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    [OC] Since drafting Steph Curry in 2009, the Warriors' valuation has grown from $315 million to $8.8 billion to become the most valuable team in the league today.
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    [OC] Since drafting Steph Curry in 2009, the Warriors’ valuation has grown from $315 million to $8.8 billion to become the most valuable team in the league today.

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    18 Comments

    1. irisfailsafe on

      How are the Knicks worth anything?
      Teams in the US need to implement relegation. The best way to get rid of stupid owners

    2. frayedreality on

      Source : Forbes
      Tools used: Excel

      Building Chase Center was one of the big turning points. The Warriors paid $1.4 billion out of their own pockets to build Chase Center in 2019, and the return on investment has been very high. According to a 2024 report by Accenture, the 18,000-seat arena has generated $4.2 billion since its opening in 2019, including over $2.9 billion in direct spending and more than $1 billion in recirculated spending. The Warriors remain one of the only NBA teams that fully own their arena.

      This chart first featured on my newsletter [The Bagel Report](https://thebagelreport.com)

    4. ElectoralCollegeLove on

      As Simon Kuper and Stefan Szymanski demonstrated in their masterpiece Soccernomics, best investment is convincing star players at your hand to remain with decent contracts.
      GSW is a living experiment.

    6. DrNO811 on

      I don’t understand the Knicks line – how have they added that much value? Or have we actually had the dollar devalued that much in that time period?

    8. YourboyJay32 on

      This chart would be more convincing if talked about how winning championships (GSW won in ’22) can improve the valuation but as others have said, NBA team valuations as a whole have gone up and building a stadium in one of the most competitive real estate markets in the world may have more to do with it than Steph Curry.

    13. mystlurker on

      Would be interesting to see this normalized in some way for the local markets. How much of this is just a reflection of the local property markets and general inflation and how much is really because of the team. The gap in recent years implies that some might be team based, but the longer term trend is likely just general asset inflation.

      Sports teams are interesting in that they are an extremely limited resource that (in many cases) the existing owners have control over “making more”, turning them into a very unique asset class that is based primarily around their rarity and not the underlying fundamentals of the income streams. These are collectible items for billionaires that can already buy everything else they want.

      Throw in nearly 15 years of low to zero interest rates and you have a recipe for some insane valuation growths. (Not unlike the magnificent 7, though different rarity dynamics built more around market monopolies/duopolies)

    14. ThotMobile on

      Hasn’t the NBA experienced a viewership downtrend by a fairly significant amount since like 2010? Pretty impressive for a team to 20x in valuation given that fact.

    15. Edz_ on

      That’s cool and all but if you sold the GSW for 500m in 2010 and yolo’ed that money in bitcoin at .05c you would have 42 trillion dollars.

      And you don’t even need the best shooter of all time.

    17. nun_gut on

      You think eggs are expensive, won’t you spare a thought for the poor billionaires who need to buy a sports team for the tax breaks.

    18. cruisin_urchin87 on

      Not very beautiful. OP your headline indicates Curry gave them some kind of special boost, but the chart just shows three NBA teams whose valuations have increased in lock step.

      Maybe add more teams?