<< << During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. 13 0 obj /Subtype /XML 21 0 obj /F3 67 0 R 44 0 obj Find your information in our database containing over 20,000 reports, six to eight billion U.S. dollars in revenue. /F3 67 0 R Euroleague Basketball has announced that overall revenues in Europe's . The NBA set the salary cap at $101.869 million for the 2018--19 season, up from $99.903 in 2017--18. /F4 70 0 R /Contents 184 0 R TEAM NON-STAFF COSTS Teams estimate spending between $3.3 million and $3.5 million. %PDF-1.4 /Font << But opting out of some of these cookies may affect your browsing experience. With this deal, the NBA increased its annual broadcasting revenue to $930 million per year. The league lost $800 from ticket sales and $400 from sponsorships and merchandise. /MediaBox [0 0 595.2 841.919] In 2021 . Still, some franchises carry no debt. Certain statements included herein, and, on the Company's, website constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. /GS0 136 0 R >> << /ExtGState << /GS0 134 0 R /MediaBox [0 0 595.2 841.919] endobj >> /GS0 138 0 R For its part, the league is anticipating a revenue rebound in 2021-22 at the earliest. ESPN front office insider Bobby Marks contributed to this report. The NHL increased its rights, too, thanks to NBA partners ESPN and AT&T's WarnerMedia. /Resources << Taking a steep percentage this season -- and returning to the normal 10% escrow system in 2021-22 -- could disadvantage one subset of players compared to spreading the hit over multiple years. << /BaseFont /ArialMT /Type /Page 36 0 obj "The NBA is flexing its muscle and has to support mandates for the greater good because that's really what we're talking about here.". /GS1 181 0 R Got a confidential news tip? The average ticket price in the NBA was $78.7 for the 2020/21 season. /F3 70 0 R Winningest Cities in Sports. >> Other teams take in less than $40 million in local television. ", Foxbusiness.com. /MediaBox [0 0 595.2 841.919] >> >> Despite the pandemic losses and challenges that await, Silver got the league to its 75th anniversary. /Font << /FontDescriptor 58 0 R /Fm0 105 0 R >> The deal is worth $24 billion over 9 years, concluding in the 2024/25 season. /ExtGState << /Type /Page /Contents 154 0 R 10. /F4 92 0 R >> data than referenced in the text. /MediaBox [0 0 595.2 841.919] /F1 62 0 R /Parent 5 0 R Brooklyn Nets had 5 seasons with negative income, most in the league during this period. /Parent 5 0 R /F0 63 0 R The Business of Basketball: Forbes Releases 22nd Annual NBA Team Valuations NBA media partners were also banking on the Nets. /GS0 144 0 R /F1 67 0 R >> /F2 76 0 R /F3 67 0 R 556 556 556 556 556 556 556 549 611 556 556 556 556 500 556 500] >> /GS0 161 0 R << Dropping to that level would have put almost every team into severe luxury tax territory, and it would have left very little available money for this offseason's free agents. /F4 70 0 R /Font << /F1 62 0 R /F1 62 0 R 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. 11 . >> NBA Team Values 2021: Knicks Keep Top Spot At $5 Billion - Forbes The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. NBA 2021-2022 season: $10 billion revenue, TV viewership rebound? - CNBC The NBA was first to stop play when Covid hit in March 2020. /GS1 121 0 R << NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. >> Because it is not a public company, the NBA does not release detailed financial reports to the public. /F3 67 0 R /GS0 171 0 R Every season had positive growth. /MediaBox [0 0 595.2 841.919] >> /ExtGState << /Resources << /Parent 5 0 R It would be the first NBA title won by a New York team since 1973. /Fm0 182 0 R >> The NBA hopes that it can play games with fans in home arenas in 2020-21, but it has also been exploring the possibility of modeling a bubble environment similar to what Major League Baseball used to finish the 2020 season's playoffs, sources said. /ExtGState << 6 0 obj The TV ratings for NBA's playoff games declined dramatically, down 37% compared to 2019. /F0 63 0 R /Contents 164 0 R Click on the different category headings to find out more and change our default settings. >> /F5 70 0 R If you do not allow these cookies, you will experience less targeted advertising. /F0 63 0 R According to ESPN, for the 2018-2019 season, teams saw an average of anywhere from just under 15,000 to just over 20,000 fans attend per home game. With tickets costing close to $74 on