US media "Sportico" recently evaluated the market value of each NBA team. The top ten teams are: Knicks, Warriors, Lakers, Nets, Celtics, Bulls , Rockets, Clippers, Mavericks and Raptors.
The Knicks ranked first at $5.42 billion. Even if the score is poor, the Knicks' market value is so high, which is really enviable. With three championships in five years in the past few years, the Warriors have a market value of up to 5.21 billion yuan. This season, there is no fear of over 100 million luxury taxes. The Lakers is only 4.14 billion, which is a little surprising.
What deserves attention is the market value of the Nets. According to the "Sportico" assessment, the Nets' market value was 3.4 billion, and a year ago, the Nets' market value was only 2.5 billion. In just one year, the Nets' market value has soared by 900 million. This increase is also the team that has appreciated the most among all NBA teams. Even the Lakers who won the championship last season were far behind.
fans sigh, it's too bad, 900 million a year, and it's still US dollars. Converted into RMB, that is 5.8 billion yuan, which is another magic number. It is very possible for the Nets to continue to maintain this momentum, surpass the Lakers, and catch up with the Warriors.
The reason why the market value of the Nets can soar so wildly is related to their frequent big moves in recent years. In 2019, the Nets bought bones, and signed Durant with a ruptured Achilles tendon to 158 million in 4 years. At the same time, 141 million won Owen in 4 years. This season, the Nets traded Harden again, forming a combination of Durant + Irving + Harden .I won't say whether I can win the championship, but at least it has earned enough attention.
A few years ago, the Nets were still a team in ruins. For 37-year-old Garnett and 36-year-old Pierce, the Nets actually emptied their net worth and gave the Celtics the draft pick. As a result, not only were there no results, but the high draft picks were all Celtics. In 2017, the former owner of the Nets Prokhov was financially tight and had no choice but to sell some of the shares. Cai Chongxin made a decisive move and spent 1.1 billion to buy 49% of the shares and became the Nets' second largest shareholder.
In 2019, Cai Chongxin invested another 1.3 billion to get the remaining equity of the Nets. In other words, Cai Chongxin bought the Nets for a total of 2.4 billion. In addition, Cai Chongxin also used 1.1 billion to win the Nets' home Barclays Center.
Cai Chongxin packed the Nets and the Barclays Center at home, totaling 3.5 billion. And now the market value of the Nets alone is 3.4 billion. In other words, in just over a year, Cai Chongxin almost earned a home game worth 1.1 billion. No wonder the Nets are so dismissive of luxury taxes.
According to NBA name Shams, the Nets previously applied to the league for a special injury case of $5.7 million has been approved. The Nets' luxury tax is now as high as 80 million +, plus the exception of injuries, the luxury tax will also exceed 100 million. If it was Fertita, the owner of Rockets , then he would definitely not let this happen.
But will the Nets care? A mere 100 million, the Nets earn 900 million a year. Not to mention that their boss Cai Chongxin is worth 11.8 billion, and some of them are money.
In addition, the Nets have just formed the Big Three.Is in a fast ascending channel. If they can achieve good results, such as rushing out of the East, or even winning the championship, then the Nets' market value will continue to soar, which will be inevitable. For the Nets, the most important thing right now is really just money.
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