That new new. 🤯
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Sportico published its estimated WNBA valuations, illustrating YoY valuation gains for teams across the board. One significant surprise? The financial power of the Golden State Valkyries, which tipped off its inaugural season last month and already leads the league in valuation. 🤩
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According to Sportico, WNBA teams are collectively worth $3.5B (or $269M on average), up an unprecedented 180% YoY, and generated a total of $243M in revenue in 2024, up 53% YoY. Notably, the W now leads all major North American sports leagues in terms of revenue multiples, which compares a team’s value relative to the revenue it generates. 📈
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The Valkyries shot straight to the top of league valuations, coming in at $500M. This is partly fueled by the team’s 20-plus sponsors, including JPMorgan Chase, Kaiser Permanente, and United Airlines. 😱
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The tean have sold out all seven home games, set a single-game revenue record (over $3M), and are averaging $1.5K a pop for courtside ...