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The Chicago Bulls and Brooklyn Nets were next with values of about $1 billion each. The WNBA's average base salary is around $130,000, with the rookie minimum at $60,471 and the veteran minimum at $72,141. Even though she was 34 when the league started, Cooper was still playing at an elite level after more than a decade of stardom overseas, and was crucial to getting the WNBA off the ground. Playoff appearances (record): 12 (30-28) If a team has a new arena, media deal or sponsorship agreement set to open or kick in after the 2020-21 season, we estimate its impact on the enterprise value. One thing the league did want was to make sure the Toronto team was more than majority Canadian owned, and we didnt get some overseas money or anything weird like that, Abrahams said. Alibaba is responsible for around 70% of mail packages in China. Theres nobody that wants this more than I do. He came back to New York for one final season in 2009 before announcing his retirement. At its largest, the WNBA expanded to 16 teams, but has been at 12 since 2010. 1 pick in the NBA draft. These are usually only available during the off-season since there is no collective bargaining agreement between the league and its players association like there is with the NBA so salaries cannot be discussed ahead of time. Whether Chicago can get there this year or next will take a whole lot going right, but the hope remains. UConn has appeared in the last 14 Final Four's, but that streak could be in jeopardy. Face of the franchise: Alyssa Thomas (2014-present) The WNBA is presently anticipated to earn $60 million in income, with $12.3 million of that money given to its players. High point: Despite going 15-19 in the 2014 regular season, the Sky got hot at the right time, beating Atlanta and Indiana to reach the WNBA Finals. Signing free agents such as McCoughtry in 2020 (although she is out this season with a knee injury) and Gray this year were big moves, as was obtaining Cambage via trade in 2019. Apr 11, 2022 at 7:36 pm ET 10 min read. Manage Settings 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. Those new teams could begin to play as early as the 2024 season, she said. High point: The Mystics and Delle Donne overcoming her back injury and a tough Connecticut team to win the 2019 WNBA Finals. Low point: The franchise folding, despite a committed fan base, after the 2009 season. Other notable stars: Alana Beard, Tamecka Dixon, Chelsea Gray, Mwadi Mabika, DeLisha Milton-Jones, Kristi Toliver. Championships: None At the end of the Dreams first season, the Houston Comets the franchise that won the WNBAs first four championships ceased to exist. WNBA career stats leaders: Courtney Vanderslooot in assists per game (6.7) We have some sort of a fan perspective, sponsorship perspective, social movement perspective, everyones locked in on sort of the value of womens sports.. He loves watching all types of sporting events and has made it his personal mission to attend every game he can. Face of the franchise: Margo Dydek (1998-2002) Regular-season record: 383-341 Florida grad Jones gets credit as the only player who was with the Rockers start to finish. Today, a jersey deal is a one of . Were a very different league when some of those transactions occurred. Figures in USD $6200M for a 5-year period, so for the 2023 season this is USD $1240M for the League, $124M per team, $16.7M per match) Note that this is only the revenue from the sale of media rights to broadcasters. That has elicited demands from players for more roster space across the league. Championships: None Ticket sales and sponsorships are large revenue drivers. Engelbert, however, said she does not believe those precedents are in play for franchise valuations going forward. 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. The brothers also own NHL's Chicago Blackhawks, and before that, had an interest in the Indianapolis Pacers of the NBA. 2002 Fleer Authentix WNBA brought the concept of serial-numbered Rookie Cards to the league with each getting 2,002 copies. Its amazing to see it all happening. Regular-season record: 143-179 1 draft picks in 2017 (Plum), 2018 (Wilson) and 2019 (Young). While the franchise ultimately ended up in other hands (and, according to Abrahams, went for a lower price in order for that franchise to stay in market), it got Toronto in the game early in terms of expansion talks with the league. Help Accessibility Here are the 10 richest owners in the NBA. 