average (in the 2018-19 season), the money earned from ticket sales adds up quickly. Along with tickets, additional Basketball Related Income (BRI) includes concessions and other sales. Still, some franchises carry no debt. << /F3 92 0 R /F0 63 0 R ", USAtoday.com. /Flags 32 How the coronavirus outbreak could impact the NBA's salary cap for the 2020-21 season. The union is having its own internal discussion with its membership about what kind of escrow system is fairest to the full body of players. /Contents 147 0 R Player conflicts and setbacks in China are also troubling. Last year, the Cleveland Cavaliers lost money on an operating basis and declined by about 4% in value to $1.28 billion, per Forbes. Golden State Warriors have the most lucrative jersey patch deal, worth $20 million annually. It's causing problems as the NBA obeys local government policies that require people to be vaccinated before entering public places. Had the league and players' union followed the normal formula to determine this season's salary cap -- linking it to overall league revenue -- sources told ESPN that it would have fallen to around $90 million -- down from about $109 million in 2019-20. /Parent 5 0 R >> >> /Font << /F0 63 0 R >> endobj Silver, 59, also reiterated the cable TV bundle needs fixing, as regional sports networks are threatened by cord-cutting. /Producer (PDF-XChange Printer V6 \(6.0 build 322.6\) [Windows 10 Enterprise x64 \(Build 16299\)]) The sub-Saharan population in Africa is about 1.07 billion, according to the United Nations. /Contents 141 0 R >> Silver said roughly 96% of NBA players are vaccinated. /ExtGState << /F2 76 0 R It tends to lag behind some of the other revenue streams mentioned above. The league said games between Dec. 22 to Dec. 25 averaged 3.4 million viewers. /Contents 174 0 R The ECA executive board's decision will now be presented for formal approval by the company's shareholders on 9th July. This is a 60% drop compared to the previous season, and the largest income drop over the last 10 years. /Font << Broadcasting deals present the largest source of revenue for the NBA. /F2 76 0 R Since 2017, the NBA allowed teams to have brand logos on their jerseys. The expenses of the Orlando Bubble were $190 million, $10 more than planned. Ben Simmons #25 of the Philadelphia 76ers handles the ball against the Atlanta Hawks during Round 2, Game 7 of the Eastern Conference Playoffs on June 20, 2021 at Wells Fargo Center in Philadelphia, Pennsylvania. /Type /Page Stars, 16 Agency Leaders Explore The SEO Trends Impacting Their Work In 2023, 15 Smart Ways To Address High Employee Turnover, How Vietnam's Entertainment Industry Can Increase Its Global Reach, 6 Best Practices For CEOs And Professional Leaders Using LinkedIn. The deal is worth $9.3 annually on average, though varies significantly from team to team. endobj /Parent 5 0 R 53 0 obj /F0 63 0 R /F1 63 0 R Cleveland Cavaliers on the Forbes NBA Team Valuations List >> /F0 63 0 R >> . /Parent 5 0 R >> endobj /MediaBox [0 0 595.2 841.919] 50 0 obj A sportsbook is a company or entity that accepts bets. >> /Parent 5 0 R NBA has become the fastest-growing sport in North America over the last few years. /Type /Page ", Forbes. Team values are enterprise values (equity plus net debt) of team based on current arena deal (unless new arena. In 1998, the NBA signed a 4-year, $2.64 billion deal with NBC and Turner for broadcasting rights from 1998/99 to 2001/02 season. /ExtGState << The 20-year contract between the Lakers and Time Warner Cable (now Charter) that included the launch of two new regional sports networksone English and one Spanish-languageaverages $200 million a year. This presents a $400 million per year revenue. << /Type /Page << And the league launched its Africa business that's estimated to bring in $1 billion. endobj /F0 63 0 R /F3 67 0 R stream /F1 62 0 R Please do not hesitate to contact me. The 76ers and Simmons reunited last week after he missed training camp due to his offseason trade demands. >> The average NBA team generated $1.76 million in tickets sales in 2021. /Type /Page >> << Groat's family said in a statement that he died at UMPC Presbyterian Hospital from complications of a stroke. Greg McFarlane is a financial writer and co-founder of ControlYourCash.com. /ExtGState << /F1 62 0 R >> endobj /F4 70 0 R /ExtGState << /ExtGState << /MediaBox [0 0 595.2 841.919] /Contents 129 0 R The league is eligible