Ranked: Which are the top 30 richest NBA teams in 2023?

The National Basketball Association (NBA) is one of the major professional sports leagues in the United States and Canada, with 30 clubs (29 in the United States and one in Canada). Which are the richest NBA teams in 2023?

The NBA league features some of Basketball's renowned celebrities. The game is also one of the most famous in North America and worldwide. Find out which is the richest NBA team in 2023

The richest NBA teams in 2023

Most of the great NBA teams reap a lot from their big positions. The NBA profits are mostly from TV deals, merchandising, sponsorships, and tickets. The list contains the richest NBA teams' revenue in 2023

30. New Orleans Pelicans - $1.6 billion

• Head coach: Willie Green
• Arena/Stadium: Smoothie King Center
• Owner: Gayle Benson

The Pelicans have had a relatively short but eventful history. In their inaugural season, they drafted franchise cornerstone Chris Paul, who led them to the playoffs in 2008. However, the team struggled to find sustained success, missing the playoffs in the following four seasons.

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In 2012, the team changed its name from the New Orleans Hornets to the New Orleans Pelicans, reflecting the local wildlife and culture. Fans and the community widely embraced the new name and branding. It is one of the NBA's richest teams, with an estimated value of $1.6 billion.

29. Memphis Grizzlies - $1.65 billion

• Head coach: Taylor Jenkins
• Arena/Stadium: FedExForum
• Owner: Robert Pera

The Memphis Grizzlies are a young team that has had some success recently. Led by star player Ja Morant, the Grizzlies have shown promise in the tough Western Conference. The club's net worth is estimated to be $1.65 billion.

28. Minnesota Timberwolves - $1.67 billion

• Head coach: Chris Finch
• Stadium: Target Center
• Owner: Glen Taylor, Marc Lore, Alex Rodriguez

The Minnesota Timberwolves have struggled in recent years, but they have a talented roster with players like Karl-Anthony Towns and D'Angelo Russell.

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Off the court, the Timberwolves have been active in the community, supporting local organizations and initiatives. The team has also been vocal in supporting social justice and equality, using its platform to raise awareness and advocate for change. The team's value is estimated to be $1.67 billion.

27. Charlotte Hornets - $1.7 billion

• Head coach: Steve Clifford
• Arena/Stadium: Spectrum Center
• Owner: Michael Jordan

The Charlotte Hornets have been building through the draft and have a young core of talented players. Led by Rookie of the Year LaMelo Ball, the Hornets have shown promise and could be a team to watch in the coming years. The clubs' estimated net worth is $1.7 billion.

26. Indiana Pacers - $1.8 billion

• Head coach: Rick Carlisle
• Arena/Stadium: Gainbridge Fieldhouse
• Owners: Herbert Simon, Stephen Simon

The Indiana Pacers have been a solid team in the Eastern Conference for years. The Pacers have three ABA championships to their name. Some of the notable players in the team include Oshae Brissett, James Johnson and Aaron Nesmith. The team's net worth is estimated to be $1.8 billion.

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25. Orlando Magic - $1.85 billion

• Head coach: Jamahl Mosley
• Arena/Stadium: Amway Center
• Owner: DeVos family

The Orlando Magic are a professional basketball team that began as an expansion franchise in 1989 and has since become a beloved part of the Orlando sports community. Regarding winning percentage and playoff success, Orlando is the second most successful of the four expansion teams introduced into the league in 1988 and 1989. The team's value is estimated to be $1.85 billion.

24. Oklahoma City Thunder - $1.875 billion

• Head coach: Mark Daigneault
• Arena/Stadium: Paycom Center
• Owners: Clayton Bennett, George Kaiser, Aubrey McClendon estate

The Oklahoma City Thunder have been in a rebuilding phase after trading away star players like Russell Westbrook and Paul George. They have accumulated a lot of draft picks and are the only team in the major professional North American sports leagues based in Oklahoma. The team has an estimated net worth of $1.875 billion.

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23. Detroit Pistons - $1.9 billion

• Head coach: Dwane Casey
• Stadium: Little Caesars Arena
• Owner: Tom Gores

The Detroit Pistons are another team that has been rebuilding, focusing on developing their young players. They have a rich history and a dedicated fanbase. While the team is currently in a rebuilding phase, they have the potential to return to their championship-winning ways in the future. The team's estimated value is $1.9 billion.

22. Denver Nuggets - $1.93 billion

• Head coach: Michael Malone
• Arena: Ball Arena
• Owner: Stan Kroenke

The Denver Larks was created as a charter franchise of the American Basketball Association (ABA) in 1967 but changed their name to Rockets before the second season. In 1974, the Rockets changed their name once more to the Nuggets.

