Golden State Warriors achieve unprecedented valuation of $9.4 billion
- The Golden State Warriors are the most valuable NBA team, worth $9.4 billion.
- During the 2023-24 season, the Warriors generated $781 million in revenue, the highest in the league.
- The rise in NBA team valuations is largely due to increased revenues from national media rights and sponsorships.
In the United States, the valuation of NBA teams has significantly risen, highlighted by the Golden State Warriors' staggering worth of $9.4 billion as per CNBC’s official assessments. This valuation reflects the Warriors' tremendous financial success, characterized by generating $781 million in revenue during the 2023-24 season, which is the highest among all NBA teams. Moreover, their ownership of the Chase Center in San Francisco provides additional revenue avenues apart from basketball, further bolstering their income. The Warriors' recent financial ascent is well-supported by their substantial sponsorship revenue, which amounted to nearly $200 million in the latest season — nearly double that of any other NBA franchise. Contributing to their profitability is a lucrative national media rights deal secured by the league, worth $76 billion over 11 years starting in the 2025-26 season. This deal enhances team revenues significantly as the new annual valuation is expected to reach $6.9 billion. The Warriors' valuation has grown at a remarkable 24% compound annual growth rate since 2010, when Joe Lacob and Peter Guber acquired the team for $450 million, and their success on the court, including four NBA championships in the past decade, has played a crucial part in attracting increased investment and sponsorship. While the Warriors lead the pack, other teams have also seen significant value increases. The Memphis Grizzlies, although the least valuable team at $3.2 billion, have tripled their value since their acquisition in 2012. The rising valuations across the league reflect a broader trend of financial growth driven by media deals and team performance, demonstrating the growing appeal and profitability of the NBA as a leading sports league in the international market.