Forbes' valuations are slightly more conservative than the ones issued by sports-business outlet Sportico last month Sportico's report featured an average team value of nearly $2.4 billion, with the Knicks, Warriors, and Lakers all . The WNBA has closed on $75 million in funding that values the league and its teams at $1 billion, according to people familiar with the raise. Engelbert wouldnt confirm the expansion value, but she told The Athletic that fee sounds low, based on recent transactions and revenue multiples average revenue of a WNBA franchise if you take it on a multiple it would be higher than what you described. A second league source seconded Engelberts point. And so, Im not using them at all. Franchise journey: The Fire were owned by the Portland Trail Blazers' Paul Allen, but not for long. Several sources said few WNBA teams are currently profitable. Though 76ers owners Josh Harris and David Blitzer have bought a number of franchises outside of the Sixers, anything linking the 76ers ownership group to a WNBAexpansion franchise would be premature, a source said. Plum and Hamby are the key players from San Antonio still with Las Vegas. When the WNBA was first established in 1996, it had only two other major sponsors besides Nike: Coca-Cola and McDonald's. If and when we do it, which we are interested in doing, we want to do it right. Then COVID hit. MVPs: None The group has an exclusive negotiation agreement with the city of Oakland to acquire 50 percent of Oakland Arena where the Warriors played until they moved in 2019 and have a non-binding lease agreement with the arena. WNBA career stats leaders: Elena Delle Donne in free throw percentage (93.9) and offensive rating (124.85) Sykes said, In my opinion, the WNBA saved our democracy, then asked Ogwumike what could be done to get more people involved and interested in the WNBA. Championships: None MVPs: Tina Charles (2012) Transactions occur in a black box, unlike most other professional leagues, in which teams are sold and their prices are eventually leaked or announced. Dallas Mavericks owner Mark Cuban ( $4.2 billion) falls just short and Charlotte Hornets owner Michael Jordan ( $1.6 billion) is well outside the top 10. Face of the franchise: Sheri Sam (2000-02) Many WNBA stars work in other countries during the WNBA's off-season because doing so is more lucrative than playing in the U.S. Griner is reportedly earning more than $1 million to play for her . Tulsa went 7-38 under Richardson, who resigned 11 games into his second season. With a maximum of 144 roster spots, and with the league carrying closer to 137 players because of salary cap restrictions, spots are at a premium lottery picks have been cut in their first season, beloved veterans whove played years in the league have been quietly waived during training camp and never played another minute. Championships: None Regular-season record: 143-179 But they fell to Charlotte in the East semifinals. As the WNBA looks to grow, Lacob and the Warriors are interested in bringing a team to San Francisco, whether thats an expansion team or even an existing one. USATI. Other notable stars: Janeth Arcain, Kim Perrot, Michelle Snow, Tina Thompson. Also clouding the leagues expansion plans are the financial positions of current teams. Deanna "Tweety" Nolan helped Detroit win three WNBA championships, and was the WNBA Finals MVP during the team's 2006 title run. Delle Donne day-to-day, sits out Mystics' win Sat. Its amazing to see it all happening. WNBA salary: $170,000. The coronavirus pandemic may have caused NBA owners to take a hit on gate revenues throughout 2020 and into the new season, but NBA franchise values continue to climb nonetheless. He's been known to watch games in the rain, snow, sleet, hail or shine! DiscoLives4ever 6 yr. ago. In the league, were in big investment mode. We have the eyeballs locked in. Other notable stars: Ariel Atkins, Alana Beard, Tina Charles, Natasha Cloud, Chamique Holdsclaw, Ivory Latta, Crystal Langhorne, Emma Meesseman, Murriel Page. Currently, CAA Icon is putting together its WNBA-specific report that it hopes to present to the league this month. In 2003, the Mohegan Tribal Gaming Authority paid $10 million as an expansion fee for the Connecticut Sun, according to an SEC filing. Low point: This season is pretty bleak: Hoped-for star Chennedy Carter is indefinitely suspended, the Dream have lost 10 in a row and they're about to miss the playoffs for the fourth time in five years. She tried for years to make a comeback but was beset with injuries and ended up playing just 53 games