Forbes: Knicks, Lakers 1-2 in Forbes list
http://espn.go.com/n...t-valuable-team
As commissioner David Stern prepares to hand the reins to longtime deputy Adam Silver after a 30-year tenure, Forbes notes the immense business the league has become. The magazine said the NBA had revenues of $118 million for the 1982-83 season, the last full year before Stern became commissioner. Last year, the league's revenue was $4.6 billion.
Franchise values in the NBA still pale in comparison to the NFL. Forbes estimated that the average NFL team is worth $1.17 billion, with 23 teams having a worth topping $1 billion.
