The average National Basketball Association team is worth $4.66 billion, according to CNBC Sport’s official NBA valuations.

Here is how CNBC came to our Official 2025 NBA Team Valuations, calculated by senior sports reporter Michael Ozanian.

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STP and Goody’s are among the brands made famous by Richard Petty and Nascar exposure. Earnhardt fans were known to be fierce Budweiser and Chevrolet loyalists. Strong associations exist today between ...