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NBA Franchise Valuations Surge
This chapter examines the astonishing growth in NBA franchise valuations, which have nearly doubled in four years, with every team now valued over $3 billion. It highlights the role of lucrative TV contracts and contrasts the NBA's financial dynamics with those of MLB and NFL, particularly in terms of revenue generation and player salaries. The discussion also explores the impact of ownership wealth on franchise management, specifically referencing the Golden State Warriors and the Boston Celtics.