Knicks extend reign
The New York Knicks are the NBA’s most valuable team for a seventh consecutive year, according to the annual list published by Forbes on Monday. The Knicks, who have just one playoff series victory since 2000 and last won an NBA title in 1973, are worth US$5.8 billion, up 16 percent from a year ago, Forbes said. The Golden State Warriors (US$5.6 billion), Los Angeles Lakers (US$5.5 billion), Chicago Bulls (US$3.6 billion) and Boston Celtics (US$3.5 billion) rounded out the top five.
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