According to Forbes, the New York Knicks have overtaken the Los Angeles Lakers as the NBA’s most valuable franchise. Increased ticket sales and sponsorhips at the World’s Most Famous Arena raised the Knicks value 12 percent from $586 million to $655 million while the Lakers went up 6 percent from $607 million to $643 million. I can’t imagine how much higher the Knicks value would have risen if Lebron would have chosen NY as his new home instead of South Beach. However, with the constant rumors of Melo coming over (and possibly CP3), Knicks should be able to hold this number one spot in next year’s rankings. Show me the money! Let’s go NY!
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