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Forbes: Nets' Continue to Lose Money at 'Alarming' Rate

In Forbes annual ranking of NBA franchises, the Nets place 16th out of 30 with a valuation of $325 million. The franchise is losing money at an "alarming rate", Forbes reports, and its debt, 65% of the franchise's value, is high. Still, the Brooklyn move is likely to push the team's value up and in fact, it has increased 20% over the past year says Forbes.