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Once again, the franchise is considered the most valuable of any of the NBA's 30 clubs, according to a report from Kurt Badenhausen of Forbes. Three have been with single-digit victory totals, and they're closing in on the fourth. However, MLSE wouldnt confirm directly whether its directly involved with the bid put forth by New Media Sports & Entertainment. 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. 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. While the 76ers play in the Wells Fargo Center, they do not own it and have a lease that runs through 2031. It tied the Storm with the Minnesota Lynx and Houston Comets for most in WNBA history. According to people intimately familiar with these deals who spoke on the condition of anonymity, the implied enterprise value Marc Lore and Alex Rodriguez will pay for a controlling interest in the Minnesota Timberwolves is $1.6 billion, with the deal expected to happen in three tranches by the end of 2023. Regular-season record: 59-145 But when she has been on the court, it has made all the difference for the Mystics. Owned by the Cleveland Cavaliers, their last season was the summer that LeBron James was the No. Looming over this process, however, is the value of a WNBA franchise. How does marketing in the WNBA stack up against the NBA . Engelberts primary responsibility through the first three years of her tenure has been to transform the WNBAs economics. The New York Knicks are also the most valued franchise among the National Basketball Association's 30 franchises (NBA). At this point, despite a lot of success as a franchise, the Dream face a lot of questions. In 2016, Verizon became the primary sponsor of the WNBA Finals. 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. The Boston Celtics are second on the list with an estimated value of $1.6 billion. Regular-season record: 383-341 In the next few months, the most talked about issue in the WNBA should finally have some clarity. 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. Those numbers also diverge from what some interested investors believe a team is currently worth. He loves watching all types of sporting events and has made it his personal mission to attend every game he can. Franchise journey: Of the eight original WNBA franchises, Los Angeles and Phoenix are the two most successful remaining teams, with the Sparks having the most playoff appearances in WNBA history. By far. Visit ESPN to view 2022 WNBA stat leaders. Other notable stars: Vicky Bullett, Allison Feaster, Rhonda Mapp, Charlotte Smith, Andrea Stinson, Tammy Sutton-Brown. Every team in the league is worth at least $1.5 billion, per Forbes' estimates. The current salary cap for the NBA is about $75 million US dollars; this limit is set by each team in order to maintain financial stability. 29. Engelbert said adding two teams would be ideal, but one additional team would still be considered a success. ^ Cited revenue was AUD$1.547B; exchange rate of 1 euro per AUD$1.61 for 2019 season used here. MVPs: Elena Delle Donne (2015) 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. Filling the number 10 spot on the list is the Toronto Raptors. Regular-season record: 340-444 Houston would win just four more playoff games from 2001-2008 before folding after two seasons under owner Hilton Koch, who had bought the team from Alexander. High point: The Mystics and Delle Donne overcoming her back injury and a tough Connecticut team to win the 2019 WNBA Finals. Her fandom is not just performative. For picks No. MVPs: Tina Charles (2012) It is the fourth-largest media market in the country and the biggest one in which the WNBAdoes not already have a team. That union provided the Sky with their best record (24-10) in 2013 when Delle Donne was Rookie of the Year, and the next season the Sky reached the WNBA Finals, where they were swept by Phoenix. Also clouding the leagues expansion plans are the financial positions of current teams. By the Forbes' 2020 list estimates, five NHL teams are worth at least $1 billion: the Rangers ($1.65B), Maple . She joined Penicheiro, the team's No. Both were in existence for just three seasons before folding. Serena Williams and Brittney Griner were each honored at the NAACP Image Awards on Saturday, when Williams won the Jackie Robinson Sports Award and . We have the eyeballs locked in. Playoff appearances (record): One (0-2) 1 draft picks in 2017 (Plum), 2018 (Wilson) and 2019 (Young). High point: Making the WNBA Finals in 2020 in the team's third season in Las Vegas. Local access to one or all of those companies could allow for a more fluid partnership between the businesses and players, potentially leading to endorsement deals that could help increase player pay outside of raising salaries through the collective bargaining agreement. 