Kings' Value Ranks Near Bottom Of NBA
SACRAMENTO (CBS13) - The Sacramento Kings have a good amount of fans and more viewers this season, but that's not translating into more dollars.
A new survey by Forbes Magazine ranks the team's value among the lowest in the NBA.
The Kings' value in 2007 was $385 million, good for the 12th spot in the league.
Now it's plummeted to $300 million and money is still a hot topic.
Forbes cited that fans feel the Maloofs were bullying taxpayers into funding a new arena.
The Lakers are the No. 1 most valuable team, worth $900 million.