NBA Team Values Double Since Ballmer’s Entrance

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The value of the average NBA franchise has nearly doubled in the last two years in the latest valuation released by Forbes.com. BusinessInsider.com said the biggest factor was the $2 billion purchase of the Los Angeles Clippers by former Microsoft Chief Executive Steve Ballmer.

While some critics believe Ballmer overpaid for the franchise, it shows that Forbes was underestimating how much people would be willing to pay for NBA franchises.

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