HOW MUCH REVENUE DOES THE WNBA GENERATE? 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.
How much revenue does the WNBA generate a year?
The NBA’s annual revenues are $7.92 billion, the WNBA’s $60 million — which would not even cover the combined salaries of NBA players Kevin Love and Damian Lillard. Revenues, of course, are not to be confused with profits. All of which leaves the WNBA a little short of money.
How much revenue did the WNBA make in 2019?
More money for the league means more money for the players, and vice versa. According to wsn.com the WNBA generates about 60 million dollars in revenue, while the NBA generates about 7.4 billion dollars.
How much does the NBA subsidize the WNBA?
In 2003, former NBA commissioner David Stern authorized a $12 million subsidy to the WNBA which just celebrated its five years of existence. Three years later, it was reported that the WNBA gets a $12 million yearly allowance from the NBA. It exists numerous reasons for which the WNBA struggles at the moment.
What percentage of revenue do WNBA players get?
Last year, of the $60 million in revenue of the WNBA, about $12.3 million is paid out to the players, which equates to just over 20% of the total revenue. When comparing this to the NBA, which is a 50-50 split of revenue (NBA pays out 50% of revenue to players), it may seem unfair.
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.
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.
What is the maximum WNBA salary?
The base max salary is $190,550. The league minimum salary is now $58,710. The salary cap, which is regarded as a hard cap, stands at $1,339,000; this amount of money is distributed among 11 or 12 players on each of 12 rosters.
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 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.