
What Are Teams Worth? Team Valuation ◾ 271
2003 Charlotte Bobcats 300 100 300 225 (2004) –25.0
2004 Atlanta Hawks 208 100 208 232 11.5
2004 New Jersey Nets 300 100 300 296 –-1.3
2004 Phoenix Suns 401 100 401 356 –11.2
2004 Charlotte Hornets 65 35 186 225 (2005) 21.2
2005 Cleveland Cavaliers 375 100 375 356 –5.1
2006 Seattle Supersonics 350 100 350 268 –23.4
2010 Charlotte Bobcats 300 Not known Not known 281
2010 Golden State Warriors 450 100 450 363 –19.3
2010 Washington Wizards 170 56 304 322 5.9
Average –19.8
Correlation between sale price and estimate = 0.628
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Although this lists the percentage of the team bought, there are typically many more details ...