How Much Are the Knicks Worth

The New York Knicks are worth $4 billion, making them the most valuable NBA team for the fourth straight year, according to Forbes . That’s despite having the worst record among the league’s 30 teams.

In its annual rankings, Forbes said the Knicks’ value increased 11 percent from last year because of a $1 billion renovation of Madison Square Garden, completed in 2013, that has produced a series of new revenue streams.