Spurs franchise value nearly reaches $2 billion

San Antonio Spurs guard Dejounte Murray (5) during the second half of an NBA basketball game against the Charlotte Hornets in San Antonio, Saturday, Feb. 1, 2020. San Antonio won 114-90. (AP Photo/Eric Gay) (Eric Gay, Copyright 2020 The Associated Press. All rights reserved.)

SAN ANTONIO – New data from Forbes reveals the Spurs’ franchise value continues to rise and the organization remains one of the strongest in the league for smaller markets.

The Spurs are now valued at $1.8 billion, according to the 2020 Forbes NBA Team Values list, which was released on Tuesday.

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The franchise ranks No. 14 overall, but only behind Portland in terms of the league’s smaller markets. The Trail Blazers are valued at $1.85 billion and No. 13 overall.

(2020 NBA valuations via Forbes.com) (KSAT)

The data shows an 11 percent increase in value for the Spurs over a 1-year period. The Spurs were valued at nearly $1.6 billion in 2018.


According to the 2020 data, the Spurs revenue is $285 million with a $66 million operating income.

Player expenses are $142 million with a win-to-player cost ratio of 108.

(2020 NBA team valuations via Forbes.com) (KSAT)

Forbes reported the average value of an NBA franchise is worth more than $2 billion for the first time.

The New York Knicks ($4.6 billion), the Los Angeles Lakers ($4.4 billion) and the Golden State Warriors ($4.3 billion) are the three most valuable franchises, according to the site.

In 2011, no NBA franchise was valued at even $1 billion.

That year the Spurs were valued at $404 million, according to Forbes’ historical data.

About the Author:

RJ Marquez is co-host of KSAT News Now and reports for Good Morning San Antonio. He's been at KSAT since 2010 and covered a variety of stories and events across the San Antonio area. He also covers the Spurs for on-air and digital platforms, including his Spurs newsletter. RJ has reported stories for KSAT Explains.