Golden State Warriors Valued at NBA-Best $10.8 Billion

CNBC report shows Warriors remain the league's most valuable franchise for second consecutive year

Published on Feb. 15, 2026

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According to CNBC's 2026 team valuations, the Golden State Warriors are the NBA's most valuable franchise for the second year in a row, with a valuation of $10.8 billion. This represents a significant increase from their $9.4 billion valuation the previous year, largely due to the success of Chase Center, the team's state-of-the-art arena opened in 2019.

Why it matters

The Warriors' high valuation reflects their dominance both on and off the court. Their ownership of Chase Center, which hosts not only Warriors games but also other sporting events and concerts, has been a major driver of their revenue growth and overall franchise value. This underscores the importance of modern, revenue-generating arenas in the NBA's current landscape.

The details

The Warriors are one of only three NBA franchises, along with the New York Knicks and Los Angeles Lakers, to be valued at $10 billion or more. CNBC senior sports reporter Mike Ozanian attributes the Warriors' high valuation to their ability to generate the most revenue in the NBA through ticket sales, sponsorships, advertising, and luxury seating at Chase Center.

  • The Warriors' valuation of $10.8 billion is for the 2026 season, according to CNBC's latest team valuations.
  • The team's previous valuation was $9.4 billion in 2025.

The players

Golden State Warriors

An NBA franchise that has won four championships since 2015 and owns the state-of-the-art Chase Center arena, which has been a major driver of their revenue growth and overall franchise value.

Joe Lacob

The primary owner of the Golden State Warriors, who led an investment group that purchased the team for $450 million in 2010.

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What they’re saying

“The Warriors generate by far the most revenue in the NBA. They own their own state-of-the-art arena, which allows them to be tops in the NBA in ticket revenue, sponsorship revenue, advertising revenue and also luxury seating/premium seating revenue -- all the benefits of owning and operating a great arena.”

— Mike Ozanian, CNBC Senior Sports Reporter (CNBC)

What’s next

The Warriors' high valuation and continued success on and off the court will likely lead to increased interest and speculation about the potential sale of the franchise, although team owner Joe Lacob has not indicated any plans to sell the team in the near future.

The takeaway

The Golden State Warriors' $10.8 billion valuation, the highest in the NBA, underscores the importance of modern, revenue-generating arenas in the league's current landscape. The team's ownership of Chase Center, which hosts a variety of events beyond just Warriors games, has been a major driver of their financial success and overall franchise value.