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The numbers from this year’s valuations are impossible to ignore: America’s pro basketball franchises are booming, with the average NBA team now worth roughly $5.5 billion as investors pour capital into the sport. That surge isn’t a fluke — it’s the result of real growth, real fans, and real private investment that celebrates success rather than punishes it.
Topping the list is the Golden State Warriors, standing alone near the $11.3 billion mark while the Lakers and Knicks follow as $10 billion and nearly $9.85 billion franchises respectively. These aren’t numbers dreamed up in a newsroom; they reflect cold, hard market valuation and the value of brands Americans love.
What’s driving those eye-popping totals is classic capitalism: ownership of arenas and surrounding developments, savvy real estate plays, and merchandising that keeps paying off. The Warriors’ Chase Center and the adjacent Thrive City development are textbook examples of turning team pride into neighborhood prosperity.
This year’s flurry of sales — including blockbuster moves of traditionally storied franchises — pushed the league average higher, and even saw a record Celtics deal that underscored how much wealth team ownership can generate. The marketplace is placing the highest possible value on franchises that deliver both on and off the court.
Conservatives should celebrate this story because it’s proof that free markets work: when entrepreneurs take risk, build infrastructure, and focus on product, communities and investors both win. There’s nothing shameful about profit when it’s created honestly and translated into jobs, entertainment, and civic pride.
Make no mistake — cultural noise from the left and media pundits won’t undo the basic equation that fans vote with their wallets and their attendance. If the NBA wants to sustain these valuations, it will keep delivering great basketball and smart business, not lecture the country from center court.
Hardworking Americans who love sports understand what these figures mean: professional teams are more than logos, they’re engines of local economies and national pride. Support your team, demand good ownership, and let the marketplace keep rewarding excellence.
