However, the New York Knicks, the team with the worst record in the 2018-19 season, has the highest valuation on the Forbes list at $4.6 billion.
Last year's NBA champions, the Toronto Raptors, saw the biggest boost in their value and are now worth $2.1 billion, according to Forbes.
, which released valuations for each NBA team on Tuesday. The Raptors are now worth $2.1 billion in the latest Forbes valuations, a 25% increase over last year's figure.
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