7. Brooklyn Nets – $1.7 billion
$611 million of market’s value and $554 of stadium’s value put Brooklyn Nets 7th on our list with $1.7 billion of team value. With $220 million revenue generated from last season, you would think that the team cashed in sweet profit.
It surprisingly did not.
In fact, the Nets has just lost $5.7 million of operating income. Its 15% debt might have something to do with it. However, the biggest factor comes with the team’s struggle in the competition.
The numbers of attendance drawn to their home arena is the NBA’s third lowest so far. Apparently, a little bit of boost in marketing is needed.
Mikhail Prokhorov, the owner of Brooklyn Nets, is certainly the one hoping for better revenue and income. Obviously, this is not what he had in mind when he bought the team for $365 million six years ago.
