USEUROPEAFRICAASIA 中文双语Français
Home / Life

Knicks edge Lakers as NBA's most moneyed team for fourth year

China Daily | Updated: 2008-12-05 07:54

NEW YORK: The New York Knicks are the most valuable professional basketball team in the NBA for the fourth consecutive year, Forbes magazine reported on Wednesday.

The Knicks' estimated value is $613 million, up $5 million from last year's list, according to the magazine.

The team, owned by Cablevision Systems Corp, had estimated operating income of $29.6 million for the 2007-2008 season, a large improvement from a loss of $42.2 million the previous year, Forbes said.

Knicks edge Lakers as NBA's most moneyed team for fourth year

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US