Charlotte Bobcats Increase in Value but Drop to 29th in NBA
Michael Jordan’s NBA franchise has lost 15 straight home games, but Forbes magazine estimates his losses are smaller off the court. The magazine’s annual ranking of all 30 teams in value and estimated revenue and income puts the Charlotte Bobcats 29th in the league, worth $315 million.
Last year, Forbes ranked Charlotte as the 26th most valuable team, worth $277 million.
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