Average NBA Valuation Multiple Hits 8.6 Compared To 7 Pre-COVID - RealGM Wiretap
NBA valuations have increased coming out of the pandemic due to the league’s growth, profitability and clean balance sheet.
The average valuation multiple for the 30 teams is 8.6, versus 7 pre-Covid.
The average NBA franchise is now worth $2.86 billion, 15 percent more than a year ago despite the stock market being down more than 15 percent over the same period.
The average debt/enterprise value of the 30 teams is just 10 percent, which means buying a team today means an owner can quickly begin to make money and never have to put in extra money.
Tilman Fertitta has pulled out at least $60 million per year, except for the 20-21 season, since purchase the Houston Rockets in 2017.
