Oklahoma City Thunder tops highest surge value, study says

OKLAHOMA CITY (KFOR) – The Oklahoma City Thunder has topped first place in rankings for the NBA teams with the highest surge in value in 2024.

According to the study, the ranking is determined by the percentage increase in each team’s value over the previous year with the Thunder surging to $3.08 billion with a 76% growth.

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The study, conducted by gaming site Rainbet.com , says every NBA team was based on its total value as of August 2024. The analysis utilizes data sourced from Sportico and Forbes, with Forbes providing insights into year-over-year valuation changes and Sportico detailing percentage increases in team value.

Here are the following results of that study:

1. Oklahoma City Thunder

Topping the list, Oklahoma City Thunder’s value has soared to $3.08 billion, reflecting a 76% increase. This rise follows a strong season led by Shai Gilgeous-Alexander, who earned All-NBA First Team honors for the 2023-24 season, and the team’s promising draft picks, including Chet Holmgren. The Thunder’s leap in value is mirrored by its growing fan base and a rise in national media coverage, showcasing its increasing influence in the NBA.

2. Minnesota Timberwolves

The Minnesota Timberwolves’ valuation jumped to $2.94 billion, a 73% increase from 2023. Anthony Edwards’ rise as a key player, along with their deep playoff run, has helped boost the team’s influence.

3. Detroit Pistons

The Detroit Pistons’ value has reached $3.1 billion, marking the third-highest increase at 70%. This surge in value is supported by a recent partnership with Wingstop, which strengthened their connection with fans and enhanced their national profile.

4. Charlotte Hornets

With a valuation of $3 billion, the Charlotte Hornets have experienced a 69% increase. The team has seen rising sponsorship deals and merchandise sales, boosting its market value.

5. Memphis Grizzlies

Also reflecting a 69% increase is The Memphis Grizzlies, achieving a valuation of $2.82 billion. This growth is driven by the team’s exciting on-court performances and the rising popularity of standout players like Ja Morant and Jaren Jackson Jr., which have significantly elevated the team’s profile.

The New Orleans Pelicans have seen their value increase by 67% to $2.72 billion. Similarly, the Cleveland Cavaliers’ valuation rose by 65% to $3.22 billion. Meanwhile, Orlando Magic experienced a 63% increase in its valuation, bringing it to $3.12 billion, according to the study.

The Indiana Pacers and the Denver Nuggets also saw remarkable growth. The Pacers’ valuation reached $3.27 billion, a 62% rise, while the Denver Nuggets, fresh off a successful season, are now valued at $3.4 billion, reflecting a 60% increase. The study reflected, the Nuggets have cemented their influence with a growing fan base and their 2023 Championship win.

The Head of Research at Rainbet.com , commented on the findings saying:

“It is interesting that this study focuses on smaller market teams rather than the big market teams such as the Boston Celtics or the LA Lakers. This suggests that the NBA’s competitive landscape might be becoming more balanced.

Gabriele Asaro, Head of Research

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