New York Knicks Sit At Most Valued NBA Team Despite Lack Of Success

It was announced that the New York Knicks are the most valued NBA team going into the 2021/22 season with a $5.8 billion dollar price tag to their name. The value price was announced by Forbes Magazine and later made headlines with SportsCenter. Overall the New York Knicks have not won a championship since the 1972 season despite them having several playoff appearances from 1973-2020, In that span the New York Knicks have gone 1830-2032 with a .473 wp% through 3,862 games. The Knicks did have a winning record at the turn of the century where they were 1194-1070 after their 2000 season, at the time they were the most valued NBA franchise with a worth of $334 million. The Knicks dipped below .500% after their 2007 season where they finished 23-59, moving their record to 1412-1426 since their last championship, at that time they were worth $592 million. The Knicks have failed fans with many losing seasons, but yet still draw in big crowds and sales as New York continues to be the mecca of sports.