Latest NBA team valuations are whacky
It doesn't matter how bad your favorite basketball team is, it can still be a more valuable asset to the NBA.
Nearly 76 years ago Wednesday, the Basketball Association of America and the National Basketball League merged to form the National Basketball Association (NBA), a professional basketball league in North America composed of 30 teams, with 29 in the U.S. and one in Canada.
Since then, the NBA has become the top basketball league in the world, gaining a massive fanbase that continues to grow yearly thanks to its passionate followers who have infused the sport into American culture.
