From $16 M to $10 B: NBA Team Values Went Insane
From $16 Million to $10 Billion — How NBA Team Values Exploded from Bargains to Billions Over the Last 40 Years It still feels surreal when I think about it. In 1985, Jerry Reinsdorf bought the Chicago Bulls for just $16 million—a price that feels quaint now. Fast forward to 2025, and the Los Angeles Lakers sold for a staggering $10 billion. That’s a leap from “college-town budget” to “world-class empire” in a generation. Somewhere between Michael Jordan’s first championship parade and LeBron James’ Hollywood run, the entire NBA transformed—from a mid-tier property into a global juggernaut valued in the
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