A literature review is an evaluative report of information found in the literature related to your selected area of study. The review should describe, summarise, evaluate and clarify this literature. It should give a theoretical base for the research and help you (the author) determine the nature of your research.
The Most Valuable NBA Teams. The average NBA team is worth $509 million, a 30% increase over last year. The increase is due to higher revenue from television, new and renovated arenas, and the NBAâs new collective-bargaining agreement, which reduced player costs from 57% of revenues to roughly 50%.
Four years later, Jordan bought out the majority shareholder to become the first former NBA player to become the majority owner of a franchise. He bought in at the right time, as the values of NBA franchises have since skyrocketed, driving Jordanâs net worth past the $1 billion mark in 2015. In 2010, when he became the majority owner of the Hornets, the average value of an NBA franchise was $367 million.