Lakers worth $1.35 billion, ranked No. 2 on Forbes' annual list - Los Angeles Times
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Lakers worth $1.35 billion, ranked No. 2 on Forbes’ annual list

Lakers guard Kobe Bryant grabs a rebound against the Toronto Raptors at Staples Center on Dec. 8, 2013.
Lakers guard Kobe Bryant grabs a rebound against the Toronto Raptors at Staples Center on Dec. 8, 2013.
(Harry How / Getty Images)
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The Lakers are worth $1.35 billion, at least according to the Forbes.com annual NBA team valuations, released on Wednesday.

Second only to the New York Knicks ($1.4 billion), the Lakers have climbed 35% from a year ago on the heels of their 25-year, $5-billion television deal with Time Warner Cable.

According to Forbes, the Lakers earned $122 million last season from Time Warner Cable in their first year with the network, more than 20 times that of teams such as the Milwaukee Bucks and Charlotte Bobcats.

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The report has the Lakers with $295 million in revenue, after revenue sharing with the league, and an operating profit of $66 million.

The Chicago Bulls were ranked third with a $1-billion valuation.

The Clippers were listed 13th overall with a valuation of $575 million.

The NBA generally downplays Forbes’ accuracy, but the report gives a general idea of where teams stand financially.

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Email Eric Pincus at [email protected] and follow him on Twitter @EricPincus.

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