Brooklyn Nets

The Brooklyn Nets are an American expert basketball crew primarily based totally withinside the New York City borough of Brooklyn with a value of $2.5 billion. The Nets compete withinside the National Basketball Association (NBA) as a member of the Atlantic Division of the Eastern Conference. The crew performs its domestic games at Barclays Center. They are certainly considered one among NBA groups positioned in New York City; the alternative is the New York Knicks.

The membership changed into hooked up in 1967 as a constituent franchise of the NBA's rival league, the American Basketball Association (ABA). They performed in New Jersey because of the New Jersey Americans at some point of their first season, earlier than moving to Long Island, New York, in 1968 and converting their call to the New York Nets. During this time, the Nets received ABA championships (in 1974 and 1976). In 1976, the ABA merged with the NBA, and the Nets have been absorbed into the NBA together with 3 different ABA groups (the San Antonio Spurs, Indiana Pacers, and Denver Nuggets), all of whom continue to be withinside the league to this day.

Value: $2.5 billion