Lakers' $12.5B sale lifts average NBA team value to $6.68B
The pending $12.5 billion sale of the Los Angeles Lakers by Mark Walter to Joshua Kushner and Bob Iger is set to raise the average NBA team value by 21% to $6.68 billion, according to CNBC's transaction database. If approved, the deal represents an estimated 20 times the Lakers' 2025-26 season revenue, an all-time high multiple for a control stake. CNBC adjusted February valuations for all 30 teams based on the sale, with the Golden State Warriors remaining most valuable at $13 billion. The New York Knicks and Chicago Bulls saw the largest value increases at 26% each. CNBC's valuation factors include arena economics, market size, and investor interest, with revenue and EBITDA figures from the 2024-25 season.