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The Data Behind Surging NBA Team Valuations

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At the beginning of this decade, the NBA was not on firm footing. More than half of the league’s teams were losing money, and negotiations on a new collective bargaining agreement were looming.

Today, however, the NBA has undeniable momentum, buoyed by hefty broadcast agreements and superstars like LeBron James and Steph Curry. With interest in the NFL flagging in the U.S., professional basketball appears to be seizing the opportunity to win over sports fans and grow the popularity of the league.

This momentum has pushed team valuations to new heights, with the median team now being worth a solid $1.56 billion.

What are the exact valuations of individual franchises in the league, and how are these values derived? Let’s dig into Forbes’ annual NBA Valuations Ranking to learn more.

Breaking down team value

Forbes has broken down the value of an NBA team valuations into four components:

Sport: The revenue shared equally among all teams in the league
Market: City and market size
Arena: Revenues from sources such as attendance and premium seating
Brand: The actual value of the team’s brand

Every single team in the NBA is now valued at over $1 billion, and all but one team (the Cavaliers) were profitable last year.

For teams like the Knicks and Lakers, it’s easy to see how their huge market size contributes to their sky-high valuations. The former is currently the second-most-valuable sports franchise in America, tied with the New York Yankees.

While the biggest teams are worth more than double the NBA median value, the rising tide appears to be lifting all boats. The median team value has risen steadily and is up nearly 200% since 2014.

NBA Team Valuations Median

Gold Rush

The biggest story in basketball over recent years has been the ascension of the Golden State Warriors.

Making the NBA finals four seasons in a row – and winning three of those match-ups – has had a massive impact on the team’s value, which has shot up 367% over the last five years. As the team moves to the brand new Chase Center next season, Golden State may even have a shot at surpassing the Knicks or Lakers in overall valuation.

Here are the top five gainers over the past five years:

NBA team value gainers

Fan Power

The teams with the highest revenue-per-fan are typically in smaller markets like Salt Lake City and Oklahoma City, though both cities are unique in that an NBA franchise is their only professional sports team.

The struggling Chicago Bulls comes in near the bottom by revenue-per-fan, despite being the fourth most valuable team in the league.

nba revenue per team

Shifting Gravity

In recent years, LeBron James has been one of the most electrifying personalities in professional sports, however, his influence on the NBA is now proving to be a double-edged sword. Since LeBron moved time zones from Cleveland to Los Angeles, NBA viewership is down – a dip that is particularly pronounced during the earlier Eastern Conference time slot.

Despite the slight dip in viewership, NBA teams are more profitable than they’ve ever been, and as the NBA turns its sights eastward to China, today’s valuations may seem modest in a few years time.

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Data Visualization

Visualizing the Happiest Country on Every Continent

Where are the happiest, least happy, and fastest improving countries worldwide? We’ve broken down this annual ranking by region to answer that question.

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Visualizing the Happiest Country on Every Continent

The state of our world is shifting beneath our feet — economics alone no longer equate to satisfaction, let alone happiness.

Today’s visualization pulls data from the seventh World Happiness Report 2019, which ranks 156 countries by their happiness levels. We’ve previously shown the variables used to measure happiness in this report, but here, we break down rankings by continent and region for a clearer picture of where each country lies.

happiness north america map

North America

Unhappy Americans have caused the country to tumble in rankings for a third straight year, despite evidence that things are generally looking up. The report attributes much of this erosion to a variety of addictions: opioids, workaholism, gambling, internet, exercise, and even shopping are among them.

Haiti is the least happy country in this region. The country is still struggling to rebuild sanitation infrastructure and other educational and healthcare programs, despite foreign aid.

In brighter news, Nicaragua is seeing great gains in happiness levels, as the country makes a concentrated effort to reduce poverty.

happiness south america map

South America

In South America, the majority of countries cluster around a score of six on the happiness scale.

The one notable exception to this is Venezuela, which is faltering in both happiness rank and regional improvement. The nation’s hyperinflation and humanitarian crisis both show no signs of slowing down.

happiness europe map

Europe

Finland comes out on top of the world for a second consecutive year, and it’s not difficult to see why. The country boasts a stable work-life balance, bolstered by a comprehensive welfare state.

Scandinavian countries appear among the happiest nations for similar very reasons — elevating the region’s score to 16% above the global average.

