Here's where Knicks rank on Forbes' top 50 most valuable sports team list

Knicks are doing pretty well for themselves despite the losing

7/23/2019, 1:22 AM
Apr 6, 2017; New York, NY, USA; General view during pre game introductions before a game between the New York Knicks and the Washington Wizards at Madison Square Garden. Mandatory Credit: Brad Penner-USA TODAY Sports / Brad Penner
Apr 6, 2017; New York, NY, USA; General view during pre game introductions before a game between the New York Knicks and the Washington Wizards at Madison Square Garden. Mandatory Credit: Brad Penner-USA TODAY Sports / Brad Penner

Forbes released its 2019 version of the 50 most valuable sports franchises in the world on Monday, and all 50 teams have a value of at least $2 billion. 

Six New York teams made the cut, with two of those teams (Yankees and Knicks) leading their respective sports. No NHL or MLS teams made the top 50, although the Rangers are the highest-ranking hockey team at 72 with a value of $1.55 billion. 

Here are the local rankings, which are based on Forbes' published valuations over the past 12 months:

 

 

2. New York Yankees ($4.6 billion)

5. New York Knicks ($4 billion)

T-10. New York Giants ($3.3 billion)

21. New York Jets ($2.85 billion)

37. Brooklyn Nets ($2.35 billion)

T-38. New York Mets ($2.3 billion)

Despite several losing seasons over the last two decades, the Knicks are still the most valuable NBA franchise and third-most valuable U.S. sports franchise, per Forbes. The Knicks' $4 billion valuation is up 11 percent from last year and has them three spots ahead of the Los Angeles Lakers ($3.7 billion), a team that was valued higher than the Knicks as recently as 2012. Atlantic Division rivals Boston Celtics rank 22 while the Nets, who bested the Knicks in free agency this summer, come in at 37 on the list.  

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