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Sacramento Kings' Value Soars to $4.45 Billion

2/14/2025

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Summary

Story summary

The Sacramento Kings have soared in value to $4.45 billion, ranking 14th in CNBC's NBA franchise valuations, a remarkable leap from Vivek Ranadivé's 2013 purchase price of $534 million. The Golden State Warriors top the list at $9.4 billion, with the New York Knicks and Los Angeles Lakers following closely behind. The average NBA team now stands at $4.66 billion.

History

Historical Context

The Sacramento Kings' value skyrocketed from $534 million in 2013 to $4.45 billion today, reflecting a trend in NBA franchises. This surge follows the Kings' near relocation to Seattle, thwarted by local efforts led by Mayor Kevin Johnson, preserving the team's legacy in Sacramento.

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Story summary

The Sacramento Kings have soared in value to $4.45 billion, ranking 14th in CNBC's NBA franchise valuations, a remarkable leap from Vivek Ranadivé's 2013 purchase price of $534 million. The Golden State Warriors top the list at $9.4 billion, with the New York Knicks and Los Angeles Lakers following closely behind. The average NBA team now stands at $4.66 billion.

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