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. Since then, the league's landscape has shifted several times, including to ownership outside the NBA. . Franchise journey: Detroit was in the first WNBA expansion wave with Washington in 1998, and made the playoffs just once in its first five seasons. Fortunately, there was soon a move to Las Vegas. Championships: None MVPs: None A big name in men's basketball, he wasn't prepared to run a WNBA team. The arena is owned by the city, which would allow for necessary upgrades through tax increment financing. Owned by the Cleveland Cavaliers, their last season was the summer that LeBron James was the No. High point: Beating four-time WNBA champ Houston in the Western Conference semifinals in 2002, before falling to eventual champion Los Angeles. Theres no crisp or clear formula, but you see cities that rise to the top pretty quickly, Engelbert said. Engelbert said the leagues financial position is in a much better place after coming through the pandemic protocols. Playoff appearances (record): Two (2-5) He's been known to watch games in the rain, snow, sleet, hail or shine! But there was always a fascination league-wide with Dydek, the tallest woman to play in the WNBA at 7-foot-2. The WNBAhas seen significant growth in viewership over the last five years. Then Connecticut fired Thibault after the 2012 season, and the Mystics finally had a long-term coach. The WNBA approved the sale of the . MVPs: None When the league began in 1997, it was not expected to be profitable or even break even. But forward/center Parker would be the No. The Boston Celtics are second on the list with an estimated value of $1.6 billion. But the next year brought Taurasi as the No. The average price of a ticket is just over $100. In 2019, it was $74,349. WNBA mock draft: Villanova's Siegrist soars into lottery pick, Serena, Griner honored at NAACP Image Awards, Sparks officially re-sign forward N. Ogwumike, Griner on court in 1st open workout since release, WNBA draft set for N.Y., to have 'Orange Carpet', 2-time All-Star C. Ogwumike back with Sparks, Griner officially rejoins Mercury in 'special signing', Yang joins Sparks after FIBA silver with China, WNBA trade grades: Why Wings, Liberty earn top marks in Saturday's four-team trade. LeBron James' Los Angeles Lakers are now valued at $5.5 billion, joining the New York Knicks . Golden State Warriors. Championships: Three (2001, 2002, 2016) The WNBAs capital raise, she said, is further indication that now is the time to get involved with the league. During the 2021 season, the Portland Thorns led the NWSL in attendance with more than 14,000 fans per game more than double the next closest team and through the early parts of the 2022 season, the club has averaged more than 13,000 fans per game, second only to expansion team Angel City FC (Los Angeles), which has a population more than six times Portlands. Low point: Having their best record (20-12) and making their first conference finals appearance in 2002 wasn't enough to keep the team in Utah. The league billed the raise as the biggest ever for a "women's sports property." It includes a roster of A-list investors from the basketball community, as . When comedian Wanda Sykes guest-hosted Jimmy Kimmel Live last July, Sparks forward Chiney Ogwumike was a guest on the talk show. Franchise journey: Madison Square Garden was a pretty special place with a likable and successful Liberty team in the late 1990s and early 2000s. It is the fourth-largest media market in the country and the biggest one in which the WNBAdoes not already have a team. 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. Here is what every team in the NBA is worth in 2021, according to Sportico: Nick Monroe/Handout Photo via USA TODAY Sports, Carmen Mandato/Pool Photo-USA TODAY Sports, Sign up for the The Rookie Wire newsletter to get our top stories in your inbox every morning. Jerry Reinsdorf, Chicago Bulls: $1.5 Billion . (Ray Chavez /The Mercury News via Getty Images), Could Scotiabank Arena be home to a future WNBA team? Only tangentially related, but Atltico Bucaramanga is with around $10 million. While WNBA statistics have yet to be revealed, a number of those teams are said to have been supported by NBA ownership. Championships: One (2012) Even if 76ers ownership were to get involved, they do not control dates at the building. Auriemma doesn't see his team cutting down any nets this season. The 30 Richest Athletes in the World (2021) - Wealthy Gorilla The Least Valuable NBA Team Is Still Worth an Astounding . Additional research by Justin Teitelbaum. Browns interest has support from the city and from the NBA team. She joined Penicheiro, the team's No. After losing in the first round of the playoffs four out of five years between 1994 and 1999, the Knicks started to become popular again. Take, for example, the New York Knicks. Shortly after losing out on