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05:29 PM ET 01.23 | The New York Knicks are once again the NBA's most valuable franchise, according to estimations released by Forbes. With an estimated value of $1.1 billion, the Knicks are one of two teams to be worth an estimated $1 billion or more along with the Los Angeles Lakers. Rounding out the top five most valuable NBA franchises are the Chicago Bulls ($800 million), Boston Celtics ($730 million) and Dallas Mavericks ($685 million). The NBA's least valuable team according to Forbes? The Milwaukee Bucks, at an estimated $312 million.

Forbes

Kim Klement-USA TODAY Sports

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January 23, 2013 05:38 PM ET

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It's a great time to be a Knick.... now headed off to the Laker thread for some drama... see ya!

Lostwill

Natick , MA

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January 23, 2013 08:26 PM ET

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And the Mighty Raptors are the most valuable Canadian NBA team

Onion

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January 25, 2013 12:51 PM ET

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Politician owning the team doesn't help. WORST OWNER EVER!!! If you don't spend the money, you're not going to get people to spend it back. Capitalism 101.

acefspradez

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January 25, 2013 12:51 PM ET

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QUOTE(#5):

Originally posted 12:51 PM ET 01.25 by acefspradez

Politician owning the team doesn't help. WORST OWNER EVER!!! If you don't spend the money, you're not going to get people to spend it back. Capitalism 101.

Talking about the Bucks owner. Sorry I didn't clarify that in the first place.