Bulls are one of most valuable franchises in basketball: Report - FOX 10 News | fox10phoenix.com

Bulls are one of most valuable franchises in basketball: Report

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CHICAGO (FOX 32 News) -

Forbes is out with a new report that shows the Chicago Bulls are one of the most valuable franchises in basketball.

According to Forbes, the Bulls are the third most valuable franchise in the league. They are currently worth $800 million.

That is right behind the New York Knicks and Los Angeles Lakers who are valued at $1 billion each.

If you're wondering, Forbes said the Bears are worth $1.2 billion, the Cubs are worth $880 million, the White Sox are worth $600 million and the Blackhawks are worth $350 million.

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