total. Low point: There hasn't been one, although the Aces were disappointed to be swept by Seattle in the 2020 Finals. In 2017, the franchise was worth 3.3 billion US dollars, followed by the Los Angeles Lakers, who were worth just a bit less than the Knicks. Other notable stars: Jewell Loyd, Alysha Clark, Camille Little, Swin Cash, Tanisha Wright, Betty Lennox. If on the other hand, if it draws high ratings then more money will be made than if they had played it during week one of the season when people were probably still getting used to the idea of women's basketball and didn't know who they were going to watch play. That season, the Sparks had their fewest wins in franchise history, going 10-24. 1 draft pick for Los Angeles the next year. Engelberts valuations, and the math to get there, give the WNBAs first public declaration of how much its teams are worth, or perceived to be worth, over the last few years. That has elicited demands from players for more roster space across the league. The Aces are on their second owner in Sin City as Las Vegas Raiders boss Mark Davis bought the team from MGM Resorts International earlier this year. Other notable stars: Tina Charles, Katie Douglas, Margo Dydek, Jonquel Jones, Asjha Jones, Kara Lawson, Taj McWilliams-Franklin, Renee Montgomery, Nykesha Sales, Jasmine Thomas, Lindsay Whalen, Courtney Williams. 1 draft pick Sabrina Ionescu in the third game of last season with an ankle injury, and ending 2020 with a franchise-low two victories. Regular-season record: 413-340 Behind LAFC comes Atlanta United ($845 million) and LA Galaxy ($835 million). Face of the franchise: Tamika Catchings (2002-2016) Other notable stars: Vickie Johnson, Ann Wauters, Sophia Young-Malcolm, Kayla McBride, Jia Perkins, Ruth Riley, Danielle Robinson. The Charlotte Sting, Cleveland Rockers, Houston Comets, and New York Liberty were in the Eastern Conference. The funding . The Storm launched soon after the demise of the Seattle Reign of the short-lived ABL, so there was already a professional women's basketball audience in place. In 2019, New Media Sports & Entertainment got approached by a representative for the then-ownersof a WNBA team about acquiring that team and relocating it to Toronto. For example, the value of the Los Angeles Clippers is $3.3 billion, 20% more than in our NBA valuations in February, in part because the team has broken ground on a new arena that is expected to significantly increase the teams revenue. It is just a timing process though. We use revenue multiples to calculate our team values (equity plus net debt) based on the economics of each teams current arena deal. Regular-season record: 204-251 Franchise journey: After the 2002 season the WNBA was ready for independent ownership outside of NBA franchises, and the Sun were the first to go that route. Trinity Valley Community College Is the Hoops Dynasty You . WNBA 2021: Highest-Paid Players on Each of League's 12 Teams - Insider The offer was enticing enough that chairman Max Abrahams and his team put in an offer to acquire that franchise for a price of $3.5 million. Forbes calculated the Knicks' value by applying an industry standard valuation method called "net asset value" or "NAV." The buyers, Mark Walter and Todd Boehley, have a path to eventually buying out controlling owner Jerry Buss Family Estate at some point in the future. Championships: None However, through the efforts of the owners and their partners, the WNBA has become a successful business venture. It was the first title for the franchise and longtime WNBA coach Mike Thibault. Over that span, the league has made changes to sustain the WNBA as both a sports league and a profession for womens basketball players. Franchise journey: The Miracle were part of the Orlando Magic organization and had some real talent in their short stay in Florida. If the WNBA paid out the same revenue split as the NBA (50-50 . After a contentious final season under co-owner Kelly Loeffler in 2020, the Dream have new owners this year -- but are also on their third coach of the season and don't have a general manager in place. Playoff appearances (record): 13 (18-30) Whatbeganas nickel-and-dime advertising has rapidly increased into lucrative marketing agreements. Return of The Goat! Taurasi Re-signs With Mercury (Click here for our full list of values and additional information on every team.). In 2009, the Detroit Shock sold for approximately $5 million, based on legal documents filed by its then-owners. This makes them the most valuable franchise in all of sports. The Rose City attempted to house