Madison Square Garden

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

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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).

PBT Extra: Who do you want to see most in first All-Star Game?

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Tonight the NBA All-Star Game starters will be announced. Then the coaches have a week to vote and the rest of the roster will be put together by them.

This year should see a few first-time All-Stars, guys bursting on the scene and grabbing fans attention — so we asked people on Twitter who they most wanted to see in his first All-Star Game and I break it down in this PBT Extra.

The winner? Giannis Antetokounmpo with 45 percent of the vote. Which shouldn’t be a surprise, he’s second in the fan voting for the frontcourt in the East (behind only LeBron James). Good news for those fans, the Greek Freak is almost guaranteed to be a starter, he’s getting plenty of media votes and likely a lot from the players as well.

Second place in the poll? Joel Embiid of the Sixers. I’d love to see him, but will players and media members vote in a guy on a minutes restriction? Will the coaches pick him for that same reason? He is on the bubble.

Russell Westbrook: ‘Don’t say what’s up to that b— a—’ (video)

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Did Russell Westbrook and Kevin Durant talk during the Warriors’ win over the Thunder last night? Westbrook said no, though video and first-hand accounts indicate otherwise.

Even more clearly: Westbrook – who walked near teammates Enes Kanter, Anthony Morrow and Jerami Grant – didn’t want someone talking to someone as they left the floor after the game. ESPN caught Westbrook saying, “Don’t say what’s up to that b— a—.”

You will never convince anyone Westbrook is referring to anyone but Durant.

Russell Westbrook commits epic travel (video)

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Between getting laid out by Zaza Pachulia and apparently talking with Kevin Durant, Russell Westbrook committed a travel for the ages.

The Thunder guard took an inbound pass against the Warriors and just started walking up court without dribbling. The violation was so blatant, NBA officials even called the travel.

And it’s not as if they’re inclined to blow a whistle in that situation. Before Westbrook, Kemba Walker set a high bar last season, but he got away with this walk:

Are Russell Westbrook and Kevin Durant on speaking terms after apparent conversation? Westbrook: ‘Nah’ (video)

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Russell Westbrook deleted Kevin Durant‘s goodbye text and, months later, told the whole world they still hadn’t talked.

That apparently changed during the Warriors’ win over the Thunder yesterday – though not if you ask Westbrook.

Westbrook dunked in the third quarter, and according to ESPN commentator Mark Jackson, Westbrook told Durant, “Don’t jump.” Anthony Slater of The Mercury News also wrote of the same quote.

ESPN’s telecast caught Durant clearly speaking to Westbrook shortly after. It appears Westbrook is talking back, but his back is to the camera.

After the game, Westbrook denied the exchange:

 

  • Reporter: “Are you and KD on speaking terms?”
  • Westbrook: “Nah.”
  • Reporter: “You guys had a little exchange in the third quarter.”
  • Westbrook: “What exchange?”
  • Reporter: “You and KD said something to each other.”
  • Westbrook: “Oh. You gotta maybe sit closer to the game. You maybe didn’t see clearly.”

This is so Westbrook – stubborn to the point of denying reality.

That approach worked for him when everyone rightly told him he was a significantly lesser player than Durant. Westbrook ignored that fact until it became false.

I suspect he wants to forget this exchange so he can maintain a cold animosity toward someone he prefers to resent.