The franchise value of the New York Knicks reached 7.5 billion U.S. dollars in 2024. This denoted an increase of roughly 14 percent over the previous year, when the National Basketball Association franchise had an estimated value of 6.6 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 2023/24 season, the gate receipts of the New York Knicks reached 175 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 2023/24 season, the revenue of the New York Knicks amounted to 543 billion U.S. dollars. In the rankings for NBA franchises with the highest revenue, the Knicks were second-placed for that season, behind the Golden State Warriors, whose revenue amounted to 800 million U.S. dollars.
New York Knicks franchise value from 2003 to 2024
(in million U.S. dollars)
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Forbes. (October 25, 2024). New York Knicks franchise value from 2003 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/194666/franchise-value-of-the-new-york-knicks/
Forbes. "New York Knicks franchise value from 2003 to 2024 (in million U.S. dollars)." Chart. October 25, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/194666/franchise-value-of-the-new-york-knicks/
Forbes. (2024). New York Knicks franchise value from 2003 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/194666/franchise-value-of-the-new-york-knicks/
Forbes. "New York Knicks Franchise Value from 2003 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Oct 2024, https://www.statista.com/statistics/194666/franchise-value-of-the-new-york-knicks/
Forbes, New York Knicks franchise value from 2003 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/194666/franchise-value-of-the-new-york-knicks/ (last visited December 22, 2024)
New York Knicks franchise value from 2003 to 2024 (in million U.S. dollars) [Graph], Forbes, October 25, 2024. [Online]. Available: https://www.statista.com/statistics/194666/franchise-value-of-the-new-york-knicks/
