Bucks least valuable franchise according to Forbes

(WNFL)- The Bucks continue to be the least valuable franchise in the NBA. But Forbes Magazine said it’s worth $50 million more than what Wes Edens and Marc Lasry paid for the club last summer. Forbes says the Bucks are now valued at $600 million. The magazine says the team had $11.5 million in operating income after last season, although Bucks’ president Peter Feigin (fay-gn) said the team lost money in four to five years under former owner Herb Kohl. Forbes says the average NBA team is now worth $1.1 billion, 74% more than a year ago. The LA Lakers are the most valuable, at $2.6 billion.