a WNBAfranchise for three seasons from 2000-2002, but it failed. Playoff appearances (record): 13 (35-33) After Seattle took Australian star Lauren Jackson No. That's when Sparks LA Sports, which included Laker legend Magic Johnson, stepped in to buy the team. Los Angeles Lakers. How Much Do WNBA Players Make? - Yahoo! Face of the franchise: A'ja Wilson (2018-present) Regular-season record: 422-390 The Comets were 98-24 in the regular season and 16-3 in the playoffs in the league's first four years. Beard, who is Black, said she wants to bring a team to Oakland, in part, to change the profile of who a team owner is and to create more access and opportunities for other women that look exactly like me.. Face of the franchise: Teresa Weatherspoon (1997-2003) WNBA career stats leaders: Cheryl Ford in total rebound percentage (20.47) WNBA career stats leaders: Courtney Vanderslooot in assists per game (6.7) Between our citys innate love of basketball, and our ardent support of womens sports, this feels like a natural fit for our community.. And Brondello is the longtime coach of Phoenix Mercury. Forbes list of the most valuable NBA clubs - Wikipedia Other notable stars: Kahleah Copper, Diamond DeShields, Stefanie Dolson, Candice Dupree, Sylvia Fowles, Candace Parker, Cheyenne Parker, Epiphanny Prince, Allie Quigley, Tamera Young. In the CAA Icon survey, residents favored Bridgestone Arena and the Nashville Municipal Auditorium. Playoff appearances (record): One (0-2) A potential ownership group from Kansas City attempted to buy the Sting, but couldn't raise enough funds and the franchise disbanded. They hosted the first WNBA game in 1997, and were part of the Jerry Buss-owned Los Angeles Lakers organization until 2006. When not at the game you will find Austin on Twitter live tweeting his excitement for whatever team hes rooting for. In the last seven years of the Shock's existence in Detroit, they reached the playoffs each season, got to the WNBA Finals four times and won three titles. And its something that weve gotta do in the near future. But there was always a fascination league-wide with Dydek, the tallest woman to play in the WNBA at 7-foot-2. WNBA Finals: Which WNBA franchise has won the most championships Tulsa finally had a winning record at 18-16 and made its lone playoff appearance in 2015. Frankly, Im using more of the most recent data. They officially were the "Silver Stars" from then through 2013, then just the "Stars" their last four seasons. To date, the Monarchs are the last WNBA franchise to fold. Today, the Knicks are one of the most popular teams in New York, if not all of sports their fan base has been called the city's biggest sports "fervor". MVPs: Sheryl Swoopes (2000, 2002, 2005), Cynthia Cooper (1997, 1998) The Sol were affiliated with the Miami Heat and were coached by Ron Rothstein, who had been the Heat's first coach when they joined the NBA in 1988. The valuation was calculated using the sales price of all sports teams, which is estimated to be worth $230 million. The 31-year-old female professional basketball player was in 2014 named the ambassador for Special Olympics.. On top of that, Ellena has won two WNBA Most Valuable Player Awards (2015 and 2019) and became the first WNBA player to join the 50-40-90 club.She has not played much professionally overseas, only taking part in the regular basketball season in the U.S. The initial plan was to have 12 teams with an average attendance of 5,000 fans per game. Playoff appearances (record): One (1-2) Fawknotson remains optimistic about Nashvilles chances for WNBAexpansion. The fact that doesnt happen in the WNBA as quickly or freely makes it difficult to assess the market worth of a team; it can also confound potential buyers about how much they need to get into the league. New York has had many great players come through its doors, but no single player has brought more joy to Knicks' fans than Michael Jordan. In mid-January 2022, CAA Icon presented the Sports Authority Board with a report that found solid interest in the initiative. Other notable stars: Swin Cash, Taj McWillliams-Franklin, Plenette Pierson, Ruth Riley, Katie Smith, Kedra Holland-Corn. Golden State Warriors. MVPs: None 1 pick. ^ Cited revenue was AUD$1.547B; exchange rate of 1 euro per AUD$1.61 for 2019 season used here. The fact that we were capable of raising $75 million at the league level validates sort of the trajectory of the WNBA, she said. Looming over this process, however, is the value of a WNBA franchise. Excitingly for the league, the average cost of WNBA tickets has an opportunity to rise even further today. The team's 2019 championship run definitely gave the team the edge in the rising value, seeing their value grow more than 400% since 2012 when the team's estimated worth was $400 million. Chicago Bulls: $3.3 billion. After arena debt service . Forbes compiles the finances of all 30 NBA teams to produce an annual ranking of the best franchises in terms of valuation.The valuations are composed of the monetary worth of the sport, market, stadium deals, and brand. Top editors give you the stories you want delivered right to your inbox each weekday. Top earners in the WNBA 2022 | Statista Seven players from five different teams will earn the WNBA supermax salary of $221,450, per Spotrac. The WNBA and its teams are now valued at $1 billion following a historic capital raise of $75 million, a source with knowledge of the investment's impact told Front Office Sports. However, in nearly two decades since, a lot has changed as Oregon has become a burgeoning mecca for womens sports supporters. High point: The 2012 title gave the future Hall of Famer Catchings a WNBA championship, and her college coach Pat Summitt was in attendance for the clinching victory. With the 2021 WNBA season tipping off Friday, we took a look at the league's highest-paid players. The Atlanta Dream is changing ownership hands, putting an end to more than a year's worth of controversy under its former co-owner, ex-Senator Kelly Loeffler. That history is ancient history, she said. The base salary for WNBA rookies varies on when (or if) players were selected in the WNBA Draft. Those numbers also diverge from what some interested investors believe a team is currently worth. For example, a citys population, political affiliation and policies, and generational demographics will be factors, Engelbert said, as the league knows it already skews to young and female fans. The NBA's Most Valuable Teams 2021-22: New York Knicks Lead A Trio Now Worth Over $5 Billion Each. Regular-season record: 204-306 Earvin "Magic" Johnson - $620 Million. Playoff appearances (record): 20 (47-43) Owned by the Cleveland Cavaliers, their last season was the summer that LeBron James was the No. but the NHL's Washington Capitals, two arena football teams, a WNBA team and Capital One Arena. The WNBA raised $75 million from investors. We'll never know, but Chicago has had a different kind of dynamic duo in guards -- and spouses -- Vandersloot and Quigley. After two seasons playing in White Plains, New York, and last year in the bubble in Bradenton, Florida, the Liberty are now at Barclays Center full time. Laksa plays in the forward position and was originally . Low point: Having the distinction of being the only WNBA franchise to never make a playoff appearance. It has deals in place with Amazon Prime and Twitter, along with its broadcast partnerships with ESPN/ABC and CBS, and she believes its next media rights deal will be more profitable. Copyright 2020 - 2023 Sportsmanist Inc. They already have done their due diligence on such a project. Championships: None She's now the franchise's general manager, and with six wins last year and five so far this season, could have the No. According to Forbes, the NBA's total revenue in 2010-11 was $3.96 billion. She plays power forward in the Women's National Basketball Association (WNBA). Others who had been with the 2009 Shock but did go to Tulsa -- such as Plenette Pierson, Shavonte Zellous and Kara Braxton -- were traded during that first season by coach/general manager Nolan Richardson. How much is the Houston Astros franchise worth? Nashville and the state of Tennessee just has such a strong history and support of womens basketball.. The franchise took momentum with them to Texas, having had winning records in 2000, 2001 and 2002 and making the playoffs in their last two seasons in Utah. It may come as a surprise to learn that the two highest profile owners in the sport don't make the cut. The current record-holder for most points scored in a WNBA game - an astonishing 53 points! Of 4,400 residents interviewed, 41.6 percent said they were very interested or extremely interested in womens professional sports, and 34.2 percent said they were slightly interested or not at all interested in womens professional sports. The No. Franchise investors are looking past the dearth of fanswhich cut average revenue for the leagues 30 teams by 19% from the 2019-20 season, to $214 millionwith eyes on a big rebound: An increasein sponsorship revenue coupled with fans returning to arenas this season should push the leagues revenue to an all-time high of at least $10 billion,10% above the2018-19 campaign, the last full season before the pandemic. MVPs: None They also own MLB's Los Angeles Dodgers and NFL's Los Angeles Rams. And if we can do that, were gonna get a great next round of media deals.. Other notable stars: Katie Douglas, Shannon Johnson, Elaine Powell, Nykesha Sales. MVPs: None 12 Best Overall Teams In NBA 2K22, Ranked - TheGamer Rookie Wire took a look at the NBA through the All-Star break and ranked each team from worst to first. Championships: None Forbes Releases 2021 NBA Franchise Valuations | Hoops Rumors On Monday, Sportico released its valuations for every NBA franchise in 2021, and according to their numbers, the three most valuable teams in the league are now worth a combined 15 billion dollars. Regular-season record: 340-444 Other notable stars: Alana Beard, Tamecka Dixon, Chelsea Gray, Mwadi Mabika, DeLisha Milton-Jones, Kristi Toliver. WNBA expansion could add 2 teams before 2024. Here are 6 possible Other notable stars: Rushia Brown, Suzie McConnell Serio, Chasity Melvin, Eva Nemcova, Penny Taylor, Ann Wauters. High point: Reaching the 2013 WNBA Finals -- for the third time in four years -- despite a .500 regular-season record. Rookie Wire took a look at the NBA through games played on Sunday and ranked each team from worst to first. Beard was a four-time WNBAAll-Star and won a championship in 2016 with the Los Angeles Sparks. And for the upcoming 2021 season, ESPN has split the difference, dropping to 25 games. High point: Making the WNBA Finals in 2020 in the team's third season in Las Vegas. In 2019, it was $74,349. The Sparks were originally based in San Francisco but moved to Los Angeles in 2005. The league called it "the largest-ever capital raise for a women's sports property." . Official site's Transactions page agrees that Johannes signed a Training Camp Contract (that's what a reserved qualifying offer becomes when it's signed). To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. High point: Making the playoffs in their final season in Tulsa, 2015, before getting swept by Phoenix. When the new team, or teams, enter the WNBA, it will mark the long-awaited end to a process that has already reached critical mass. The Business Of Basketball. Championships: One (2005) Get the list of all the WNBA Teams along with the wins and losses stats and more on Basketball-Reference.com Visit ESPN to view 2022 WNBA stat leaders. Why WNBA stars play overseas, and how the WNBA is trying to deter them With the league celebrating its 25th season, we rank every franchise in each of its incarnations in different cities, all 23 of them. 2,$5.6 billion) and the Los Angeles Lakers (No. Bonner, Delle Donne and Diggins-Smith all . List of professional sports leagues by revenue - Wikipedia The Lynx have been in a talent re-stocking process the last few seasons, but still consistently make the playoffs. This would be the first time the league has added an expansion team since the Atlanta Dream were founded in 2008. How much money do Major League Baseball teams make? The Richest NBA Team Owners - Yahoo! 1 picks and drafted superstars with all four picks: Jackson (2001), Bird (2002), Loyd (2015) and Stewart (2016). The Stars' struggles in their final years in San Antonio helped lead to consecutive WNBA No. Former baseball star Alex Rodriguez and businessman Marc Lore are in the process of buying the Timberwolves/Lynx. They went the distance in 2017, too, but this time Minnesota won the decisive fifth game for its fourth title. 4 min read. But with an abundance of talent, increased womens basketball television viewership and college players rising notoriety with new Name, Image, Likeness legislation, expansion is finally again on the horizon. The next two seasons, Washington went 11-57. Taurasi will continue with the Mercury, the only WNBA franchise for which she has played, in Season 19 in 2023. In addition to the $12.3 million that the players receive, another $18 million comes from corporate sponsors. MVPs: None And the Los Angeles Sparks, Phoenix Mercury, Sacramento Monarchs, and Utah Starzz were in the Western Conference. February 18, 2023. While the WNBA only pays out 20% of its revenue, it doesn't actually turn a profit. Well just continue to broaden the exposure for these players so that we can get this expansion done in the future., (Illustration: Wes McCabe / The Athletic; Photos: Jennifer Pottheiser / NBAE via Getty Images; Patrick Gorski / NurPhoto via Getty Images; Justin Sullivan / Getty Images). When you think about NBA teams or MLB teams, NFL teams, people