, silver, navy blue, and black.
All their home games are played at the American Airlines Center, with Dallas Stars. The team has won one NBA championship, two conference titles, and three division titles.
They are currently coached by Rick Carlisle and have an operating income of $55 million.
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- Houston Rockets: $2. 75 Billion
Houston Rockets was founded in 1967 and is owned by Tilman Fertitta.
They play all their home games at the Toyota Center, Downtown Houston. The Houston Rockets are a member of the league’s Western Conference Southwest Division.
Their official colors are red, anthracite, gray, white, and black, managed by Daryl Morey and coached by Mike D’Antoni.
The Houston Rockets have won two NBA championships, seven division titles, and four conference titles. Their operating income is $33 million.
- Brooklyn Nets: $3.2 billion
American basketball team Brooklyn Nets was established in 1967 and is a member of the Atlantic Division of the Eastern Conference.
Their home games are played at Barclays Center, Brooklyn, New York. The team is owned by Joseph Tsai and sponsored by Infor.
They use the colors dark grey, white and black officially and are managed by Sean Marks, with Jacque Vaughn being their coach. They have achieved two NBA Championships and five conference and division titles each.
Brooklyn Nets have an operating income of $80 million.
Top 20 Richest NBA Teams
- Los Angeles Clippers: $3.3 billion
The Clippers is owned by Steve Ballmer and managed by Michael Winger. The team uses red, silver, white, and black as their official colors. They are coached by Doc Rivers and sponsored by Bumble.
So far, they have won only two division titles, and they have an operating income of $18 million.
- Boston Celtics: $3.55 billion
Established in 1946, the team is a member of the league’s Eastern Conference Atlantic Division.
They are owned by Wycliffe Grousbeck, Irving Grousbeck, Stephen Pagliuca, and Robert Epstein. All their home games are played at TD Garden, Boston, Massachusetts. They are called the most successful basketball team in the history of the NBA, having won twenty-one conference titles, seventeen NBA championships, and twenty-two division titles.
The Boston Celtics officially wear gold, green, brown, white, and black.
Being managed by Danny Ainge and coached by Brad Stevens, they have sponsorship from General Electric and an operating income of $46 million.
Top 20 Richest NBA Teams
- Chicago Bulls: $3.65 billion
The team is owned by Jerry Reinsdorf and was founded in 1966. They are a member of the league’s Eastern Conference Central Division.
All their home games are played at the United Center in Chicago, Illinois. Chicago Bulls is coached by Jim Boylen and managed by Marc Eversley.
They use the colors red and black officially and are sponsored by Zenni Optical.
So far, they have won six NBA Championships, six conference titles, and nine division titles. Their operating income runs to $39 million.
- Los Angeles Lakers: 5.5 Billion
The Lakers are members of the NBA league’s Western Conference in the Pacific Division.
They are based in Los Angeles, California, and play their home games at the Staples Center, which they share with the LA Sparks and LA Clippers.
The basketball team is owned by Buss Family Trusts, Mark Walter and Todd Boehly, sponsored by Wish.
Their sports kit is one of the most well-known as their official colors are purple, gold and black. The team is being managed by Rob Pelinka and coached by Frank Vogel.
The Lakers have won sixteen NBA Championships, twenty-three division titles, and thirty-one conference titles. Their operating income is $63 million.
- Golden State Warriors: $5.6 billion
Owned by Joe Lacob and Peter Guber, the second most expensive NBA team was established in 1946. The team is based in San Francisco and plays all home games at the Chase Center in San Francisco.
The team is managed by Bob Myers and coached by Steve Kerr. Golden State Warriors use Royal blue and yellow as their official team colors and proudly sponsor Rakuten.
The Warriors have won six NBA Championships, seven division titles, and eleven conference titles.
They are members of the league’s Western Conference Pacific Division and have an operating income of $44 million.
- New York Knicks: $5.8 billion
Established in 1946, New York Knicks, also known as Knickerbockers, is a member of the league’s Atlantic Division of the Eastern Conference.
Owned by Madison Square Garden Sports, the team plays all their home games in midtown Manhattan with the official color of rock blue, silver, orange, white and black.
Scott Perry manages the team with Mike Miller as its coach. Not just being number one, the team have won two NBA championship, about eight conference championships, and some division titles since their origination. The clubs operating income is about $71 million.