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. The No. Its the Warriors, one person involved in the process said. In the league, were in big investment mode. Adding international commercial travel to league scheduling would only exacerbate the problem. At its largest, the WNBA expanded to 16 teams, but has been at 12 since 2010. MVPs: A'ja Wilson (2020) has raised $75 million from more than two dozen investors in a bid to revamp its business model as players call for expansion, higher salaries and better benefits. Low point: There hasn't been one, although the Aces were disappointed to be swept by Seattle in the 2020 Finals. Low point: An 8-26 final season in San Antonio in 2017, when it was clear the Spurs ownership group had completely lost interest in the Stars. The Dream have struggled mightily these past three seasons; they are 21-60 in that stretch. Unlike other professional leagues, like the NFL and NBA, where playoffs are determined by conference or division winners, the WNBAplayoffs are determined by the teams that finish with the top eight records, so adding a single team wouldnt change that much of the equation. The fact that we were capable of raising $75 million at the league level validates sort of the trajectory of the WNBA, she said. Philip Anschutz sold his 27% stake in the Lakers in July at a $5 billion valuation, with an implied controlling stake valuation of around $5.5 billion; Forbes valued the team at $4.6 billion in February. Playoff appearances (record): Two (2-5) High point: Going from worst to first and winning the 2003 championship. MINNEAPOLISAccording to a report by Forbes magazine, the Minnesota Lynx are easily the WNBA's richest franchise, boasting an estimated enterprise value of nearly four dollars. Playoff appearances (record): Four (6-9) 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. The WNBA has one of the more flexible business models in sports. They also own MLB's Los Angeles Dodgers and NFL's Los Angeles Rams. Championships: None They were established in 1968 and play all their home games at Fiserv Forum. 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. Regular-season record: 224-200 Franchise journey: The Aces are this low only because they're in just their fourth season in Las Vegas. 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. The deal helped spur other WNBA teams to land similar jersey deals while helping drive local revenue. Getting a media contract was definitely one of the first things that is on my plate in my vision for this league to succeed, said Davis, who also owns the Raiders. In 2011, they won the draft lottery, which brought UConn superstar Moore as the No. MVPs: Tamika Catchings (2011) After reading about how he increased his father's fortune from $750 million to an estimated $6-7 billion, I suppose you wouldn't expect anything less from him. We use revenue multiples to calculate our team values (equity plus net debt) based on the economics of each teams current arena deal. The team was owned by Russian billionaire Sergey Brin and Chinese investor Joe Tsai, who started out as employees of Google's China office. Theres no better time to invest in womens sports than now. Other notable stars: Tully Bevilaqua, Sylvia Crawley, Kristin Folkl, DeMya Walker, Sophia Witherspoon. Williams, a two-sport All-American in basketball and volleyball at UCLA, was the Starzz' best player after she came from the ABL, and was also was a Utah native. They then obtained center Fowles via trade during the 2015 season. We have all the money here in market in Toronto accessible.. The Stars' struggles in their final years in San Antonio helped lead to consecutive WNBA No. However, in nearly two decades since, a lot has changed as Oregon has become a burgeoning mecca for womens sports supporters. Los Angeles Lakers: $4.6 billion. Tulsa finally had a winning record at 18-16 and made its lone playoff appearance in 2015. Oregon has a great track record of embracing and promoting womens sports in an authentic and meaningful way, and it is no surprise to us that there may be interest in bringing a WNBA team to the market.. The Ducks peaked at the No. And Carter's future seems uncertain. Regular-season record: 204-306 Currently, CAA Icon is putting together its WNBA-specific report that it hopes to present to the league this month. The WNBA has whittled its list to 10 to 12 cities, Engelbert said, after it began with 100 possible locations for its new franchises. 1 picks and drafted superstars with all four picks: Jackson (2001), Bird (2002), Loyd (2015) and Stewart (2016). 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. But the Liberty haven't been that far since 2002 and haven't had a winning record since 2017. Delle Donne missed last season and has been limited to just a few games this season by lingering back issues. Nashville and the state of Tennessee just has such a strong history and support of womens basketball.. And if we can do that, were gonna get a great next round of media deals.. Nashville Municipal Auditorium seats only 8,000, but it currently only hosts home events for the Nashville Roller Girls on a monthly basis so scheduling would be easier than at Bridgestone. Low point: The franchise folding, despite a committed fan base, after the 2009 season. We opted to rank the franchises separately rather than group Utah/San Antonio/Las Vegas, Detroit/Tulsa/Dallas and Orlando/Connecticut. Low point: Losing the 2012 Eastern finals to Indiana, after which coach Mike Thibault was fired and went to Washington. We have a process that were following, and were excited to get to the next steps on this, Engelbert said. The WNBA has produced an average net loss of $10M per year. That brought players such as Sales, Douglas and McWilliams-Franklin from Orlando, plus the Sun drafted Whalen in 2004. 