How Valuable Is The Wizards Franchise?
The Wizards have been playing very well, winners of seven of their last ten. Wins over Oklahoma City and Chicago and at Denver are signs of real progress. But just how valuable is the club?
Forbes has released its current rankings and Washington is ranked #23. According to the business magazine, the Wizards are worth $397 million dollars, with a profit of $1.7 million. The average NBA team is worth $507 million, with the Knicks the most valuable team in the Association. New York surpassed the Lakers and is worth an estimated $1.1 billion dollars!
