Forbes ranks Dallas Mavericks 9th most valuable NBA team at $1.4 billion

The Dallas Mavericks are the ninth most valuable team in the NBA, according to Forbes Magazine.

The Mavericks, owned by Mark Cuban, are worth $1.4 billion. That’s a 22 percent value increase from 2015.

Houston ranks eighth at $1.5 billion and San Antonio is 11th at $1.15 billion.

The New York Knicks are the most valuable team in the league at $3 billion.

Rounding out the top five are the Los Angeles Lakers ($2.7 billion), Chicago Bulls ($2.3 billion), Boston Celtics ($2.1 billion) and Los Angeles Clippers ($2 billion).

The league’s 30 teams generated $5.2 billion in revenue last season, which is a record high for the league. The average NBA team is worth $1.25 billion.

The highest-paid player is Cleveland’s LeBron James with earnings of $71 million. James’ salary with the Cavaliers is $23 million. However, he makes $48 million off the court in endorsements.

For a complete list of teams, visit: www.forbes.com/nba

This story was originally published January 20, 2016 at 10:35 AM with the headline "Forbes ranks Dallas Mavericks 9th most valuable NBA team at $1.4 billion."