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. WNBA career stats leaders: Cheryl Ford in total rebound percentage (20.47) 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. Secondly, in order to get the players more money, we obviously need more revenue. - it's no wonder why Liz Cambage's earnings ar eup there. 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. 1 pick. The Knicks have many assets, including World Class Talent, a passionate fan base, and their home arena, Madison Square Garden. Regular-season record: 37-59 The next two seasons, Washington went 11-57. She wanted to get back into the WNBA, but she had a different goal on her whiteboard: team ownership. League sources said the Liberty were sold with little new money changing hands and new owner Joe Tsai financing the transaction mostly by taking on debt, as well as stipulating fresh capital for MSG Sports if the Liberty hit certain revenue thresholds. Along with its three titles, Los Angeles has two other trips to the WNBA Finals, falling to Detroit in 2003 and Minnesota in 2017, and has played in every postseason since 2011. Lee Berke, an expert in media rights, tells Forbes, My projection is that the NBAs media deals will double in value, thanks in part to a substantial boost in streamed content.. The NBA has revenues of $8.3B/year, while the WNBA only generates $60M (as we said . 1 pick in the 1998 draft, she was a fan favorite in five seasons in Utah and the rest of her career in San Antonio, Connecticut and Los Angeles. Additional research by Justin Teitelbaum. AASEG has spent the past year developing a proposal for the league. The league . Tsai, who is worth $8.7 billion according to Forbes, bought the team and moved it to Barclays Center in Brooklyn. They sometimes have to pay to appear on local TV, essentially debiting that outlay as a marketing spend just to air its games in its local market. The league called it "the largest-ever capital raise for a women's sports property." . Playoff appearances (record): Six (8-14) WNBA started with just eight teams which were fully owned by the NBA. 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. When the league began in 1997, it was not expected to be profitable or even break even. Also in September, the Lakers and the Philadelphia 76ers inked patch deals reportedly worth $20 million and more than$10 million per year, respectively. Former baseball star Alex Rodriguez and businessman Marc Lore are in the process of buying the Timberwolves/Lynx. But after four seasons, Johnson was ready to move on from the WNBA. But there was always a fascination league-wide with Dydek, the tallest woman to play in the WNBA at 7-foot-2. 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. One league source believes that the company was responsible for a substantial portion of the $75 million raised. This is a BETA experience. Plum and Hamby are the key players from San Antonio still with Las Vegas. Replacing Catchings has been most difficult for Indiana. Playoff appearances (record): Six (6-13) Playoff appearances (record): Nine (20-14) Los Angeles Clippers. A year later, the Sacramento Monarchs which had won a championship just four seasons earlier ceased operations after it failed to secure a relocation bid. We and our partners use cookies to Store and/or access information on a device. Earvin "Magic" Johnson - $620 Million. Franchise journey: The Sol are one of the two "if you blinked, you missed them" franchises in the WNBA, along with Portland. 10. Bird has been a key factor for all four titles and is a primary icon of the WNBA. It moved to San Antonio after that season. 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. The average price of a ticket is just over $100. Frankly, Im using more of the most recent data. Championships: Three (2003, 2006, 2008) One of the most storied franchises in WNBA history, the Liberty began play as one of the WNBA's eight original teams and took part in the league's inaugural game, defeating the Los Angeles . Who are the highest-earning Major League Baseball teams? Franchise journey: The Utah Starzz were an original WNBA franchise in 1997, but the Utah Jazz were not a very engaged owner and the team moved to San Antonio to become part of the Spurs organization in 2003. 