Billion dollar club: all 30 NBA teams reach milestone valuation

Forbes reveals that the New York Knicks are again the highest valued NBA team

NBA team values Knicks Lakers Forbes rich list
New York Knicks and Los Angeles Lakers rank number one and two in the Forbes list
(Image credit: Harry How/Getty Images)

All 30 NBA franchises are each worth more than $1billion (£714million) for the first time ever, according to Forbes.

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