At $9.1 billion, the Warriors are the most valuable NBA franchise and the second-highest valued organization in all of U.S. professional sports, according to an annual valuation from Sportico.

Only the Dallas Cowboys are worth more than Golden State, according to both Sportico and Forbes, which valued the Warriors at $8.8 billion in October. The Warriors have been considered the most valuable franchise in the NBA since 2022.

The Warriors’ value increased by 10% year over year, per Sportico. One contributing factor is their ownership of the Golden State Valkyries, the WNBA expansion team set for its inaugural season in 2025.

Warriors owner Joe Lacob, who also owns the Valkyries, bought the franchise in 2010 in a group with Peter Guber for $450 million. That means the franchise has increased roughly 1,900% in the 15 years since Lacob purchased the team.

The Warriors moved from Oracle Arena in Oakland to the Chase Center — the team’s massive, privately financed project — in 2019. Among the top 10 NBA franchises, only the Celtics and Lakers don’t own the arenas they play in.

A recent economic impact report estimated that the Chase Center generated $4.2 billion for the San Francisco economy since it opened through NBA games, concerts, live events and Thrive City activations.

Second on Sportico’s NBA franchise valuation list is the New York Knicks ($8.3 billion). The Lakers ($8.07 billion) rank third, and no other franchise is valued over $6 billion. The Boston Celtics, which are for sale, are valued at $5.66 billion.

The average NBA team is worth $4.6 billion, per Sportico, representing a 15% increase over last year. Despite recent concerns over television ratings, the league is buoyed by an 11-year media rights deal worth roughly $76 billion.

— Danny Emerman

THUNDER 105, MAGIC 99 >> Shai Gilgeous-Alexander scored 35 points and Jalen Williams scored six straight points in a run in the fourth quarter that helped turned back an Orlando comeback bid as visiting Oklahoma City beat the Magic.

Isaiah Hartenstein had 12 points and 12 rebounds for the Thunder. Williams, Aaron Wiggins and Alex Caruso each finished with 11 points.

Anthony Black scored the first nine points in the fourth quarter and matched his career high with 23 points for the Magic.

BULLS 117, CELTICS 108 >> Zach LaVine scored a season-high 36 points and visiting Chicago used a fourth-quarter flurry to hold off Boston in the opener of a home-and-home set.

The teams will meet again in Chicago on Saturday night.

Ayo Dosunmu added 17 points and Nikola Vucevic had 16 points and 14 rebounds to help the Bulls win their season-best third straight.

Chicago outscored the Celtics 35-22 in the fourth quarter and made 19 3-pointers for the game.

Jayson Tatum had 31 points to lead Boston, which lost for just the fourth time at home this season. Kristaps Porzingis added 20 points and eight rebounds.

JAZZ 126, PISTONS 119 >> Collin Sexton scored 30 points, Lauri Markkanen had 27 points and 14 rebounds and visiting Utah beat Detroit for its second victory in 10 games.

Keyonte George added 28 points for the Jazz, who built a 29-point lead in the first quarter and overcame 27 turnovers to improve to 6-20.

Cade Cunningham had 33 points for the Pistons before fouling out in the final minute. Malik Beasley added 23.

WIZARDS 123, HORNETS 114 >> Jordan Poole scored 27 points and Malcolm Brogdon added 25 in his return from injury as host Washington beat Charlotte Hornets.

Rookie Alex Sarr had 19 points and nine rebounds for the Wizards (4-21), who snapped a three-game skid in winning for just the second time in 21 games. Washington’s sluggish start follows a franchise-worst 15-67 record a season ago.

LaMelo Ball had 34 points and 13 assists for the Hornets, who lost their third straight and for the 11th time in 12 games.