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Fifteen years ago, Josh Harris, David Blitzer and Co. bought the Sixers for a reported $280 million. In the ensuing decade-and-a-half, the Sixers’ value has jumped up to an estimated $7.15 billion, according to the latest estimates from Sportico released Friday.
The Sixers currently clock in as the NBA’s ninth-most-valuable franchise, just behind the Brooklyn Nets. They’re nowhere close to the Golden State Warriors ($14.5 billion), New York Knicks ($12.8 billion) or Los Angeles Lakers ($12.5 billion), but they aren’t far off from the Los Angeles Clippers ($8.21 billion), Chicago Bulls ($8.13 billion), Miami Heat ($8.05 billion) or Boston Celtics ($8.0 billion).
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Their value may only continue to skyrocket, too.
For one, their estimated valuation jumped by 27 percent just within the past year, which was the fifth-biggest jump in the NBA, per Sportico’s Kurt Badenhausen. If the NBA does expand to Las Vegas and Seattle—and the price of the Vegas franchise and new arena does top $12 billion, as expected—that should help push up every existing team’s valuation as well.
The Sixers also had kind of a big summer, in case you hadn’t heard. Not only did they pry Jaylen Brown away from the Celtics, but they also signed some guy named LeBron James to a two-year, veteran-minimum contract.
According to Badenhausen, 15,000 people “put down deposits on season tickets within the first 72 hours” after the Sixers signed LeBron. The Sixers “limited those to half-season and partial plans to allow more people into the building and also boost the revenue yield,” Badenhausen added. (Of course they did.) He estimated regular-season ticket revenue will increase by 50 percent this season.
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They’ve also been active on the business side of the organization, as Badenhauser reported:
“Interest on the sponsorship side has been just as active, with revenue projected to grow at least 50% this season. Last month, the team signed a new jersey patch deal with Bloom Energy that is the second-biggest jersey deal in the NBA after the Warriors, according to two people familiar with the details. The 76ers are not doing any sponsor…
Source link : https://sports.yahoo.com/articles/sixers-business-booming-thanks-part-133551333.html
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Publish date : 2026-10-12 13:35:00
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