Forbes report: Knicks, Lakers worth $1 billion
The New York Knicks and Los Angeles Lakers are each worth more than $1 billion, Forbes Magazine reported, and they become the first NBA franchises to pass the $1 billion mark 
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Forbes' most recent valuation of NBA franchise places the Knicks as the most valuable franchise at $1 Buy Jordan 4 For Sale Online.1 billion, with the Lakers right behind at about $1 billion. The $980 million renovation to Madison Square Garden has a lot to do with the Knicks' increased value Buy Dicount Jordan 9S.
According to the report, the average NBA franchise is worth $509 million, an increase of about 30 percent from last year. The Milwaukee Bucks are the franchise with the least value with an estimate worth of $312 million.
Lakers' guard Kobe Bryant makes the most money of any NBA player, according to Forbes' analysis of player earnings Buy Jordan 5S Online.
Forbes estimates Bryant's total earnings in salary and endorsements for the year at $59.8 million Jordan 13S For Sale Online. LeBron James was second at $57.6 million, with Derrick Rose third at $32.4 million Air Jordan 1 High For Sale.
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