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Christy's Indianapolis Blog

By Christy Pingleton, About.com Guide to Indianapolis

What Our Indiana Pacers Are Worth, Relatively Speaking

Friday July 10, 2009

According to NBA team valuations posted on Forbes.com, our Indiana Pacers rank 22nd out of 30 NBA teams with a value of $303 million. Although that puts us in the bottom 25 percent in terms of worth, it could be worse -- the Milwaukee Bucks earned the distinction of being most worthless, with a value of $278 million. And if you take into consideration the fact that the Pacers were bought by team owners Melvin and Herbert Simon for a measly $11 million (albeit in 1983), the team's appreciation appears far more substantial. Besides, as the folks at Mastercard know, you can't put a price on everything -- the spirit having an NBA team brings to Indianapolis? Priceless.

Still wondering which NBA team was ranked most valuable in terms of hard, cold cash? That would be the New York Knicks, valued at $613 million.

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