Franchise value of the New York Knicks (NBA) 2003-2023

The franchise value of the New York Knicks reached 6.6 billion U.S. dollars in 2023. This denoted an increase of roughly eight percent over the previous year, when the National Basketball Association franchise had an estimated value of 6.1 billion U.S. dollars.

Madison Square Garden - home of the Knicks

The New York Knicks are part of the Eastern Conference of the National Basketball Association (NBA). The franchise was established in 1946 and was one of the founding members of the Basketball Association of America, which later became the NBA through a merger with the National Basketball League. Home games of the New York Knicks are played at the Madison Square Garden, which has a capacity of almost 20 thousand for basketball games. During the 2022/23 season, the gate receipts of the New York Knicks reached 154 million U.S. dollars. The team, as well as the arena, is owned by the Madison Square Garden Company, which also owns the WNBA’s New York Liberty basketball team and the New York Rangers of the National Hockey League.

How much revenue does the Knicks franchise generate?

During the 2022/23 season, the revenue of the New York Knicks surpassed the half-billion dollar mark for the first time. In the rankings for NBA franchises with the highest revenue, the Knicks were third-placed for that season, behind the Golden State Warriors and the Los Angeles Lakers, respectively. The 2022/23 season saw the Knicks reach the second round of the playoffs, however, they were beaten by the Miami Heat who went on to feature in the Finals against the Denver Nuggets.