Forbes magazine and the economics of the NBA

As I mentioned Wednesday, Forbes magazine came out with its list of the most valuable NBA teams. According to Forbes, the Lakers are worth $584 million (second only to the New York Knicks at an estimated $613 million), and the purple and gold had $47.9 million in operating income, the second-best among 30 NBA clubs.
Meanwhile, the Clippers were estimated to have $10.7 million in operating income on revenue of $99 million. The magazine pegs the value of Donald Sterling's team at $297 million, a lowly 25th on the list. The least valuable team on Forbes' list was the Milwaukee Bucks at $278 million. More... Discount Magazine Subscriptions