for another extension, with a projected worth of $75 billion over 9 years. /MediaBox [0 0 595.2 841.919] /MediaBox [0 0 595.2 841.919] Data is a real-time snapshot *Data is delayed at least 15 minutes. /Type /Catalog 2020-12-07T14:17:54 << /MediaBox [0 0 595.2 841.919] /MediaBox [0 0 595.2 841.919] 400 549 333 333 333 576 537 333 333 333 365 556 834 834 834 611 /Contents 71 0 R /F1 62 0 R 15 0 obj /Resources << The company began investing in renewables in 2019, and last year became the first major private equity firm to pledge to net zero emissions by 2050 (for some of its portfolio). >> These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. >> /Fm1 183 0 R /F4 70 0 R statements of financial position as of December 31, 2020 and 2019, and the related consolidated statements of activities, functional expenses and cash flows for the years then ended, and the related notes to the consolidated financial statements. /Resources << /Contents 135 0 R 31 0 obj >> The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season.. /Type /Page The National Basketball Association has a reputation for being the most innovative of the major professional North American sports leagues, earning money from a combination of sources, including television rights, merchandising, and ticket sales. Digeni Akrita 83, 1070, Nicosia NBA team revenue, financial info: How franchises spend money - Sports NBA average operating income per team 2022 | Statista >> /GS1 99 0 R /Type /Page "NBA jersey patch sponsorship program expands as league scores new revenue. The NBA debt is currently $6.7 billion, increasing by 24% compared to the previous year. /MediaBox [0 0 595.2 841.919] /Resources << endobj Financial Statements 2016 (in Greek) /Resources << /F4 70 0 R Granted, thats largely due to a single outlier: the 2014 sale of the Los Angeles Clippers, who went for an unprecedented $2 billion. Even discounting that sale, the remaining prices show that NBA owners and prospective owners clearly expect revenues to augment even further in the next few years. 20 0 obj /Parent 5 0 R /F0 63 0 R /F0 63 0 R Are you interested in testing our business solutions? /F1 62 0 R Methodology: Revenues and operating income are for the 2018-19 season and net of revenue sharing and arena debt, service. /Parent 5 0 R >> /ExtGState << Investopedia requires writers to use primary sources to support their work. << That was up 32% from the 2020 NBA bubble Finals featuring the Lakers and Miami Heat, which averaged 7.5 million viewers. >> Our guide page will help you get specific information about each type and its effect on your feet and performance. /F0 63 0 R /F2 76 0 R The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. /Resources << /F2 8 0 R >> /F2 76 0 R When asked by CNBC on Monday if NBA games would return on CCTV this season, Silver said: "It's unclear whether we'll be back on CCTV this year. x]n E|,d6VitWb*J`E!BZA /F2 76 0 R >> >> >> /GS0 169 0 R /FontName /ArialMT /Contents 149 0 R Forward-looking statements reflect management's current knowledge, assumptions, judgment, and expectations regarding future performance or . >> /F0 62 0 R /Flags 32 47 0 obj The Los Angeles Lakers rank second with a value of $4.4 billion, up 19% from 2019. /F3 67 0 R /Type /Page , Jan 9, 2023. Earnings before interest, taxes . The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Total revenue of the National Basketball Association 2001-2022, Average operating income of National Basketball Association teams 2001-2022, Average franchise value of National Basketball Association teams 2001-2022, National Basketball Association all-time triple double leaders 1946-2023, Value of National Basketball Association franchises 2022, Average franchise value in major U.S. sports leagues 2007-2022, Major sports leagues by average franchise value in North America from 2007 to 2022 (in million U.S. dollars), Average franchise value of NBA teams from 2001 to 2022 (in million U.S. dollars), National Basketball Association franchise value by team in 2022 (in million U.S. dollars), National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. dollars), Teams of the NBA ranked by revenue 2021/22, National Basketball Association teams ranked by revenue 2021/22 season (in million U.S. dollars), NBA league & teams sponsorship revenue 2010-2022, National Basketball Association sponsorship revenue from 2010 to 2022 (in million U.S. dollars), Average operating income per NBA franchise from 2001/02 to 2021/22 (in million U.S. dollars), Operating income of National Basketball Association franchises in 2022, National Basketball Association teams ranked by operating income in 2021/22 (in million U.S. dollars), Average TV viewers of the NBA regular season from 2020 to 2022 (in millions), NBA Finals TV viewership in the U.S. 2000-2022, Average TV viewership of NBA Finals games in the United States from 2002 to 2022 (in millions), NBA Finals TV ratings in the U.S. 2002-2022, Average TV ratings of NBA Finals games in the United States from 2002 to 2022, Average U.S. TV ratings of NBA Finals 2022, Average viewers of the NBA Finals in the U.S. 2022, Number of viewers of the NBA Finals in the United States in 2022, by game (in millions), Number of viewers of the NBA Draft from 2011 to 2022 (in millions), Total attendance at National Basketball Association regular season games 2006-2022, National Basketball Association: total attendance at regular season games from 2006/07 to 2021/22 (in millions), NBA regular season home attendance by team 2021/22, National Basketball Association average regular season home attendance in the 2021/22 season, by team, Average per game attendance in the NBA from 2005-2022, National Basketball Association average regular season home attendance from 2006/07 to 2021/22, NBA regular season average home attendance by team 2021/22, National Basketball Association average regular season home attendance by team 2021/22 season, Construction costs of NBA stadiums/arenas built since 2000, NBA arenas/stadiums built since 2000 ranked by total construction costs (in million U.S. dollars), Federal subsidy to NBA stadiums built since 2002, Sports stadiums of the NBA ranked by value of federal subsidy since 2002 (in million U.S. dollars)*, Level of interest in the National Basketball Association in the United States as of March 2023, NBA interest level in the U.S. 2023, by ethnicity, Level of interest in the National Basketball Association in the United States as of March 2023, by ethnicity, National Basketball Association (NBA) interest levels worldwide 2021, Level of interest in the National Basketball Association (NBA) in selected countries worldwide as of April 2021, Facebook fans of National Basketball Association teams as of October 2022 (in millions), NBA number of Facebook fans/Twitter followers 2012-2023, Number of Facebook fans/Twitter followers of the NBA from 2012 to 2023 (in millions), National Basketball Association salary cap 2012-2023, Size of the salary cap of the National Basketball Association (NBA) from 2012/13 to 2022/23 (in million U.S. dollars), Minimum player salary per year in NBA 2017-2024, Minimum annual player salary in the National Basketball Association from 2017 to 2024 (in U.S. dollars), Average player expenses of National Basketball Association teams 2001-2022, National Basketball Association average team payroll from 2001/02 to 2021/22 (in million U.S. dollars), Player expenses in the NBA by team in 2022, National Basketball Association teams ranked by player expenses (salaries) in 2021/22 (in million U.S. dollars), National Basketball Association highest-paid players in salaries & endorsements 2023, Highest-paid National Basketball Association players in 2022-2023 (in million U.S. dollars), Number of NBA championships won from 1946 to 2022, by franchise, NBA all-time scoring leaders - total number of points scored as of April 2023, National Basketball Association all-time assists leaders 1946-2023, NBA all-time assists leaders as of February 2023, National Basketball Association all-time rebounding leaders 1946-2022, NBA all-time leaders in total number of rebounds as of August 2022, Players with the most triple doubles in the NBA all-time as of March 2023, National Basketball Association all-time minutes leaders 1946-2022, NBA all-time minutes leaders - total number of minutes played as of August 2022, WNBA all-time scoring leaders - total number of points scored as of August 2022, Highest paid players in the Womens National Basketball Association (WNBA) in the United States in 2022 (in 1,000 U.S. dollars), Regular season attendance WNBA games 2022, Average regular season attendance at WNBA games in 2022, by team, Average TV viewers of the WNBA regular season from 2016 to 2022 (in 1,000s), Level of interest in WNBA in the United States as of March 2023.
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