Yes, WNBA teams make money from broadcasting rights, corporate sponsorships, merchandise, ticket sales, and food and beverage sales.
However, the league generates comparatively less sum as compared to the NBA. After 13 years of operation, WNBA witnessed its first positive cash flow in 2010.
Three of the teams brought profit to the league in 2011 and six in 2013. With the progressive monetary growth, the league got sponsorship from Boost Mobile.
Some current sponsors of the league are as follows:
- AT&T
- CarMax
- Deloitte
- Google
- Nike
- U.S Bank
The league brought a revenue of roughly $102 million in 2019 as reported by Bloomberg. In 2023, it is projected to bring a sum between $180 million to $200 million.
Despite that, the players can not access revenue sharing until the league makes 20% growth every year. The minimum salary of the athletes is $62,300 and the maximum is $234,900.
How Much Are WNBA Teams Worth?
WNBA teams are worth more than $43.75 million on average. The league itself reached a valuation of $1 billion in 2022 as per Seattle Times.
As of now, Seattle Storm has the highest valuation considering other franchises of the Women's National Basketball Association. The amount is 15 times greater than the former sale price of the clubs.
Previously, the clubs of the association were sold between $2 million and $10 million. Mark Davis purchased the Aces back in 2021 for a little more than $2 million.
With the gradual progress of women in athletics, the net worth of the teams is increasing. The league will witness massive economic growth in the upcoming decade.