Sports
Sports

Forbes: Hawks worth $425 million

Hawks forward Paul Millsap gets past Heat forward Shane Battier for two of his team-high 26 points during the first half of their NBA basketball game on Monday, Jan. 20, 2014, in Atlanta. CURTIS COMPTON / CCOMPTON@AJC.COM

Credit: Curtis Compton

Credit: Curtis Compton

Hawks forward Paul Millsap gets past Heat forward Shane Battier for two of his team-high 26 points during the first half of their NBA basketball game on Monday, Jan. 20, 2014, in Atlanta. CURTIS COMPTON / CCOMPTON@AJC.COM
By Chris Vivlamore
Jan 22, 2014

Forbes unveiled its annual NBA team valuations Wednesday and the Hawks came in at 27th with a net worth of $425 million.

Only the Pelicans ($420 million), Bobcats ($410 million) and Bucks ($405 million) are worth less according to the publication. It reported the average worth on an NBA franchise at $634 million. The Knicks are the league’s most valuable franchise at $1.4 billion.

The Hawks’ 34 percent value change over last year did represent the the fifth largest increase among the 30 teams said the report. The publication listed the Hawks’ revenue at $119 million.

According to the report, the Hawks are one of four NBA teams that lost money on an operating basis at $3.6 million. The Nets ($19 million), 76ers ($3.8 million) and Timberwolves ($2.7 million) are the other franchises losing money.

About the Author

Chris Vivlamore is the sports editor at The Atlanta Journal-Constitution. He has served as reporter and editor at the AJC since 2003.

Follow Chris Vivlamore on twitter
More Stories

Keep Reading

Ava Merrill of Johns Creek shot a record 15-under 201 to win the 96th Georgia Women's Amateur Championship at Dunwoody Country Club, July 2. (Courtesy of Kate Awtrey-King)

Credit: Kate Awtrey-King

Merrill wins Georgia Women’s Am with record score

In addition to having her name engraved on the Eleanor M. Keeler Trophy, Merrill receives an exemption into the U.S. Women’s Amateur at Bandon Dunes.

Jermaine Dupri, Big Boi, Kandi Burruss to join All-Star celebrity softball game

Expect plenty of Atlanta flair when MLB’s All-Star Celebrity Softball Game hits Truist Park on July 12.

Dream’s Allisha Gray named starter for WNBA All-Star Game

Dream guard Allisha Gray was named a WNBA All-Star starter for the first time, becoming the first Atlanta player to earn the honor since 2018.

The Latest

Ava Merrill of Johns Creek shot a record 15-under 201 to win the 96th Georgia Women's Amateur Championship at Dunwoody Country Club, July 2. (Courtesy of Kate Awtrey-King)

Credit: Kate Awtrey-King

Merrill wins Georgia Women’s Am with record score

Jermaine Dupri, Big Boi, Kandi Burruss to join All-Star celebrity softball game

Sports Daily: Rest easy, Coach

Featured

The city of Brookhaven's mayor and City Council last week decided to remove the colored panes of glass from the dome of Brookhaven's new City Centre after residents objected to the brightness of the colors, seen here Friday, June 27, 2025. (Reed Williams/AJC)

Credit: Reed Williams/AJC

Brookhaven removes colored glass from City Centre dome after uproar

Some say the colors were too bright, the dome looked like ice cream with sprinkles and the hues distracted from the building’s muted design.

Confederate group sues to stop Stone Mountain’s ‘truth-telling’ exhibit

The Sons of Confederate Veterans allege the park’s changes to its Civil War history exhibits violate state law.

Georgia student going to court after being expelled for warning of threat

The middle school student was expelled after he sent messages to friends about a video he'd seen with someone threatening to shoot up area schools.