Following the name change, the Nuggets competed for the final ABA Championship championship in 1976 but were defeated by the New York Nets. The Nuggets play their home games at Ball Arena, which they share with the National Hockey League's (NHL) Colorado Avalanche and the National Lacrosse League's (NLL) Colorado Mammoth (NLL). The team's value is $1.93 billion as of 2023.

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21. Atlanta Hawks - $1.975 billion

• Head coach: Quin Snyder
• Arena/Stadium: State Farm Arena
• Owner: Tony Ressler

The Atlanta Hawks have risen in recent years with a talented young core of players like Trae Young, John Collins, and Kevin Huerter. They made it to the Eastern Conference Finals in 2021 and have the potential to be a force in the conference for years to come. The team has a whooping value of $1.975 billion.

20. Utah Jazz - $2.025 billion

• Head coach: Will Hardy
• Arena/Stadium: Vivint Arena
• Owners: Ryan & Ashley Smith

The Utah Jazz club is part of the National Basketball Association's Northwest division. The team has played its home games at Vivint Arena since 1991. The franchise debuted as an expansion team in 1974 as the New Orleans Jazz.

In 1979, the Jazz relocated to Salt Lake City. The Jazz was one of the league's least successful teams in their early years. Utah Jazz is valued at a whopping value of $2.025 billion.

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19. Cleveland Cavaliers - $2.05 billion

• Head coach: J. B. Bickerstaff
• Arena/Stadium: Rocket Mortgage FieldHouse
• Owner: Dan Gilbert

The Cavaliers debuted as an expansion team in the 1970-71 season. They had five consecutive losing seasons before winning their first division title in 1976. The team overcame a 3-1 deficit in the NBA Finals, led by superstar LeBron James and All-Stars Kyrie Irving and Kevin Love, to win Cleveland's first-ever championship. Cleveland Cavaliers' estimated value is $2.05 billion.

18. San Antonio Spurs - $2 billion

• Head coach: Gregg Popovich
• Arena/Stadium: AT&T Center
• Owners: Holt family, Sixth Street Partners

The team's home games are held at the AT&T Center in San Antonio. The Spurs are one of four former American Basketball Association (ABA) teams that remained in the NBA following the ABA–NBA merger in 1976.

They are the only former ABA team to win an NBA title. The team won NBA titles in 1999, 2003, 2005, 2007, and 2014. In addition, the Spurs have the highest winning percentage among active NBA organizations as of the 2019–20 season. The team has an estimated net worth value of $2 billion.

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17. Sacramento Kings - $2.03 billion

• Head coach: Mike Brown
• Arena/Stadium: Golden 1 Center
• Owner: Vivek Ranadivé

The Golden 1 Center is where the team plays its home games. Their best seasons in the city had come in the early 2000s, notably the 2001–02 season when they finished with the best record in the NBA at 61–21. (a winning percentage of .744). Sacramento Kings is one of the richest NBA clubs, with an estimated net worth of $2.03 billion.

16. Portland Trail Blazers - $2.1 billion

• Head coach: Chauncey Billups
• Arena/Stadium: Moda Center
• Owner: Paul Allen estate

Before moving to the Moda Center in 1995, the team played its home games at the Memorial Coliseum (called the Rose Garden until 2013). The team entered the league as an expansion team in 1970 and has experienced a loyal fan base.

From 1977 to 1995, the team sold out 814 consecutive home games, the longest such stretch in American major professional sports at the time, and only subsequently surpassed by the Boston Red Sox. The club's current estimated value is $2.1 billion.

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15. Milwaukee Bucks - $2.3 billion

• Head coach: Mike Budenholzer
• Arena/Stadium: Fiserv Forum
• Owners: Wes Edens, Marc Lasry, Jamie Dinan

The squad was formed as an expansion team in 1968 and now plays at Fiserv Forum. The Bucks have two league titles (1971, 2021), three conference championships (Western: 1971, 1974, Eastern: 2021), and 17 division titles (1971–1974, 1976, 1980–1986, 2001, 2019–2022). Milwaukee Bucks' net worth is estimated to be $2.3 billion.

14. Washington Wizards - $2.5 billion

• Head coach: Wes Unseld Jr.
• Stadium: Capital One Arena
• Owner: Ted Leonsis

The team's home games are held in the Capital One Arena in Washington, D.C.'s Chinatown district. The Chicago Packers were founded in 1961 in Chicago, Illinois, and were renamed the Chicago Zephyrs the following season.

In 1963, they relocated to Baltimore, Maryland, and were renamed the Baltimore Bullets after a previous club of the same name. In 1973, the team relocated to the Washington metropolitan region and changed its name to the Capital Bullets, then to the Washington Bullets the following season. They changed their name to the Wizards in 1997. The club's estimated value is $2.5 billion.

