Most Profitable NBA Teams 2023 with Revenue

Golden State Warriors are currently the most valuable NBA team in the league. The Warriors are valued at $7.56 billion in 2023.

The club generated a profit of $206 million dollars in the 2021-2022 season. Out of the total revenue collected by the team which is $765 million.

They are also the 3rd most valuable sports organization in the world. Warriors have already generated $400 million in the first quarter of 2023.

Ticket sales, Partnerships with crypto companies and utilization of blockchain sectors are some of the reasons for the income growth in the franchise. It is also actively involved in investing in other organizations and real estate.

The main Sponsor of the Warriors is Rakuten who has been reported paying $20 million per annum to them. Also, the club has an international partner FTX and the deal is worth $10 million.

In addition to that, the franchise in 2021-2022 made a revenue worth $257 million alone from the tickets sold for their games. It is one of the highest in the season by any NBA team.

The New York Knicks is one of the richest team in NBA. The Knicks earned a profit of $155 million in the 2021-22 season.

They had generated a total revenue of $452 million in the year. At present in 2023, the club is valued at $6.58 billion.

Previously New York was the wealthiest team in the NBA at $6.1 billion in the previous valuation of 2022. There are a few reasons for the valuation and earnings to be high despite their low run in the league.

The franchise is located at the center of marketing in the US. Being located in New York, the team valuation is expected to be high by default.

Also, the fans of the franchise are hopeful of their roster every year. The team sells huge amounts of Tickets and merchandise to their supporters. In 2021-2022 the Knicks managed to sell tickets worth $133 million.

Finally, the Knicks have more than $100 million per annum in income from media and broadcast. They own most of their broadcasting and media rights.

Dallas Mavericks have made a profit of $143 million in the 2021-2022 season. The Mavericks are worth $3.26 billion in 2023.

The franchise is the 10th most valued club in the league. The revenue generated by the team in 2021-22 is $364 million. Their present major sponsor is the Chime. The deal between the Mavericks and Chime is $10 million per annum.

Similarly, Bally Sports Southwest is the official media partner for the club. Along with broadband, there are many streaming services that regularly stream the team's games.

Finally, the tickets and the merchandise sold by Dallas are another source of income for them.

Boston Celtics have generated earnings of $137 million in the 2021-22 season. The Celtics are currently among the most profitable franchises in the league. 

The team made a revenue of around $361 million in 2021-22 according to Statica. The earnings for the club are diverse. They are not only dependent on traditional ticket sales for their income.

The franchise is actively taking part in E-sports events and activities. Investing in E-sports teams like Fnatic, the club has been generating profits from these virtual games too.

In addition to that, the franchise is also branding and licensing its apparel to increase its cash flow. Furthermore, the Celtics are exploring their Real Estate options and investing in startups too.

Finally, the club is also found partnering with the CBC for their media rights. Their media coverage is one of the major sources of income for the team.

Chicago Bulls in the 2021-2022 season earned a profit of $135 million. The revenue is an increase of 65% from the previous year.

Bulls was the home of the legend Micheal Jordan. He made the brand famous and adored among the fans.

Despite their poor performance in the league for the past few years, the popularity of the team has not dipped down. Tickets and merchandise are still some of the major sources of income for the club.

The team generated earnings of $92 million with their ticket sales alone. In addition to that, the media deal with CBC is another reason for the franchise's income.

Oklahoma City Thunder has collected a gain of about $129 million in the 2021-2022 season. Thunder had a revenue of $274 million in the same year.

Loves Travel Stops is the major sponsor of the franchise. And, the deal is worth more than $40 million and is a multiyear deal.

Also, the club received a whopping $45 million in the gates as a part of their ticket sales. It is one of the major income streams for the team.

The fans of the franchise are some of the most loyal fan groups in the league. The fans are present at most of the games and are always keen on buying merchandise from the club.

Currently valued at $1.75 billion, the Thunders have their own media rights. The franchise is associated with FOX to broadcast their games along with their own announcers.

Los Angeles Lakers is among the richest basketball teams in the world. The Lakers made a profit revenue of $115 million by the end of the 2021-2022 season.

It is the third most valuable franchise in the NBA 2023. Laker's valuation is estimated to be $6.64 billion in the year.

Located in California, the franchise has a huge fanbase. Most of the celebrities too are the fans of the club due to its close proximity to Hollywood. This has resulted in the growth of popularity and number of ticket sales for the team.

Also, the presence of players like Kobe, Lebron and Shaq has driven the club to gain more stardom. Time Warner Cable had signed a deal with the Lakers for their media coverage rights worth $4 billion in 2011.

This 20-year deal is one of the major revenue generators for the Lakers. Along with the Lakers jersey patch sponsorship deal which is a five-year deal worth $100 million.

Houston Rocket had an operating income of $113 million in the 2021-2022 season. Rocket made a revenue of about $350 million in the same year.

The franchise is a two-time NBA champion and is currently valued at $3.3 billion. Recently the team along with the Astros, have joined to acquire a new Home Network.

Space City Home Network will broadcast all the games for Houston in 2023. The media rights of all these games are owned by the franchise along with the income generated by it.

In addition to that, the revenue earned by ticket sales is also one of the sources of the team's income.

Memphis Grizzles had an operational income in the 2021-2022 of $107 million. Grizzles made a profit of 39.19% out of the total revenue they collected that season.

Robert Pera is one of the NBA richest owners. He stepped into the position of owner for the Grizzlies in 2012.

The franchise generated earnings of $273 million in the year. In the 2023 valuation, the Grizzles is worth around $1.67 billion.

Bally Sports is the official media partner of the club. Their media rights are one of their sources of income for the team.

In addition to that, the primary sponsor of the Memphis is FedEx which is their first jersey patch sponsor too. The deal is signed for 20 years and is reportedly worth around $90 million.

Some of the other sponsors of the team are Verizon. Chick-fil-A and Nike. They too are the contributors to the income generated by the club.

Finally, Memphis has a huge fan base and has sold quite a generous amount of tickets in the 2021-2022 season. The tickets sold accumulated a total of $44 million in the same year.

San Antonio Spurs racked up a profit of around $99 million in the 2021-2022 season. The Spurs had witnessed a revenue increase from the previous years by 49%.

The franchise recorded an income of $306 million in the season. The club in 2023 is valued at $2.16 billion.

Spurs have many sources of Income. The team made a total earning of $69 million from their ticket sales alone.

Also, Nike is the Apparel partner for the franchise. Signing a deal with the club in 2015, the deal is an 8-year deal worth roughly of $1 billion.

In addition to that, the team recently landed a deal with AT&T. The deal is naming their stadium AT&T stadium.

The new deal is worth $9 million per annum and is also a newly added source of income for the Spurs.