In 2009, the Detroit Shock sold for approximately $5 million, based on legal documents filed by its then-owners. 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. 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. MVPs: None So I think our newest data is our capital raise and the huge, huge commitment we got from that investor group.. So, if you do the scales, its pretty tough to even fathom that. Face of the franchise: Dawn Staley (1999-2005) She made it clear before being drafted No. 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. Other notable stars: Vickie Johnson, Ann Wauters, Sophia Young-Malcolm, Kayla McBride, Jia Perkins, Ruth Riley, Danielle Robinson. In 2011, 22 of the 30 teams were losing money, and the average operating income per team sat at $6 million. Considering they've already reached the Finals and had an MVP, the building blocks to long-term success are in place. Commissioner Cathy Engelbert told The Athletic she hopes to identify one or two cities for an expansion franchise by the start of the WNBA playoffs in September or by years end at the latest. ^ Cited revenue was AUD$1.547B; exchange rate of 1 euro per AUD$1.61 for 2019 season used here. The average NBA team is worth $1.9 billion, up 13% over last year and three times the level of five years ago. Franchise journey: Greatness is invariably accompanied by some luck. That's an increase from 2020, when the average team valuation crossed $2 billion for the first time, according to Forbes. Even a comparison over a 2019 which we might call a more normal year but we were a different league back then than we are now.. Championships: None 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. Maybe the magic of the franchise's early years can be recaptured, along with its first championship. How much money do Major League Baseball teams make? We had to build a (Warriors) team and business organization. (Nathan Denette / The Canadian Press via Associated Press). In 2011, they won the draft lottery, which brought UConn superstar Moore as the No. It is just a timing process though. The WNBA has whittled its list to 10 to 12 cities, Engelbert said, after it began with 100 possible locations for its new franchises. But McCoughtry was injured late in the 2018 season, didn't play in 2019 and left as a free agent for Las Vegas in 2020. What you need to know about the Chicago Sky. Fawknotson remains optimistic about Nashvilles chances for WNBAexpansion. Auriemma doesn't see his team cutting down any nets this season. Toronto Raptors - $2.1 Billion. Franchise journey: An original WNBA franchise, the Sting were first owned by the Charlotte Hornets and made the playoffs six of their first seven seasons. Still, Philadelphia holds lots of appeal. The NHLs Predators, the arenas main tenant, have publicly supported the Nashville Sports Councils Women in Sports Initiative, which indicates they would be open to discussing sharing Bridgestone Arena if an ownership group came forward. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. DiscoLives4ever 6 yr. ago. The WNBA approved the sale of the . The Blazers have leases with the city of Portland for both arenas. Try a week on us. Firstintroduced during the 2017-18 season and hovering about $150 million in total for the past couple of years,the agreementsare expected tobring inwellover $225 million across the leagues 30 teamsin 2021-22. Apr 11, 2022 at 7:36 pm ET 10 min read. In the CAA Icon survey, residents favored Bridgestone Arena and the Nashville Municipal Auditorium. 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. She tried for years to make a comeback but was beset with injuries and ended up playing just 53 games total. Elena Delle Donne - $221,450. One league source believes that the company was responsible for a substantial portion of the $75 million raised. 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. Championships: None The Star made the playoffs in seven of Hammon's eight years with San Antonio. With the 2021 WNBA season tipping off Friday, we took a look at the league's highest-paid players. Regular-season record: 72-44 Secondly, in order to get the players more money, we obviously need more revenue. Engelbert has said the money will go toward investments in marketing and consumer digital products, among other necessary improvements. standings, wnba, wnba standings, women's basketball, records, table . Two-Way Tie Between Teams. And we know more about it than anybody else. Championships: Four (2004, 2010, 2018, 2020) Engelbert said the leagues financial position is in a much better place after coming through the pandemic protocols. Third on our list is the Seattle Storm. 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. 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. 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 No. Regular-season record: 48-48 Transactions occur in a black box, unlike most other professional leagues, in which teams are sold and their prices are eventually leaked or announced. Expansion could allow the league to increase its schedule the WNBA is already playing a record 36 games this season and to offer broadcast partners a larger content package, or give it more inventory to split among interested buyers. Arctos Sports Partners nabbed a 17% stake in the Sacramento Kings at a $1.84 billion valuation last month,just above our February estimate of $1.825 billion. Regular-season record: 87-99 We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Now, a Portland entrepreneur is trying to bring a WNBAteam back to the city. Playoff appearances (record): Eight (30-19) He is known for being one of the founders of Microsoft and also owns the Portland Trail Blazers of the NBA. Face of the franchise: Lisa Leslie (1997-2009) 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. And if we can do that, were gonna get a great next round of media deals.. The lowest of . Fortunately, there was soon a move to Las Vegas. Other, smaller pieces of teams where the buyers obtained no path toward control also changed hands at prices above our last edition of NBA valuations. Help Accessibility 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. 