paid for what the value is, not necessarily what they are worth in that moment. Franchise journey: The Dream are the last expansion franchise to join the WNBA, in 2008. It was an enormous mistake by the Sting, who missed out on one of the WNBA's all-time greats by not waiting a year for her to recover. Regular-season record: 210-186 When compared to the NBA, the WNBA generates a far bigger portion of its revenue from ticket sales. Engelbert said the leagues financial position is in a much better place after coming through the pandemic protocols. The stars from the final Detroit team in 2009 didn't come to Tulsa; in fact, Deanna Nolan and Cheryl Ford never played in the WNBA again. The arena is owned by the city, which would allow for necessary upgrades through tax increment financing. standings, wnba, wnba standings, women's basketball, records, table . So much has changed to the positive, to the momentum around womens sports. All figures are in U.S. dollars based on the average U.S.-Canada exchange rates during the 2020-21 season. The wondrously talented Stinson is the franchise's all-time scoring leader but point guard Staley -- who came to the league in 1999 from the ABL -- became the heart of the team. Three teams the Knicks, Warriors and Lakers are now worth over $5 billion each, according to Sportico, while the average NBA team is valued around $2.4 billion. AASEG has spent the past year developing a proposal for the league. Headquarters for Adidas and Under Armour are in Portland, and Nike is headquartered in Beaverton, Ore., which is just eight miles west of Portland. Thats an increase from 2020, when the average team valuation crossed $2 billion for the first time, according to Forbes. Low point: The franchise folding, despite a committed fan base, after the 2009 season. For the first time, there are three NBAfranchisesworthmore than$5 billion:theNew York Knicks (No. WNBA Announces Sale of New York Liberty to Joe Tsai By 2005, Brunson, Lawson, Powell and Walker joined the team and Sacramento won the title. It is an attempt to not only suss out which cities have a chance to become a future WNBA outpost, but also to understand how much a franchise is worth in a league where team values are hard to ascertain. "With merchandise revenue at 29 cents and season ticket sales topping a dollar for the first time in history, the Minnesota Lynx are a financial powerhouse in the WNBA," wrote Forbes editor Mark Furlow, who also . When Alana Beard retired from the WNBA she had a number of potential career routes, including coaching, available to her after a 15-year playing career. WNBA free agency rumors: Breanna Stewart to meet with four teams The league-wide average of $2.2 billion per team in 2021 is a new record for Forbes' valuations. Every team in the league is worth at least $1.5 billion, per Forbes' estimates. The Storm are owned by Paul Allen and his company, Index Investment Company. Every team . League all-time leaders: Sue Bird in assists (3,031) and games (545) It was the Sun's third trip to the Finals. Low point: Failing to follow up their postseason breakthrough, going 13-19 in 2001. And Carter's future seems uncertain. Other notable stars: Ruthie Bolton, Rebekkah Brunson, Kara Lawson, Ticha Penicheiro, Nicole Powell, Tangela Smith, DeMya Walker. Signing Chicago native Candace Parker as a free agent for this season was part of the Sky pushing their chips toward the middle of the table while she and the VanderQuigs are still in a championship window. That revenue from the media contracts would do that.. WNBA team owned by the Mohegan Tribe Crossword Clue and Answer Franchise journey: Part of the league's second expansion in 1999, along with Orlando, the Lynx qualified for the playoffs just twice in their first 12 seasons. As popular as the Liberty have been with their fans, they never seemed to mean as much to James Dolan, even though he owned them from their inception. Three teams in the Minnesota Lynx, Houston Comets and Seattle Storm have won the most titles, combining for nearly half of the WNBA's 25 championships. Continue with Recommended Cookies. The estimated net worth of Mark Davis, an American businessman and owner of a professional sports team, is $1.9 billion. The "Air Jordan" became the face of the franchise when he joined them as a rookie in 1989 and remained with the team until 2003. The Wings had the top two picks in this year's admittedly weak draft. The NBA's Most Valuable Teams - Forbes High point: Weatherspoon swishing a heave from just beyond half court to win Game 2 of the 1999 WNBA Finals 68-67.