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13. Phoenix Suns - $2.7 billion

• Head coach: Monty Williams
• Arena/Stadium: Footprint Center
• Owner: Robert Sarver

The Suns are one of four major league sports teams in Phoenix. Still, they are the only one that claims to represent the city. The team has an estimated value is $2.7 billion.

12. Miami Heat - $3 billion

• Head coach: Erik Spoelstra
• Arena/Stadium: Miami-Dade Arena
• Owner: Micky Arison

The club has three NBA championships and plays its home games at FTX Arena. The team debuted in the 1988–89 season as an expansion team. Following mediocrity, the Heat rose to prominence in the mid-1990s when Pat Riley was named team president and head coach. The club has an estimated value of $3 billion.

11. Toronto Raptors - $3.1 billion

• Head coach: Nick Nurse
• Arena/Stadium: Scotiabank Arena
• Owners: Bell Canada, Rogers Communications, Larry Tanenbaum

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Toronto Raptors host their home games at Scotiabank Arena, which they share with the National Hockey League's Toronto Maple Leafs (NHL). The team and the Vancouver Grizzlies were created in 1995 as part of the NBA's expansion into Canada.

The Raptors have been the league's sole Canadian-based franchise since the 2001–02 season, when the Grizzlies relocated from Vancouver to Memphis, Tennessee. This NBA team's worth is estimated at $3.1 billion.

10. Philadelphia 76ers - $3.15 billion

• Head coach: Doc Rivers
• Arena/Stadium: Wells Fargo Center
• Owners: Joshua Harris, David Blitzer

Founded in 1946 as the Syracuse Nationals, they are one of the NBA's earliest franchises and one of only eight (out of 23) to survive the league's first decade.

They have three NBA championships, the first of which came in 1955 under their previous name, the Syracuse Nationals. The second title was won by a team captained by Chamberlain in 1967.

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The third championship was won in 1983 by a team led by Erving and Malone. The team has an estimated net worth of $3.15 billion.

9. Houston Rockets - $3.2 billion

• Head coach: Stephen Silas
• Arena/Stadium: Toyota Center
• Owner: Tilman Fertitta

The team's home games are held at the Toyota Center in downtown Houston. In its history, Houston has won two NBA championships and four Western Conference crowns. It was established in 1967 as the San Diego Rockets, an expansion team originally based in San Diego. In 1971, the Rockets relocated to Houston. The team has a net worth of $3.2 billion.

8. Dallas Mavericks - $3.3 billion

• Head coach: Jason Kidd
• Arena/Stadium: American Airlines Center
• Owner: Mark Cuban

The team plays its home games in the American Airlines Center, which it shares with the Dallas Stars of the National Hockey League. The Dallas Mavericks are now owned by investor Mark Cuban.

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Since the Mavericks' first season in 1980–81, they have won four division titles (1987, 2007, 2010, 2021), two conference championships (2006, 2011), and one NBA championship (2011). Dallas Mavericks has an estimated value of $3.3 billion.

7. Brooklyn Nets - $3.5 billion

• Head coach: Jacque Vaughn
• Arena/Stadium: Barclays Center
• Owner: Joseph Tsai

The team's home games are held at the Barclays Center. They are one of two NBA clubs in New York City, along with the New York Knicks. The club was founded in 1967 as a charter franchise of the American Basketball Association, the NBA's rival league (ABA). Brooklyn Nets' team value is estimated to be $3.5 billion.

6. Los Angeles Clippers - $3.9 billion

• Head coach: Tyronn Lue
• Arena/Stadium: Crypto.com Arena
• Owner: Steve Ballmer

The Clippers play their home games at Crypto.com Arena, which they share with the NBA's Los Angeles Lakers, the Women's National Basketball Association's (WNBA) Los Angeles Sparks, and the National Hockey League's Los Angeles Kings (NHL).

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By 2024, the Clippers hope to have their arena, the Intuit Dome, in adjacent Inglewood. The team's net worth is estimated to be $3.9 billion.

5. Boston Celtics - $4 billion

• Head coach: Joe Mazzulla
• Arena/Stadium: TD Garden
• Owners: Wycliffe Grousbeck, Irving Grousbeck, Stephen Pagliuca, Robert Epstein

The Celtics, founded in 1946 as one of the league's original eight clubs, play their home games at TD Garden, which they share with the Boston Bruins of the National Hockey League.

The Boston Celtics are widely regarded as one of the most successful basketball teams in NBA history; the franchise is tied with the Los Angeles Lakers for the most NBA championships won, with 17 and currently holds the record for the most recorded wins of any NBA team. The team's current value is $4 billion.

