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Milwaukee Bucks ranked 27th in NBA in current value according to Forbes

Team worth $785 million
Milwaukee Bucks ranked 27th in NBA in current value according to Forbes
Posted at 3:50 PM, Feb 15, 2017
and last updated 2017-02-15 16:50:47-05

The Milwaukee Bucks are ranked 27th in the NBA in current value, according to Forbes.

Forbes values the Bucks at $785 million, up from $675 million last year, which was 29th in the league.

Forbes also says Milwaukee is earning $146 million in revenue.

In 2014, Wes Edens and Marc Lasry bought the team from Herb Kohl for $550 million. Milwaukee’s new $524 million arena will be ready for the 2018-19 season.

Forbes ranks the New York Knicks, Los Angeles Lakers, and Golden State Warriors as the three most valuable franchises in the association. The Knicks are worth $3.3 billion.

Only Charlotte, Minnesota, and New Orleans are less valuable than the Bucks. The Pelicans are worth a league-low $750 million.

 

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