Joe Lacob: Warriors Have Much More Revenue Than Knicks, Lakers
The Golden State Warriors rank third in the NBA in franchise valuation, according to Forbes. The New York Knicks at $4.6 billion and Los Angeles Lakers at $4.4 billion are worth more than the Warriors at $4.3 billion.
“Forbes is more of a general indicator. Its revenue estimates are understated for Golden State,” Joe Lacob said. “We have much more revenue than the Knicks and Lakers.”
Forbes estimated that the Warriors generated $440 million in revenue for the 2018-19 season versus $472 million for the Knicks and $434 million for the Lakers.
The Warriors were valued at $188 million when Lacob bought the franchise for $450 million.
