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Trail Blazers Miss Cut for Top-50 Most Valuable Franchises

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Portland may not have made Forbes’ list, but the NBA is doing very well.

NBA: Playoffs-Golden State Warriors at Portland Trail Blazers Troy Wayrynen-USA TODAY Sports

Forbes has released their annual ‘50 Most Valuable Sports Teams’ list, and the Portland Trail Blazers failed to make the cut.

But the NBA as a whole showed the positive movement among the major sports:

NBA teams have made the most dramatic moves this decade. The New York Knicks headline nine hoops teams in the top 50 this year. Their $4 billion value, up 11%, ranks fifth among all sports teams. The Los Angeles Lakers ($3.7 billion) and Golden State Warriors ($3.5 billion) also cracked the top 10. In 2012, the Lakers were the most valuable NBA team at $900 million and ranked 35th out of all sports franchises. The Knicks were the only other NBA team in the top 50 in 2012.

Three NBA franchises have been sold for at least $2 billion since 2014 (Nets, Houston Rockets and Los Angeles Clippers). The prior NBA-record sale price was $550 million for the Milwaukee Bucks, which closed three months before Steve Ballmer’s $2 billion blockbuster purchase of the Clippers.

The Dallas Cowboys lead the group at a $5 billion valuation. The Seattle Seahawks, owned by the same trust that owns the Portland Trail Blazers, ranked 31st on the list with a $2.58 billion valuation.