Sports Valuations

27. Charlotte Hornets

Brock Williams-smith | National Basketball Association | Getty Images

Revenue and EBITDA figures, as well as division/standing and playoff results, all represent the 2023-24 season.

Seating capacity figures are from team and arena websites, as well as media reports.

Valuation: $3.35 billion

Revenue: $304 million
EBITDA: $78 million
Debt as a percentage of value: 9%

Franchise history

Owner(s): Rick Schnall, Gabe Plotkin
Year purchased: 2023
Purchase price: $3 billion
Division/standing: Southeast/Fourth
Playoff result: Missed playoffs
Championships: 0
Arena: Spectrum Center – 19,077 capacity

See the full list of CNBC's Official 2025 NBA Team Valuations.

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