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. Nine players were named to all four of the WNBA's honorary teams named during milestones in the league's history - the All-Decade Team in 2006; Top 15 Players in 2011; Top 20@20 in 2016, and . They pay for the potential and so the WNBAis becoming a major part of the conversation as we speak.. By 2003, all but one team was breaking even or losing money. Trinity Valley Community College Is the Hoops Dynasty You . While WNBA statistics have yet to be revealed, a number of those teams are said to have been supported by NBA ownership. In order to identify the most viable places for a WNBA expansion team, the league will consider a number of priorities and categories and will run each city through 25 data points within five categories: demographics, psychographics (market research or statistics classifying population groups according to psychological variables), sports benchmarks, viewership and fan data. The WNBA also takes advantage of free agent opportunities when players want to switch teams. 2,$5.6 billion) and the Los Angeles Lakers (No. Championships: None They've also had one of the most involved fan bases in the X Factor, which fell in love with the likes of Jennifer Gillom, Bridget Pettis and Australia's Michele Timms in the early years. Low point: After winning the Eastern Conference for the first time in 2010, the Mystics lost their coach and general manager when they wanted to combine those jobs into one. High point: Making the playoffs in their final season in Tulsa, 2015, before getting swept by Phoenix. And the Los Angeles Sparks, Phoenix Mercury, Sacramento Monarchs, and Utah Starzz were in the Western Conference. The most recent sale of a franchise occurred when Alex Rodriguez and Marc Lore agreed to a $1.5 billion deal to buy . In 2016, the Brooklyn Nets became the first new franchise to enter the league since 1976. Mike Alter - $1.2 Billion. Memphis Grizzlies: $1.36 billion. An example of data being processed may be a unique identifier stored in a cookie. The Charlotte Sting, Cleveland Rockers, Houston Comets, and New York Liberty were in the Eastern Conference. Still, Philadelphia holds lots of appeal. League sources believe Philadelphia has potential as an eventual expansion city, but it would likely mean the involvement of the 76ers both financially and in terms of an arena. Regular-season record: 351-273 Regular-season record: 238-287 The Lynx have been in a talent re-stocking process the last few seasons, but still consistently make the playoffs. A big name in men's basketball, he wasn't prepared to run a WNBA team. Seattle is our top-ranked franchise in part because it consistently has taken best advantage of its good fortune, and also because it has created such a positive, winning culture. Abrahams has been told that the rate will be somewhere between $15-20 million, and he says his team has that capital in hand as well as the capital required for annual operating costs. In order to break a tie, the following criteria will be utilized in the order set forth: Auriemma doesn't see his team cutting down any nets this season. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. The W.N.B.A. Face of the franchise: Sheri Sam (2000-02) So, if you do the scales, its pretty tough to even fathom that. And this next year, revenue is expected to eclipse $9 billion. 28. Thibault is now in his ninth season with Washington, which also traded for Delle Donne before the 2017 season. This amounts to a profit margin of 17%. After Seattle took Australian star Lauren Jackson No. That growth has been steady during the playoffs and finals too, though not as steep the WNBAaveraged 346,000 viewers per playoffs and finals game in 2017, 258,000 in 2019, and 367,000 last season. This recent history of the NBA's salary cap tells us again that Cuban's story isn't quite right. How much money do Major League Baseball teams make? But, fast forward to 2020, and every team in the league was profitable, with average operating income surging to $62 million. The Tulsa Shock then moved before the 2016 season to Dallas to become the Wings. Regular-season record: 413-340 The top cumulative contracts are four-year deals worth $899,480. What might the Sky have become with more seasons of these two playing together? Low point: Diggins-Smith insisting on a trade before the 2020 season, a year after Cambage had done the same thing. MVPs: None Browns representative declined further comment. 2 in 2011 that she didn't want to be there, and her brief presence (53 games) and long absences defined the franchise. Regular-season record: 341-380 Said Abrahams: They know weve done our financial model, they know whos involved with our group. 10. She told The Athletic that the value of the WNBAs 12 individual teams plus the league itself is worth over $1 billion. Several sources said few WNBA teams are currently profitable. The brothers also own NHL's Chicago Blackhawks, and before that, had an interest in the Indianapolis Pacers of the NBA. Under this method, the value of any company is determined by evaluating its assets - in this case, the Knicks - along with its liabilities and equity. 