Thursday , Dec , 04 , 2008 C.Y. Ellis

Knicks Named NBA’s Most Valuable Team Again


For the fourth straight year, and despite front office and player turmoil, the New York Knicks are the NBA’s most valuable team.

The Knicks are worth $613 million, according to Forbes’ latest rankings, an increase of 1 percent over their 2007 value. Throughout the past year, the franchise has made many headlines off the court, ranging from former team president Isiah Thomas being found guilty in a sexual harassment lawsuit to guard Stephon Marbury’s feud with management and coach Mike D’Antoni.

For the fourth consecutive year, the Los Angeles Lakers are ranked second by Forbes, at $584 million, up from $560 million.

http://www.nba.com/2008/news/12/03/forbes.knicks.ap/index.html