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Rams Value Doubles After Announced Move To Los Angeles

Rams owner Stan Kroenke will never come out and say it, but a big reason he moved his team to Los Angeles is because there's almost no ceiling to the amount of profits Kroenke will be able to make there.

 width=The Rams owner will basically be able to print his own money once his $1.86 billion stadium complex is up and running in Inglewood, California.

Although the stadium isn't expected to be finished until 2019, that doesn't mean Kroenke won't see any immediate financial benefits from his team's move to L.A.

Take the Rams' valuation, for instance. According to Michael Ozanian, the executive editor for Forbes, the franchise is already worth a lot more money, thanks to the move.

Michael Ozanian, the executive editor for Forbes, told the Washington Post this week quote-"It doubles the value of the team."

That means the Rams' value shot up from $1.45 billion to $2.9 billion the minute the NFL made the move official. That also means the Rams are now the third-most valuable team in the NFL, behind only the Cowboys ($4 billion) and Patriots ($3.2 billion).

When Forbes released its annual rankings of most valuable NFL franchises back in September, the Rams were ranked 28th.

 width=>>Knicks are NBA's Most Valuable Franchise

The New York Knicks are the most valuable team in the NBA and fourth among all US sports franchises, according to Forbes. They are worth a whopping $3 billion after signing a new local television deal.

Rounding out the top five are the Chicago Bulls ($2.3 billion), Boston Celtics ($2.1 billion) and Los Angeles Clippers ($2 billion). Thirteen teams are worth at least $1 billion, up from just three two years ago.

The last two seasons rank among the three worst in Lakers history, and the 2015-16 season, which doubles as Kobe Bryant's retirement tour, is shaping up even worse. Even so, the Lakers are the NBA's most profitable team thanks to the club's 20-year, $3.6 billion deal with Time Warner Cable's SportsNet LA. The Lakers are now worth $2.7 billion.

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