8. Best players: Diamond DeShields, Candace Parker, Allie Quigley, Courtney Vandersloot. From there it's a fair drop off to Seattle Sounders on $705 million and New York City on $655 million. Franchise journey: The Fever debuted in the third wave of expansion in 2000 along with Seattle, as well as Miami and Portland, both of which were soon defunct. 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. 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. While the average highest listed price is $233. They made the playoffs six times during this often-chaotic period, starting the stretch at 3-27 in 1998 and ending it 5-29 in 2012. Alibaba is responsible for around 70% of mail packages in China. 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. But it hasn't always been a 12 team league. Regular-season record: 490-323 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. In addition, corporate sponsorship revenues amount to $5 million while media rights fees bring in another $500,000. The Liberty lost Game 3 and the series, but "The Shot" lives on. Since the Knicks haven't posted their financial statements online like most other teams, they were given an exemption by Forbes to be able to calculate their value. By years end, a new location will be named and expansion projections will include expansion draft projections as the league prepares to welcome another market, a new team and even more talent. LeBron James' Los Angeles Lakers are now valued at $5.5 billion, joining the New York Knicks . Other notable stars: Liz Cambage, Chelsea Gray, Dearica Hamby, Kayla McBride, Angel McCoughtry, Kelsey Plum, Jackie Young. In the WNBA, Vandersloot holds the records for most assists in a season, most assists-per-game in a season, and most career assists-per-game. 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. Finally, people are understanding the value of the WNBAand what we offer.. The 2023 WNBA free agency period opened on Jan. 21, which means teams are now allowed to meet with players and offer contracts. The Warriors' revenue comes primarily from ticket sales ($153 million) and corporate partnerships ($100 million). Face of the franchise: Arike Ogunbowale (2019-present) MVPs: Nneka Ogwumike (2016), Candace Parker (2008, 2013), Lisa Leslie (2001, 2004, 2006) Glory Johnson is a professional basketball player. Low point: Becoming the first of the original eight WNBA teams to fold, after the 2003 season. having both surpassed the $4 billion mark for the first time this year. This is the perfect time, she said. Other notable stars: Janeth Arcain, Kim Perrot, Michelle Snow, Tina Thompson. Those four made up the core of the 2004 and 2005 teams that advanced to the WNBA Finals. That it came on the University of Minnesota's home court where Whalen played as a collegian (Target Center was being renovated) made it all the more memorable. The league-wide average of $2.2 billion per team in 2021 is a new record for Forbes' valuations. The 2022 WNBA Draft is just one day away, but the drama has already started with a blockbuster trade that saw the Washington Mystics send the No . Other notable stars: Elena Baranova, Debbie Black, Sandy Brondello, Betty Lennox, Ruth Riley. The city already has used this kind of financing for sports arenas. MVPs: None That said, there's something to be said for perception, and also educated guesses. MVPs: None Sources also have connected South Carolina coach Dawn Staley, a Philadelphia native, to the group. With the league celebrating its 25th season, we rank every franchise in each of its incarnations in different cities, all 23 of them. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The Chicago Sky are owned by Joe and Michael Birch. Catchings was a 10-time All-Star and five-time WNBA Defensive Player of the Year, as iconic to the Fever as Bird and Taurasi have been to Seattle and Phoenix. Even if your . The NBA has gained undeniable traction over the last decade, at least from a financial standpoint. Boston Celtics: $3.2 . 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. Were a very different league when some of those transactions occurred. So that's one year, unprotected, at the . For example, if a game draws low ratings, then no money will be made on that game. Other notable stars: DeWanna Bonner, Skylar Diggins-Smith, Candice Dupree, Brittney Griner, Cappie Pondexter, Tangela Smith, Penny Taylor. And for the upcoming 2021 season, ESPN has split the difference, dropping to 25 games. 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? MVPs: Diana Taurasi (2009) Stiles had a strong rookie season but had the first of many major surgeries when it ended and played just 21 more games in the WNBA, all in an injury-plagued 2002 season. Now, a Portland entrepreneur is trying to bring a WNBAteam back to the city. But there just wasn't a strong commitment from Heat ownership to the Sol. But Pistons/Shock owner Bill Davidson died in March 2009 and Laimbeer left for an NBA assistant's job shortly after. Rookie Wire took a look at the NBA through the All-Star break and ranked each team from worst to first.