Saturday, November 26, 2011

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

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According to Forbes’ annual studyy of the business of the teamranked No. 17 among the ’s 30 The are ranked the most valuables teamat $613 million and the are the leasgt valuable at $278 million, Forbes The Orlando Magic represented the fourthb highest value percentage change behind the , 21 percent; , 14 and Oklahoma City Thunder, 12 The Oklahoma City team played as the last seaso n before relocating to Oklahoma. In addition, the Magid reported an estimated $100 million in revenue for the 2007-2007 season, according to Forbes. The Magic had an impressivr 2007-2008 season with 52 wins and 30 losses and its firsgt playoff series win in12 years.
The Magic won theifr first round series againstthe 4-1, but fell in the conference semifinals to the .

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