Thursday, December 29, 2011

Forbes: Magic team value $349M - Orlando Business Journal:

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According to Forbes’ annualp study of the businessof basketball, the team ranke No. 17 among the ’s 30 The are ranked the most valuable teamat $613 milliomn and the are the least valuable at $278 million, Forbes The Orlando Magic represented the fourthg highest value percentage changer behind the , 21 percent; , 14 and Oklahoma City Thunder, 12 percent. The Oklahoma City team playe as the last season beforwe relocatingto Oklahoma. In addition, the Magic reported an estimatef $100 million in revenued for the 2007-2008 season, accordinfg to Forbes.
The Magic had an impressive 2007-2009 season with 52 wins and 30 losses and its firsyt playoff series win in 12 The Magic won theirt first round series againstthe 4-1, but fell in the conferencr semifinals to the .

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