How Much Is a Championship Worth? Forbes Tells Us...

Forbes released its annual list of the most valuable sports franchises today, and found that the Celtics' championship paid off in a big way:

The Celtics' NBA-record, 42-win regular season improvement and NBA title boasted the value of the franchise 14% to $447 million, ninth highest in the league.

Last year, the Celtics were valued at $391 million, a change of $56 million.  The Celtics had total revenue of $149 million, and "income" (really EBITDA, earnings before interest, taxes, depreciation and amortization) of $20.1 million.

Also, Forbes named Wyc Grousbeck the 6th best owner in the NBA.  During his tenure, Wyc has overseen the Celtics grow 54.1% in value (8th in the NBA) and 53.6% in revenue (4th in the NBA), and earn $113 million in operating profits (6th in the NBA), despite not owning the Garden.  I guess the owners' investment was worth it, huh?

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join CelticsBlog

You must be a member of CelticsBlog to participate.

We have our own Community Guidelines at CelticsBlog. You should read them.

Join CelticsBlog

You must be a member of CelticsBlog to participate.

We have our own Community Guidelines at CelticsBlog. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker