Forbes: Warriors Valuation Increases by $400 Million Year-over-year

Programming note: Watch the pregame edition of Warriors Outsiders on Wednesday night at 6 p.m. P.T., streaming live on the MyTeams app.

The Warriors are winning a lot of games on the court and the franchise is doing quite well off the court as well.

Forbes released its annual NBA franchise valuations on Wednesday, and Golden State is now worth an estimated $3.5 billion.

That's the third highest mark in the league, trailing only the Knicks ($4 billion) and Lakers ($3.7 billion).

Last year, the Warriors were also in third but checked in at $3.1 billion.

As Forbes writes:

The Golden State Warriors are leaving Oracle Arena, the NBA's oldest building, next season for the $1 billion Chase Center. The reigning league champs have secured $2 billion in contractually obligated income from sponsorships, suites and season ticket holder fees for the new arena. Look for the Warriors to challenge the Knicks as the NBA's leading revenue generator.

No wonder Joe Lacob recently told Tim Kawakami of The Athletic: "We can do whatever we want (financially). And you should expect that that's not going to be a reason this team … doesn't stay great going forward. We have the capital to pay our players what they deserve. And we will.

"We'll be aggressive. Nobody's going to outspend us."

Lacob and his ownership group bought the Warriors for $450 million back in 2010. Solid investment, you think?

Drew Shiller is the co-host of Warriors Outsiders. Follow him on Twitter @DrewShiller

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