CNBC’s Official NBA Team Valuations for 2025 are led by the Warriors and Knicks.

According to official NBA estimations provided by CNBC Sport, the average value of a National Basketball Association team is $4.66 billion.

With a valuation of $6.49 billion, the league sits in the middle of the average National Football League club and $1.92 billion, the average National Hockey League team.

With a $9.4 billion valuation, the Golden State Warriors are the most valued NBA club.

In the 2023–24 season, the Warriors made the most money in the NBA ($781 million), net of their revenue-sharing contribution.

The Warriors own the Chase Center in San Francisco, where they also make money from non-NBA events.

According to a league executive, the team earned around $200 million in sponsorship money last season, which is almost twice as much as any other team.

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