Madison Square Garden

Knicks most valuable NBA franchise, worth $1.4 billion according to Forbes


A more favorable Collective Bargaining Agreement for the owners coupled with a crop of young stars increasing television ratings has been good for NBA owners.

Franchise valuations are up. Way up. Setting record levels up. Up 25 percent on average over a year ago up. The average team made a profit of $23.7 million.

And you wonder why the owners are so loyal to David Stern.

Those figures are from Forbes Magazine, which released its annual report on franchise values Wednesday. While the magazine’s assessment is admittedly somewhat flawed, until the NBA owners decide to open their books up to the public (good luck with that) this is the best we have.

At the top of the list money-making list is the New York Knicks, which in a renovated Madison Square Garden is worth a record $1.4 billion, according to Forbes. Because the renovated building is drawing in more money than expected, the Knicks had a league-record profit for the 2012-13 season of $96 million, the magazine estimates.

The Lakers are just half a step back of the Knicks in franchise value at $1.35 billion, reports Forbes, and the team turned a tidy $66 million profit, according to the magazine. The main reason for all the cash is the massive $3.6 billion local television deal they struck with Time Warner Cable.

The rest of the top 10 are the Chicago Bulls ($1 billion), the Boston Celtics ($875 million), the Brooklyn Nets ($780 million), the Houston Rockets ($775 million), the Miami Heat ($770 million), the Dallas Mavericks ($760 million), the Golden State Warriors ($750 million), and the San Antonio Spurs ($660 million).

The bottom five are the Minnesota Timberwolves ($430 million, and they operated at a $2.7 million loss last season according to Forbes), the Atlanta Hawks ($425 million), the New Orleans Pelicans ($420 million), the Charlotte Bobcats ($410 million), and the Milwaukee Bucks ($405 million).

Watch Jonathan Simmons’ chasedown block on Stephen Curry


Jonathan Simmons did his best LeBron James impression on opening night.

While the Spurs were running the Warriors out of Oracle Arena — a 129-100 Spurs win — Simmons had a fantastic chasedown block on Stephen Curry. It was one of the plays of the game (most of the rest came from Kawhi Leonard).

Simmons had 20 points on 8-of-14 shooting off the bench for the Spurs in the win, which included a poster dunk on JaVale McGee late. Just to put some icing on the win.

Iman Shumpert in concussion protocol after collision with Porzingis

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Late in the third quarter of Cleveland’s blowout opening night win over New York, the Cavalier’s Iman Shumpert lowered his head and tried to drive the lane, where he collided with Knicks big man Kristaps Porzingis. It looked like Shumpert’s head hit Porzingis’ hip and elbow.

Shumpert instantly went to the ground, then needed help to come off the court. He was diagnosed with concussion-like symptoms, the team announced. Apparently, Porzingis is a rock.

That puts Shumpert in the league’s concussion protocol, and he’s going to miss time, notes Joe Vardon of the Cleveland Plain Dealer.

A source questioned whether Shumpert would be available for either of the Cavs’ next two games, Friday in Toronto and Saturday against Orlando at The Q. To play, Shumpert would need to be symptom free, pass a series of tests, and show no symptoms after each test.

There is no set timeline with a concussion. In the short term, this will mean more DeAndre Liggins on the court until Shumpert returns.

The Cavs are already without rookie backup point guard Kay Felder, who suffered a concussion during practice last Friday when he ran into Chris Andersen.

What championship hangover? Cavaliers rout Knicks on ring night in Cleveland.

CLEVELAND, OH - OCTOBER 25:  LeBron James #23 of the Cleveland Cavaliers finishes off a fast break with a dunk in the third quarter as Carmelo Anthony #7 of the New York Knicks watches on October 25, 2016 at Quicken Loans Arena in Cleveland, Ohio. Cleveland defeated New York 117-88. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jamie Sabau/Getty Images)
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There’s a good reason LeBron James has been to six straight NBA Finals. It’s not all about his incredible physical gifts. It’s not about the quality of his teammates.

It’s about will.

On a night when a lot of teams play like their hungover — the night they get their championship rings and a banner is raised to the rafters — LeBron played harder than anyone and pulled his team along.

LeBron had a triple-double — 19 points, 14 assists, 11 rebounds — and led the Cavaliers to an easy win over the Knicks, 117-86. Kyrie Irving had 29 points — 19 in the third — and Kevin Love added 23 in the win.

But mostly it was the Cavaliers’ offense getting whatever shot it wanted and the Knicks watching dunks from up close.

Over the course of this season, these Knicks will evolve into something better than they showed opening night. No Derrick Rose (trial) and no Joakim Noah (injury) meant the Knicks starting five didn’t have a lot of cohesion and chemistry from the start.

After a sluggish first five minutes by both teams — they were a combined 6-of-22 shooting to open the game — the Cavaliers slowly started to create a little space behind 10 first quarter points from Love. That lead really started to grow as the Knicks bench came in and went 0-of-6 shooting to end the quarter, with Brandon Jennings making questionable decisions. Tack on seven Knick turnovers and the first and they were down 10 after 12 minutes.

The Cavs were in control through much of the second quarter until the Knicks went on a 10-0 run to make it a game again. It was Derrick Rose and Carmelo Anthony driving the team — they shot a combined 12-of-20 in the first half, the rest of the Knicks were 5-of-23. It was 48-45 Cavaliers at the break.

In the third quarter the Cavaliers starters cranked it up behind Kyrie Irving and tighter defense — the third quarter saw Kyrie Irving with 19 points and the entire Knicks team with 19. It was 82-64 Cavs after three and the celebration was on.

Kristaps Porzingis showed some moments but his 16 points came on 5-of-13 shooting. Anthony had 19 points on 18 shots. Rose had 17 points but four turnovers and one assist. Brandon Jennings came off the bench to shoot 1-of-7. It was not their best night.

For the Cavs, it was one to remember — the first banner in 52 years went up.

Did we mention LeBron James was dunking all over Knicks? Watch for yourself.


LeBron James isn’t the only story out of the NBA season opener — Kyrie Irving had 29 points, Kevin Love had 23, Carmelo Anthony and Derrick Rose were shotmaking.

But mostly, LeBron James was dunking. And racking up a triple-double (19 points, 14 assists, 11 rebounds). But mostly just dunking. Like you see above. Or there is this alley-oop.

Or, there was this putback throwdown.

And we can throw in a block on Courtney Lee just for fun.