Suns rank 13th in list of NBA's most valuable teams - WTVM.com-Columbus, GA News Weather & Sports

Suns rank 13th in list of NBA's most valuable teams

Posted: Updated:
© CBS 5 © CBS 5
PHOENIX (CBS5) -

The Phoenix Suns are the NBA's 13th most valuable team, according to a list posted by Forbes magazine.

The Suns are valued at $474 million and earn a profit of $13 million, the magazine said.

In their comments, the magazine said the Suns have cut ticket prices in recent years, but continue to see attendance slide at US Airways Center. Last season's 13 percent drop was the third straight year of decline, the magazine noted.

The New York Knicks are the league's most valuable team, worth $1.1 billion. The Lakers rank No. 2, worth $1 billion, up 11 percent from last year. [Related: Read the full report]

Copyright 2013 CBS 5 (KPHO Broadcasting Corporation). All rights reserved.

Powered by WorldNow

1909 Wynnton Road
Columbus, Ga. 31906

FCC Public File
publicfile@wtvm.com
706-494-5400
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WTVM. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.