Lakers valued at $643 million, according to Forbes
Forbes.com posted its annual valuations of NBA franchises and said the Lakers are currently worth $643 million, second behind only the New York Knicks at $655 million.
The financial publication estimates the Lakers posted operating income of $33.4 million in the past year on revenue of $214 million.
Forbes said the Chicago Bulls are the third most valuable NBA franchise ($511 million), followed by the Boston Celtics ($452 million) and Houston Rockets ($443 million). The Clippers were ranked 22nd in value at $305 million, Forbes said.
-- Barry Stavro