The List: The NBA's Most Valuable Teams

Forbes is out with its latest list of NBA team values. According to Mike Ozanian, 'The average NBA team is now worth $369 million, 1% more than last year. But several of the league’s 30 teams have not fully recovered from the recession, and as a result values are still 2.6% below the $379 million peak average they hit two years ago.' The Knicks currently hold the top spot and are followed by the Lakers, last year's most valuable franchise. The leaders are followed by the Bulls and the Celtics, with the Houston Rockets rounding out the top 5. One of the most interesting observations in our opinion is the impact individual players can have on franchise values; without ruining the surprise, lets just say that anyone who has doubted the actual economic impact of the LeBron James move should spend some quality time with the risers and fallers. The whole list, in pictures, can be found here.