4. Chicago Bulls - $4.1 billion

• Head coach: Billy Donovan
• Arena/Stadium: United Center
• Owner: Jerry Reinsdorf

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The team was formed on January 16, 1966, and its first game was played during the 1966–67 NBA season. The United Center, located on Chicago's West Side, is where the Bulls play their home games.

The Bulls achieved their greatest success in the 1990s when they were instrumental in popularizing the NBA worldwide. Notably, they have one of the NBA's greatest dynasties, winning six NBA championships and two three-peats between 1991 and 1998. The team's estimated value is $4.1 billion.

3. Los Angeles Lakers - $5.9 billion

• Head coach: Darvin Ham
• Arena/Stadium: Crypto.com Arena
• Owner: Buss Family Trust

The Los Angeles Lakers are also among the most wealthy NBA teams, with a value estimated at $5.9 billion. They play their home games at Crypto.com Arena, which houses the NBA's Los Angeles Clippers, the Women's National Basketball Association's Los Angeles Sparks, and the National Hockey League's Los Angeles Kings.

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The Los Angeles Lakers are among the most successful teams in NBA history, having won 17 NBA championships, tying the Boston Celtics for the most in league history.

2. New York Knicks - $6.1 billion

• Head coach: Tom Thibodeau
• ArenaStadium: Madison Square Garden
• Owner: Madison Square Garden Sports

The New York Nicks is ranked first and named the most valuable NBA club. The team, also known as the "Knickerbockers," plays all of their home games at Madison Square Garden in midtown Manhattan, and their official team colours are blue, orange, silver, black, and white. The team's value is $6.1 billion.

1. Golden State Warriors - $7 billion

• Head coach: Steve Kerr
• Arena/Stadium: Chase Center
• Owner: Joe Lacob, Peter Guber

Founded in 1946 in Philadelphia, the Warriors relocated to the San Francisco Bay Area in 1962 and adopted the city's name until rebranding as Golden State in 1971. The Chase Center is where the club plays its home games.

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The Warriors, nicknamed the "Dubs" as an abbreviation of "W's," hold multiple NBA records, including the greatest regular season, most victories in a season (regular season and postseason combined), and best postseason run. The team's value is estimated to be $7 billion.

Which are the top 30 richest NBA teams in 2023?

Below is a summary list of the richest NBA teams' worth.

1. Golden State Warriors - $7 billion
2. New York Knicks - $6.1 billion
3. Los Angeles Lakers - $5.9 billion
4. Chicago Bulls - $4.1 billion
5. Boston Celtics - $4 billion
6. Los Angeles Clippers - $3.9 billion
7. Brooklyn Nets - $3.5 billion
8. Dallas Mavericks - $3.3 billion
9. Houston Rockets - $3.2 billion
10. Philadelphia 76ers - $3.15 billion
11. Toronto Raptors - $3.1 billion
12. Miami Heat - $3 billion
13. Phoenix Suns - $2.7 billion
14. Washington Wizards - $2.5 billion
15. Milwaukee Bucks - $2.3 billion
16. Portland Trail Blazers - $2.1 billion
17. Sacramento Kings - $2.03 billion
18. San Antonio Spurs - $2 billion
19. Cleveland Cavaliers - $2.05 billion
20. Utah Jazz - $2.025 billion
21. Atlanta Hawks - $1.975 billion
22. Denver Nuggets - $1.93 billion
23. Detroit Pistons - $1.9 billion
24. Oklahoma City Thunder - $1.875 billion
25. Orlando Magic - $1.85 billion
26. Indiana Pacers - $1.8 billion
27. Charlotte Hornets - $1.7 billion
28. Minnesota Timberwolves - $1.67 billion
29. Memphis Grizzlies - $1.65 billion
30. New Orleans Pelicans - $1.6 billion

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Who is the richest NBA team owner?

Steve Ballmer is considered the richest NBA team owner, with an estimated net worth of $80.7 billion. He paid $2 billion for the Los Angeles Clippers, and the team is now worth $3.9 billion. Ballmer is also a business magnate and investor who was Microsoft's CEO from 2000 to 2014.

Which is the cheapest NBA team to watch?

The Indiana Pacers are the most affordable NBA team to watch, with average game costs of $165.17. The average resale price of the tickets is $138.

The richest NBA teams in 2023 contain the competition's all-time finest, dating back to the 1900s when most were created. Basketball has long been among the most popular sports in the United States and Canada.

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As the sport continues to gain momentum, the level of competition has increased, with teams from all over the world vying for the top spot. From dominant teams that have consistently held their position at the top to up-and-coming squads that are quickly making a name for themselves, this article explores what makes these teams the cream of the crop.