Los Angeles Lakers 2020 Franchise Value

The Los Angeles Lakers 2020 franchise value has been released recently. It must be going pretty well for them considering they are officially NBA champions. It was a long season for the Lakers, who had to deal with the loss of their champion Kobe Bryant back in January. This was devastating for the entire organization who looked at Kobe as a source of pride.

Then came the COVID situation. The NBA was forced to delay the season and some even thought that it might be cancelled outright. However, after a few months off, the NBA restarted in a bubble format in Orlando. And it worked for the most part. But staying in one place is only viable for so long. LeBron talked about this.

“I am here for one reason and one reason only, and that’s to compete for a championship,” James said. “That was my mindset once I entered the bubble, once I entered the quarantine process the first two days. And then right from my first practice my mindset was to, if I’m going to be here, make the most of it and see what you can do and lock in on what the main thing is. And the main thing was for us to finish the season and compete for a championship.

“So that’s just been my mindset throughout these — I don’t even know how many days it is, whatever how many days it is, it feels like five years so it really doesn’t matter. I’ve been as locked in as I’ve ever been in my career.”

Los Angeles Lakers 2020 Franchise Value

But it looks like that didn’t impact the bottom line too much.

Los Angeles Lakers 2020 Franchise Value (estimate): $4.4 billion

Their success that the team had was reflected in the team’s value, with Forbes noting in February that the Lakers joined the Golden State Warriors and New York Knicks as the only NBA franchises with a value that exceeds $4 billion. In fact, the team saw an increase of $700 million over the past year. The franchise value went from $3.7 billion to $4.4 billion. This ranks them second to the Knicks’ $4.6 billion franchise value. 

Only the NFL team the Dallas Cowboys and the MLB team the New York Yankees are worth more than these two NBA teams. This is pretty impressive given that this was a down year financially.

Does this amount of money surprise you?