1 picks and drafted superstars with all four picks: Jackson (2001), Bird (2002), Loyd (2015) and Stewart (2016). While the average highest listed price is $233. The consent submitted will only be used for data processing originating from this website. The base salary for WNBA rookies varies on when (or if) players were selected in the WNBA Draft. For the first time, there are three NBAfranchisesworthmore than$5 billion:theNew York Knicks (No. Playoff appearances (record): Two (0-2) "I wish we . Take, for example, the New York Knicks. Nashville has this reputation and has earned it well just looking at Major League Soccer, from moving from the bottom of the list to the top, Fawknotson said, referencing Nashville FC. 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.. 4. A big name in men's basketball, he wasn't prepared to run a WNBA team. 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. 28. PHOENIX - The three-time WNBA Champion Phoenix Mercury today re-signed the face of the franchise and the Greatest of All-Time, Diana Taurasi, to a multi-year contract, the team announced. Meanwhile, Shock assistant Cheryl Reeve left to take over at Minnesota, starting a dynasty there. The estimated net worth of Mark Davis, an American businessman and owner of a professional sports team, is $1.9 billion. She joined Penicheiro, the team's No. Value: $1.58 Billion. The WNBAhas seen significant growth in viewership over the last five years. Low point: There hasn't been one, although the Aces were disappointed to be swept by Seattle in the 2020 Finals. Championships: Four (1997, 1998, 1999, 2000) Regular-season record: 60-68 When the WNBA was first established in 1996, it had only two other major sponsors besides Nike: Coca-Cola and McDonald's. Other notable stars: Tully Bevilaqua, Jessica Davenport, Katie Douglas, Briann January, Erlana Larkins, Tammy Sutton-Brown, Shavonte Zellous. The report estimated the franchise's value at $2 billion, making it the most expensive team in the league. Following the funding, the valuation of the WNBA and its teams . After she retired following the 2014 season, the Stars went 23-79 in their last three seasons in Texas before moving to Las Vegas to become the Aces. 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. MVPs: A'ja Wilson (2020) 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. Taurasi will continue with the Mercury, the only WNBA franchise for which she has played, in Season 19 in 2023. That brought young post players Charli Collier, 21, and Awak Kuier, 20, who could blossom. MVPs: Tina Charles (2012) Among those who passed through in Tulsa were fallen track star Marion Jones (13 years after she had played collegiate basketball at North Carolina) and Swoopes, who played her final season at age 40 for the Shock in 2011. 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). Championships: None A league source said Maple Leaf Sports and Entertainment (MLSE), the group that owns the Raptors, has done its due diligence to bring an expansion franchise to Toronto. Other notable stars: Rebekkah Brunson, Napheesa Collier, Taj McWilliams-Franklin, Katie Smith, Lindsay Whalen. Playoff appearances (record): 13 (18-30) They pay for the potential and so the WNBAis becoming a major part of the conversation as we speak.. However, in nearly two decades since, a lot has changed as Oregon has become a burgeoning mecca for womens sports supporters. Bridgestone Arena which is owned by Nashvilles Sports Authority Board and has successfully hosted the womens Final Four as well as SEC tournaments would be an obvious choice. MLSE is developing a comprehensive business strategy to explore opportunities for involvement in all womens professional sports, including basketball, and look forward to working with leagues and partners across the industry as part of that process.. This would be the first time the league has added an expansion team since the Atlanta Dream were founded in 2008. How much each NBA team is worth in 2021: New York Knicks: $5 billion. An example of data being processed may be a unique identifier stored in a cookie. Five franchises will pay their top earner less than $200,000 for the upcoming campaign. We have a process that were following, and were excited to get to the next steps on this, Engelbert said. 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. The Stars' struggles in their final years in San Antonio helped lead to consecutive WNBA No. 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. 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. (John Russell /, Alana Beard, a former WNBA star, is working to bring a franchise to Oakland. Other notable stars: Alana Beard, Tamecka Dixon, Chelsea Gray, Mwadi Mabika, DeLisha Milton-Jones, Kristi Toliver. 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. Bonner, Delle Donne and Diggins-Smith all . 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. We really want to set up new owners for success., Engelbert estimates an 18- to 24-month timeline from the identification of a new team to its inaugural season. Then we had to build an arena (Chase Center). "The way we are right now, this team, as it is right . He also owns the Rangers baseball team. 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. Florida grad Jones gets credit as the only player who was with the Rockers start to finish. The Knicks receive most of their revenue from selling tickets ($97 million) and some amount from basketball licensing ($25 million). Then Connecticut fired Thibault after the 2012 season, and the Mystics finally had a long-term coach. 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 Yankees and Knicks have the same owner: James Dolan. But they also endured tragedy during that run, when guard Perrot died of cancer during the 1999 season. Championships: One (2019) 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. 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. The Dream have struggled mightily these past three seasons; they are 21-60 in that stretch. The oldest player is 28-year-old Thornton. Teams cannot rely on a large national media rights deal. Golden State Warriors: $4.7 billion. Explained How The NBA Owns WNBA Teams And Who Are The New Team Owners. 