News

Bulls valued at $1B, third highest in NBA — Forbes

By Sun-Times Wire

During Michael Jordan’s last eight full seasons in Chicago, the Bulls exceeded 50 wins in all eight.

In the 15 seasons since MJ hoisted the NBA championship trophy, the Bulls have won 50-plus once.

Nonetheless, the Bulls are one of three NBA teams valued at $1 billion or more, according to a recent report by Forbes.

The Knicks top the league at $1.4 billion followed by the Lakers at $1.3 billion and the Bulls at $1 billion.

The Celtics ($875 million) and the Nets ($780 million) complete the Top 5, which currently does not have a team above .500 in the standings.

The two-time defending champion Miami Heat is seventh at $770 million.

The Bucks are last in the league at $405 million. Click here for the full list.

Forbes also had Derrick Rose ranked No. 3 on the NBA’s highest-paid list.

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