It’s an exciting time for the NBA as interest in basketball continues to grow worldwide and franchises are sold for seemingly ever-growing sums of money. Per Forbes, the average NBA franchise is now valued at $3.85 billion or more than 2x the average of $1.65 billion five years ago.
My take? While costly, NBA investment remains attractive due to the league’s encouraging growth prospects and (most importantly) robust long-term ownership demand. Full thoughts below:
Yes, my analysis led me to believe it’s a good investment. It’s not about “big numbers” just how value will trend over time.