that relocation bid, New Media Sports & Entertainment began putting together another bid this time for an expansion team. In the next few months, the most talked about issue in the WNBA should finally have some clarity. Regular-season record: 204-251 WNBA started with just eight teams which were fully owned by the NBA. They had an engaged fan base that loved the "Bad Girls" style reminiscent of Laimbeer's "Bad Boys" playing days in Detroit, plus the explosive skill of Nolan, who was from nearby Flint, Michigan. Face of the franchise: Arike Ogunbowale (2019-present) Through expansion the WNBA is trying to reset the market for how much its franchises are worth. "I wish we . Forbes calculated the Knicks' value by applying an industry standard valuation method called "net asset value" or "NAV." Transactions occur in a black box, unlike most other professional leagues, in which teams are sold and their prices are eventually leaked or announced. Even if your . 1 draft pick in 2009 and led Atlanta to the WNBA Finals in 2010, 2011 and 2013. It is currently estimated that the WNBA generates approximately $60 million in revenue, while $12.3 million of that revenue is distributed to its players. Cooper's career ended after Houston's fourth consecutive title in 2000 (she returned at age 40 to play four more games in 2003), and that was when other teams in the league caught up. Championships: Three (2003, 2006, 2008) But Davis has been very involved, so the change seems positive for the future. The average NBA team is now worth $2.86 billion, 15% more than a year ago, an impressive feat considering the stock market is down more than 15% over the same span. 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. Then we had to build an arena (Chase Center). It moved to San Antonio after that season. Then Fowles, after seven seasons with the Sky, sat out the start of the 2015 season until she was traded to Minnesota, where she has won two titles. 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. Seven players from five different teams will earn the WNBA supermax salary of $221,450, per Spotrac. The community is very supportive and excited about the opportunity for the WNBA. Other notable stars: Ariel Atkins, Alana Beard, Tina Charles, Natasha Cloud, Chamique Holdsclaw, Ivory Latta, Crystal Langhorne, Emma Meesseman, Murriel Page. She told The Athletic that the value of the WNBA's 12 individual teams plus the league itself is worth over $1 billion. She was also named one of the WNBA's top 20 players as part of the . Low point: The franchise folding after going 15-17 in 2002. Visit ESPN to view 2022 WNBA stat leaders. Though Oakland is the 45th-biggest American city by population, its larger than two current WNBAmarkets (Minneapolis and Uncasville, Conn.), and the Bay Area comprising San Francisco, Oakland and San Jose is the nations sixth-largest media market. . Championships: None And we know more about it than anybody else. Engelbert said adding two teams would be ideal, but one additional team would still be considered a success. The Tulsa Shock then moved before the 2016 season to Dallas to become the Wings. Face of the franchise: Seimone Augustus (2006-2019) Low point: The Liberty losing No. Elena Delle Donne - $221,450. Bird has been a key factor for all four titles and is a primary icon of the WNBA. Delle Donne, wanting to be closer to her Delaware home, pushed for a trade to Washington after the 2016 season and has won a title with the Mystics. Playoff appearances (record): 16 (32-25) By the Forbes' 2020 list estimates, five NHL teams are worth at least $1 billion: the Rangers ($1.65B), Maple . Playoff appearances (record): 13 (18-30) Thats an increase from 2020, when the average team valuation crossed $2 billion for the first time, according to Forbes. It averaged 75,000 viewers per regular season game in 2017, according to Nielsen, but that more than doubled to 162,000 viewers per nationally televised game last season. The recent capital raise was heralded by Engelbert as a boon. ^ Cited revenue was AUD$1.547B; exchange rate of 1 euro per AUD$1.61 for 2019 season used here. Other notable stars: Katie Douglas, Shannon Johnson, Elaine Powell, Nykesha Sales. According to Forbes, the NBA's total revenue in 2010-11 was $3.96 billion. The 2023 WNBA free agency period opened on Jan. 21, which means teams are now allowed to meet with players and offer contracts. So which WNBA franchise is the best in league history? MVPs: None High point: Led by Diggins-Smith, making the playoffs in their second year in Dallas. Monica Fawknotson, the executive director of Nashvilles Sports Authority Board, said that while groups have shown interest in ownership, the presentation will not