Knicks most valuable NBA team

Updated: December 5, 2008, 12:44 AM ET
Associated Press

NEW YORK -- For the fourth straight year, and despite front office and player turmoil, the New York Knicks are the NBA's most valuable team.

The Knicks are worth $613 million, according to Forbes' latest rankings, an increase of 1 percent over their 2007 value. Throughout the past year, the franchise has made many headlines off the court, ranging from former team president Isiah Thomas being found guilty in a sexual harassment lawsuit to guard Stephon Marbury's feud with management and coach ...

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