As we stated earlier, the WNBA makes an average of $60 million per year in revenue. The ticket sales, which makes up $50M, which is more than 83% of the total revenue of the WNBA. When comparing this to the NBA, the WNBA makes a much larger percentage of their revenue from ticket sales.
How does WNBA stay in business?
The WNBA is owned and subsidized by the NBA, which brings in over $8 billion annually in revenue. The NBA itself is a private business association of 30 franchises. If you do the math, the WNBA costs the ownership of each of the 30 franchises roughly $333,000 per year.
Why does the WNBA make less money?
To put it simply, the WNBA does not have the funds to pay salaries comparable to the NBA average; therefore, people cannot expect the two leagues to have equal pay. One main cause of the disproportionate revenue between the two leagues is viewership.
Do NBA and WNBA get paid the same?
Fact is the average WNBA salary, slightly less than $100,000, is roughly 1.5 percent of the average NBA salary, which exceeds $7 million. WNBA revenue is a fraction of that produced by the NBA, which is why Green is urging female athletes to target corporations that claim to be supportive equality for women.
Who is the lowest paid WNBA player?
The minimum salary for an WNBA player with two years of service will rise from $42,728 annually to $57,000 beginning in 2020.
Who is the richest WNBA player?
In terms of average annual salary, players on the Phoenix Mercury, such as star player Diana Taurasi, brought home over 81 thousand U.S. dollars in 2019, more than any other team.
Is the WNBA profitable 2020?
The WNBA generates revenues of $60 million annually, but it also has costs in excess of $70 million annually. So, the WNBA does not make money. It has turned an average $10 million net loss (revenue costs) per year, since its inception in 1996.
Do WNBA teams lose money?
Revenues, of course, are not to be confused with profits. All of which leaves the WNBA a little short of money. NBA commissioner Adam Silver reports that the WNBA has lost an average of $10 million every year it has existed, which the NBA subsidizes out of the goodness of its politically correct heart.
Why can’t WNBA players dunk?
WNBA players are allowed to dunk on the game. However, dunking is much less common in the WNBA than in the NBA. The reason why is because the average height of WNBA players is shorter compared to the average height of NBA players. … Most WNBA players can’t dunk but most of them are good shooters.
Why is WNBA not popular?
Some reasons they list that WNBA will never be a popular sport is: Too political. Men don’t like to watch women try to act like men. … The majority of the sport’s fans don’t crave watching women’s professional basketball.
How much is the WNBA worth?
At a value of $1.66 billion, they sold for 6.4 times their estimated revenue. With Forbes providing an estimate for the revenue and value of each NBA team, we can use those numbers to find that the average estimated revenue multiple for all NBA teams is 7.3.