include a definitive ownership group. The remaining 24.2 percent were moderately interested. When asked to rate their interest in a particular sport on a scale of 1 to 5, womens professional soccer was the favorite option while womens professional basketball ranked second. Very successful.. Playoff appearances (record): Six (6-13) High point: Making their only WNBA Finals appearance in 2001, under coach Anne Donovan. The city could also serve as a gateway to the shoe companies that keep their headquarters nearby. In 2016, the Brooklyn Nets became the first new franchise to enter the league since 1976. Engelbert said that number does not account for the full value of the WNBA, only the league itself. What might the Sky have become with more seasons of these two playing together? Several sources said few WNBA teams are currently profitable. And Brondello is the longtime coach of Phoenix Mercury. 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. We always bet on Nashville. It is just a timing process though. Delle Donne missed last season and has been limited to just a few games this season by lingering back issues. The league called it "the largest-ever capital raise for a women's sports property." . 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. They pay for the potential and so the WNBAis becoming a major part of the conversation as we speak.. By far. The Golden State Warriors and the New York Knicks produced the most income in the NBA, with 474 million US dollars and 421 million US dollars, respectively. Regular-season record: 340-444 Chicago Bulls: $3.3 billion. Regular-season record: 59-145 Rookie Wire took a look at the NBA through games played on Sunday and ranked each team from worst to first. Browns representative declined further comment. I strongly suspect they are worth more than any WNBA team. Low point: There hasn't been one, although the Aces were disappointed to be swept by Seattle in the 2020 Finals. Over that span, the league has made changes to sustain the WNBA as both a sports league and a profession for womens basketball players. How much is the Houston Astros franchise worth? Tsai, who is worth $8.7 billion according to Forbes, bought the team and moved it to Barclays Center in Brooklyn. As interested investors wait for the WNBAto update them on where the process stands, it has become clear the league is asking two main questions when it considers new owners and cities: Where will the money come from and where will the new team play? 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. Three people familiar with the leagues expansion process said they have been operating under the premise the WNBA is looking at an expansion fee worth $15-20 million, while another said the league has not yet given interested parties a definitive number. The capital raise valued the league at $475 million, according to multiple sources, and the WNBA gave away roughly 16 percent equity in itself to investors as a result of that process. Deanna "Tweety" Nolan helped Detroit win three WNBA championships, and was the WNBA Finals MVP during the team's 2006 title run. 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. Regular-season record: 490-323 To date, the Monarchs are the last WNBA franchise to fold. Fawknotson remains optimistic about Nashvilles chances for WNBAexpansion. In the last decade, womens college basketball has become one of the most popular sports in the state with Oregon and Oregon State ranking among the top 25 nationally in attendance per game from 2017 to 2020. Franchise journey: One of the original eight WNBA franchises, the Monarchs were affiliated with the Sacramento Kings and owned by the Maloof family, which for several years was very involved with the Monarchs. Tulsa went 7-38 under Richardson, who resigned 11 games into his second season. They had been the Orlando Miracle, affiliated with the Orlando Magic, and were just getting established after four seasons. Who are the highest-earning Major League Baseball teams? Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. Revenue and operating income (earnings before interest, taxes, depreciation and amortization) are for the 2020-21 season and are net of revenue sharing and arena debt service. 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. Playoff appearances (record): One (0-2) For picks No. Face of the franchise: Taj McWilliams-Franklin (1999-2002) With the "face of the franchise" category, we list the years she was with that team, which is not necessarily how long she was (or still is) in the WNBA. The Nets played their home games at the Barclays Center until they moved into their new arena, called Atlantic Avenue Arena &; Factoring Office Building, in 2019.