Even if they lack the championship pedigree as they’ve done in seasons past, the Lakers are still considered kind of a big deal.
According to Forbes.com’s annual NBA team valuations, the Lakers are worth $1.35 billion and trailed only the New York Knicks ($1.4 billion). The Forbes report cited the Lakers receiving a 35 percent increase in profit stemmed from the team’s 25-year, $5 billion television deal with Time Warner Cable. The report estimated the franchise earned about $122 million last season in their first year with the network. That’s estimated about 20 times more worth than what the Milwaukee Bucks and Charlotte Bobcats make with their respective cable deals.
The report also stated the Lakers made $295 million in revenue when accounting for revenue sharing for the league and featured a $66 million operating profit.
Follow L.A. Daily News Lakers beat writer Mark Medina on Twitter. E-mail him at firstname.lastname@example.org