Rounding out the top five are the Chicago Bulls ($2. 3 billion), Boston Celtics ($2. 1 billion) and Los Angeles Clippers ($2 billion). Thirteen teams are worth at least $1 billion, up from just three two years ago. The league’s 30 teams generated $5. 2 billion in revenue last season and $900 million in operating profit (earnings before interest, taxes, depreciation and amortization). Both are records. The NBA’s 2011 collective bargaining agreement, which enhanced revenue sharing for poorer small market teams and cut player costs, means that every team except one—billionaire Mikhail Prokhorov’s Brooklyn Nets—turned an operating profit last season. The Nets are in the red on a cash flow basis Buy cheap NBA 2k16 Coins by our count thanks to a $20 million luxury tax for its league-high $92 million payroll, but that didn’t stop Prokhorov—through his Onexim Sports & Entertainment—from paying in December a grossed-up value of $1. 7 billion for the 20% of the Nets and 55% of the Barclays Center from developer Bruce Ratner that he didn’t already own. The Nets were valued at $365 million when Prokhorov first invested in 2010.fifiaqowe

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