While the Nets suffered the biggest drop of any team, Microsoft co-founder Paul Allen's Portland Trail Blazers experienced the biggest gain. Thanks to a 28 percent increase in ticket revenue and the addition of 20 new sponsors, the Trail Blazers jumped 10 spots on the list from dead last to No. 20 with a valuation of $307 million.
Wow. Remember this? Things can turnaround very quickly with good luck and better leadership. After losing $25 million last year, hemorrhaging only $1 million in 2008 seems massively impressive. At this rate 2009 will be the first time since 1998 that the Blazers actually made money. Hooray for rich people!