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. That said, there's something to be said for perception, and also educated guesses. Its amazing to be in the conversation, Beard said. Face of the franchise: Becky Hammon (2007-2014) (Rich von Biberstein / Icon Sportswire via Getty Images), Warriors majority owner Joe Jacob has interest in bringing a WNBA team to San Francisco. Former Senator Kelly Loeffler is out as an owner of the WNBA's Atlanta Dream. Regular-season record: 490-323 Value: $4.7 billion. The Boston Celtics are second on the list with an estimated value of $1.6 billion. Other notable stars: Allisha Gray, Liz Cambage, Skylar Diggins-Smith, Isabelle Harrison, Glory Johnson, Marina Mabrey, Satou Sabally, Kayla Thornton. Our figures include revenue that team owners get from non-NBA events at their arena. (Ray Chavez /The Mercury News via Getty Images), Could Scotiabank Arena be home to a future WNBA team? Sources also have connected South Carolina coach Dawn Staley, a Philadelphia native, to the group. The brothers also own NHL's Chicago Blackhawks, and before that, had an interest in the Indianapolis Pacers of the NBA. (The Comets dedicated that season to her.). Franchise journey: The Aces are this low only because they're in just their fourth season in Las Vegas. 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. Championships: None The NBA, however, turns a profit of roughly $2.1B per year, which is what allows them to payout 50% of the league revenue to 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. 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. 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. 1 draft picks was on the way. They had been the Orlando Miracle, affiliated with the Orlando Magic, and were just getting established after four seasons. MVPs: None 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. The Wings had the top two picks in this year's admittedly weak draft. Other notable stars: Kahleah Copper, Diamond DeShields, Stefanie Dolson, Candice Dupree, Sylvia Fowles, Candace Parker, Cheyenne Parker, Epiphanny Prince, Allie Quigley, Tamera Young. Originally part of the NBA's Seattle SuperSonics organization, the Storm franchise was bought by a Seattle-based, all-women ownership group, Force 10 Hoops, in 2008 to keep the WNBA team in place when the NBA team moved to Oklahoma. Regular-season record: 224-200 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. He loves watching all types of sporting events and has made it his personal mission to attend every game he can. The Stars then won Game 3 and made their only WNBA Finals appearance. Robert Sarver - $800 Million. How Breanna Stewart's move impacts the Liberty, Storm and the WNBA, WNBA free agency and trade tracker: Latest deals and news, Sparks' Talbot to miss season with torn ACL, Source: Griner back with Mercury on 1-year deal, Taurasi, 40, signs multiyear deal with Mercury, ESPN's Rowe, Spears receive Curt Gowdy award, Happy birthdays to MJ: Jordan's not the only one sharing his birthday with big-name stars, Former Iowa, Storm center Edwards dies at 49, Jefferson leaves Lynx, signs contract with Mercury, WNBA's best 25 under 25: Ranking A'ja Wilson, Napheesa Collier and all the young stars, WNBA Power Rankings: Connecticut Sun dethrone Las Vegas Aces, while Minnesota Lynx leapfrog over Seattle Storm. Face of the franchise: Margo Dydek (1998-2002) That history is ancient history, she said. By 2003, all but one team was breaking even or losing money. Rookie Wire took a look at the NBA through the All-Star break and ranked each team from worst to first. It actually wouldnt be thoughtful to be using old data like that. 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. The Fever haven't made the playoffs since she retired after the 2016 season. Championships: None What might the Sky have become with more seasons of these two playing together? Engelberts primary responsibility through the first three years of her tenure has been to transform the WNBAs economics. Force 10 has never wavered in its commitment to the WNBA and the Seattle community. There has been a critical error on this website. It was the first title for the franchise and longtime WNBA coach Mike Thibault. Expansion has been the hot-button issue of the WNBA through the entirety of Engelberts tenure as commissioner. Low point: There are so many options. High point: A franchise-best 29-5 regular-season record plus a 7-1 playoff mark in the Mercury's 2014 championship season. 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. Low point: An 8-26 record in 2003 under the Mercury's third coach in three years. Curry remains one of the best players in the game (96), and the team sports a plethora of young, promising players in Jordan Poole (81) and Jonathan Kuminga (79). Theprivate equity firmalsobought just under 5%of the Golden State Warriorsat a$5.5 billion valuation in April, thehigh-water markfor a minority stake and 17% above our last estimate. The Sparks were originally based in San Francisco but moved to Los Angeles in 2005. Playoff appearances (record): 15 (27-36) Previous transactions have valued WNBA teams in that range, showing only middling growth in franchise values over the last 20 years. But they fell to Charlotte in the East semifinals. 2,$5.6 billion) and the Los Angeles Lakers (No. Vandersloot to New York, the rise of superteams and a Liberty-Aces WNBA Finals? Other notable stars: Skylar Diggins-Smith, Ivory Latta, Tiffany Jackson-Jones, Glory Johnson, Sheryl Swoopes, Odyssey Sims, Riquna Williams. Bird said she "felt like crap" that season, but committed to getting in the best shape of her life and staying in Seattle. The New York Knicks are the most valuable franchise in the NBA, with an estimated value of $4 billion. MVPs: Nneka Ogwumike (2016), Candace Parker (2008, 2013), Lisa Leslie (2001, 2004, 2006) 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?

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