What franchise is the most valuable, though? And what goes into determining how much each team is worth? CNBC senior sports reporter Michael Ozanian broke it all down. The five most valuable NBA franchises, according to Ozanian, are as follows: 1. Golden State Warriors, $9.4 billion. 2. New York Knicks, $7.5 billion. 3. Los Angeles Lakers, $7 billion. 4. Chicago Bulls, $5.8 billion. 5. Houston Rockets, $5.7 billion