The Celtics are valued lower than other top NBA franchises, and here’s why

The Boston Celtics franchise is valued at $8 billion, making it the 7th-highest-valued franchise in the NBA, per Sportico’s latest analysis. That trails the Golden State Warriors ($14.5 billion), New York Knicks ($12.8 billion), Los Angeles Lakers ($12.5 billion), Los Angeles Clippers ($8.2 billion), Chicago Bulls ($8.1 billion), and Miami Heat ($8.05 billion).

For reference, the Celtics were the 5th-highest-valued franchise in 2025 and the 6th-highest-valued franchise in 2024, so this valuation marks a slight downturn.

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Trailing the Celtics, the Brooklyn Nets ($7.45 billion), Philadelphia 76ers ($7.15 billion), Houston Rockets ($6.9 billion), and Toronto Raptors ($6.5 billion) round out the Top 10.

The Celtics were sold at a $6.1 billion valuation in 2025, so in just the last year and a half, the value has ballooned. But it’s nonetheless noteworthy to see other, less successful franchises top the list of NBA valuations.

One major reason the Celtics are not valued higher is that they do not own TD Garden or control its in-arena operations, hospitality, and luxury suite revenue, as most teams ahead of them do. The ownership groups of the Warriors, Lakers, Clippers, Knicks, and Bulls all own their arenas.

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Will the Celtics build their own arena?

During an appearance on WEEI’s “The Greg Hill Show” in August, Chisholm was asked whether the Celtics needed a new arena to remain financially competitive with other franchises.

“No, but I do think we need to have an arena that is consistent with the quality and the excellence of the Celtics. We need to create the best fan and player experience we can,” he said.

The Celtics have played at TD Garden since 1995, when it first opened as the FleetCenter. The building is owned by Delaware North, which also owns and operates the Boston Bruins.

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“I think we’ve got a really good partner right now on that front and we’ve got a really good location,” Chisholm said. “So making sure that we’re all aligned on that objective, which is creating the best fan and player experience possible and make sure we don’t lose focus on what really matters, which is…

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Publish date : 2026-10-12 15:13:00

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