New York Knicks

The New York Knicks' $6.6 billion valuation is the highest among NBA franchises, driven by Madison Square Garden's prime midtown Manhattan location. The Garden generates $1 billion in annual arena revenue from Knicks, Rangers, and concert events, a figure that outperforms #10 Los Angeles Rams' stadium revenue. The Knicks' 47-35 record in the 2023-24 season and resurgent form under coach Tom Thibodeau have boosted fan enthusiasm and ticket sales. This revenue stream is 40% higher than the typical NBA team's arena income, cementing their real-estate advantage.