On the flip side, Ukraine is the unhappiest, likely intensified by the ongoing war in southeastern Donbass. Greece is the least improved, as it continues to heal from the sovereign debt crisis.

happiness middle east map

Middle East and Central Asia

Uzbekistan shows the swiftest regional improvement, as the country has launched an ambitious reform agenda for greater economic, social, and political development and openness.

Unfortunately, Syria’s continued civil war comes with a heavy price for its people and economy, as does the Palestinian-Israeli conflict — although the latter doesn’t seem to impact Israel’s happiness ranking. In fact, Israel finished with the 13th best score, globally.

happiness asia 2019

Rest of Asia and Oceania

In East Asia, the average happiness score is quite close to the global average, with Taiwan standing out as the happiest country.

Singapore out-competes other countries within Southeast Asia, despite only being home to a population of 5.6 million. Its neighbor Malaysia, however, plunged from 35th to 80th place.

Oceania stands alone – Australia and New Zealand are closely matched in their individual happiness scores.

happiness africa map

Africa

The African continent as a whole fares 19.2% below the global average. But there are silver linings, with strong strides towards improvement being made.

Mauritius benefits from good governance and a buoyant tourism sector — with visitor arrivals equal to the island’s 1.3 million population. Meanwhile, Benin has soared in the rankings, and is supported by the World Bank in key structural reforms such as poverty reduction and access to basic services.

What could these rankings look like in another ten years?

Notes: The Africa map was updated to show more country scores. The report only covers 156 countries, so “Oceania” only refers to Australia and New Zealand in this instance.

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Demographics

Median Age of the Population in Every Country

How do countries around the world compare in terms of age? This compelling visualization shows the median age for every country in the world.

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The Median Age of the Population in Every Country

View the full-size version of the infographic by clicking here

With a few notable exceptions, the world is rapidly aging.

Today’s infographic, which was shared by Bill Gates on Reddit, shows this incredible explosion in age and how different countries contrast with one another on this demographic metric.

While aging populations in Europe, North America, and Asia stand out on this type of visualization, it’s also important to look at the negative space. In both South America and Africa, populations are still quite young, with Africa getting younger and younger.

Note: The infographic is grouped based on U.N. regional classifications, and lumps Central America, the Caribbean, and South America as one demographic region.

The Oldest Countries

Which countries are the outliers in terms of global demographics?

Let’s start by taking a look at the oldest countries in terms of median age.

RankCountryMedian AgeRegion
#1Japan47 yearsAsia
#2 (t)Germany45 yearsEurope
#2 (t)Italy45 yearsEurope
#4 (t)Greece44 yearsEurope
#4 (t)Bulgaria44 yearsEurope
#4 (t)Portugal44 yearsEurope

Japan takes the cake for the oldest population and it’s joined by a host of European nations.

The following countries tied for the #7 spot, which is just off of the above list: Austria, Croatia, Latvia, Lithuania, Slovenia, Spain, and Bermuda. All of these places had median ages of 43 years, with Bermuda being the only non-European state of this group.

It’s worth noting that some smaller countries appear to be excluded from Gates’ infographic. As we showed on our last chart covering the subject of median age, which uses a different data set, the small city-state of Monaco (which has a population of just 39,000 people) actually has the highest median age in the world at 53.1 years.

The Youngest Countries

Now, let’s take a peek at the world’s youngest countries in terms of median age.

RankCountryMedian AgeRegion
#1 (t)Chad14 yearsAfrica
#1 (t)Niger14 yearsAfrica
#3 (t)Afghanistan16 yearsMiddle East
#3 (t)Angola16 yearsAfrica
#3 (t)Burkina Faso16 yearsAfrica
#3 (t)Mali16 yearsAfrica
#3 (t)Somalia16 yearsAfrica
#3 (t)South Sudan16 yearsAfrica
#3 (t)Uganda16 yearsAfrica

The youngest countries globally are Chad and Niger with a median population age of 14 years. Both are located in Sub-Saharan Africa.

The only non-African country is war-torn Afghanistan, where the median age is 16 years.

A variety of countries tied with a median age of 17 years old, which puts them just off of the above list. Those countries include: Benin, Burundi, Ethiopia, Madagascar, Malawi, Nigeria, Tanzania, Zambia, Yemen, and Timor-Leste.

More Context on Aging

Want to get an even better idea of what the world looks like as it ages?

To get a sense of change over the coming decades, it’s worth taking a look at this animation that shows median age projections with a focus on Western countries all the way until the year 2060.

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