How much is each NBA team worth based on the Los Angeles Clippers?

After some debate, the Los Angeles Clippers were finally sold to former Microsoft CEO Steve Baller.

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Ballmer, who was able to buy the team after the NBA forced former owner Donald Sterling was recorded making racist comments and soon was fined $2.5 million and banned from the NBA for life, paid $2 billion for the club. That game as a bit of a surprise because the team was recently listed by Forbes as being worth $575 million. The likely means that several other franchises are worth much more than anyone thought.

Cork Gaines of Business Insiders takes a look at how much each team is worth compared to the Clippers after the sale.

"Instead of $1.4 billion, the New York Knicks are suddenly worth closer to $5 billion, the Lakers may be worth $4.7 billion, and the average team would be worth $2.2 billion instead of $634 million.Of course, this is the extreme case and it is quite possible Ballmer overpaid just because he desperately wanted to own a team.However, there are several reasons to believe the potential value of the franchise is much greater than the current value of $575 million, including a new television contract in the next few years and a current operating income ($15.0 million in 2013) that is actually below average ($23.7 million) despite being in the huge Los Angeles market."

In this scenario, ever the least valuable teams in the NBA, the Charlotte Hornets and Milwaukee Bucks, who have a projected worth of $410 million according to Forbes, would be worth $1.43 and $1.41 billion, respectively.

Gaines also took his factor of 3.48 and applied to the Dallas Cowboys – they would be worth $8 million.

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