Rocket Power: NBA Franchise Value Skyrockets, Set to Crack Top 5 by 2025
The Houston Rockets have soared to new financial heights, landing an impressive fifth place in CNBC's latest NBA team valuation rankings. Under the ownership of billionaire Tilman Fertitta, the franchise has been appraised at a staggering $5.7 billion, solidifying its status as one of the most valuable teams in the league. This remarkable valuation underscores the Rockets' strong market position and the continued financial growth of NBA franchises in an increasingly lucrative sports landscape.