Knicks top Forbes list as most valuable NBA franchise for third straight year

Updated: December 6, 2007, 8:02 PM ET
Associated Press

NEW YORK -- The New York Knicks' struggles on and off the court didn't keep the team from remaining the NBA's most valuable franchise for the third straight year, according to a list compiled by Forbes.

The Knicks were valued at $604 million, up 3 percent from the previous year despite a spate of losing, an embarrassing defeat in a sexual harassment lawsuit, and continuing questions about the future of coach Isiah Thomas.

The NBA's marquee franchise also had a league-high $196 ...

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