Forbes: Knicks lead NBA in franchise value

A failure to win on the court isn’t stopping the New York Knicks from growing in value.

According to Forbes magazine, the Knicks grew by over 15 percent in the last year and are worth a league-high $4.6 billion.

The increase has occurred despite the Knicks (17-37) closing in on their seventh straight losing season. New York is nearly assured of missing the playoffs for the seventh straight season and 13th in the past 16.