. Statista assumes no Many argue that this weakens accountability, as executives can simply overrule the wishes of outside investors. Cited revenue was USD 655million; approximate average exchange rate of USD 0.88 per EUR 1 for March 2016 used here. He made it a point to talk about the importance of cable television bundles as well. (Scheduling may have played a factor, as fewer people were watching TV this July, the NBA says.). The highest-paid WNBA player made 228,000 last year. Revenues, of course, are not to be confused with profits. Steph Curry is the highest-paid player in NBA history, earning $45.78 million in the 2021-22 season. Chase Center, The home of Golden State Warriors, the most valuable Basketball team in the world in 2023. The kip is made up of 100 att, and is often presented with the symbol (__). 5) vs the Indiana Pacers? The league also earned $8.9 billion in basketball-related earnings. Below is a historic overview of average NBA salaries based on player's position. This outperformance was significantly higher for tech companies. And Chicago-based manufacturer Wilson starts its new agreement to produce the NBA game basketballs. And that was a decline from previous years. Cited revenue was USD 1300million; approximate average exchange rate of USD 1.098 per EUR 1 for October 2016 used here. NBA point guards are the first group with a salary average of over $10 million in NBA history. Miami Heat are tearing down their FTX sign to rename their arena the Kaseya Center on a 17-year deal. From the 2010/11 season, the league's revenue has been growing at an average rate of 8%. James is a Basketball Insiders contributor. This is our Salary Cap Dream Team. Moreover, per Forbes, the top 5 most valuable NBA teams in 2022 are the Knicks ($5.8 billion), Warriors ($5.6 billion), Lakers ($5.5 billion), Bulls ($3.65 billion) and Celtics ($3.55 billion). Almost everyone knows that the NBA generates huge revenue every year. You only have access to basic statistics. National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. dollars) [Graph]. Yankee Stadium, The home of New York Yankees, the most valuable Baseball team in the world in 2023. Earnings were down 35% from accumulated NBA annual revenue the year prior. A season later, the league generated $8.3 billion in revenue. The largest drop in revenue occurred during the 2020/21 season, with a 19% yearly decrease. But some players, including Nets star guard Kyrie Irving, are against mandating the vaccination. All 10 largest NBA salaries are from the last 2 seasons, and all of them come from point guards. Covid is still around, but audiences are back in arenas, which is good news for attendance revenue, and Silver told attendees the NBA expects to make $10 billion for its 75th anniversary. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. $800 million was lost in gate receipts. Shareholders of public companies often receive the right to vote on corporate policies like issuing dividends or initiating mergers. NFL sponsorship revenue reached $1.32 billion in the 2017-18 season, with beer, trucks and fast food being among the largest spenders. 2020/21 season was fourth in a row with sponsorship revenue exceeding $1 billion in a year. German players averaged $6.61 million during this period, followed by 20 Australian players earning $6.57 million. The WNBA . dollars)." This is only broadcast revenue of INR 9.51bn for a period of 5 years which equates to 106.9mn Euro at the time of announcement. Will the players change, and companies like Amazon, Apple, and the streaming guys what to come into the game, as opposed to just the ESPN and Turner? The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. Running shoe upper: how to choose the best one for your needs. League revenue increased by 30 percent in second season", "Most people missed the biggest story of Grey Cup week in Ottawa 14 months ago. This is a 5% increase from a year before. NBA teams local TV deals vary significantly. Dimitrije Curcic has been playing basketball for over 22 years. Silver's league could achieve that number with the TNT broadcast of the Lakers playing the Golden State Warriors, featuring the league's two biggest superstars, James and Steph Curry. Please do not hesitate to contact me. However, thanks to hefty TV contracts and player salary cuts, average operating income only fell by 11.4%, from $70 million to $62 million. This particularly applies to players under minimum and two-way contracts. Please create an employee account to be able to mark statistics as favorites. Silver told the crowd last Tuesday that the NBA's overall viewership is down. Projected revenue was USD $1.6B; exchange rate of 0.94 euro per USD as of 10 Feb 2023 used here. "Will they be big media contracts from people who are on cable in broadcast TV? This deal is a 245% increase in annual revenue compared to the previous deal with Addidas, worth $51 million annually. This is a 97% decrease compared to the 2019/20 season, and the second season in a row with a drop in ticket revenue since the lockout-shortened 2011/12 season. Impact of Covid-19 pandemic on NBA revenue. GOBankingRates.com looked at each team's yearly revenue and attendance and calculated what each. Business Solutions including all features. Silver said roughly 96% of NBA players are vaccinated. For the 2018-19 campaign, revenue for the NBA reached $8.8 billion. For our recommendations, check out our breakdown of 10 best basketball shoes for 2021. TRADER~ WILLIAM (@official_trader_william) on Instagram: "incredible__sophiafx If you don't know YOUR NEXT FIVE MOVES in TRADING then you've already lo." But the league will need TV audiences to rebound, and concerns linger about the long-term viability of the cable TV model and regional sports networks. France/Monaco - Association Football - Revenue: $1.5 billion. There are two major patterns that can be seen from our infographic. 30 NBA teams generated $738 million in operating income for the 2020/21 season. Due to varying update cycles, statistics can display more up-to-date (link to highest-paid players page). When betting your capital is at risk. According to Forbes however, who annually value all 30 NBA franchises, the total revenue generated across the entire league is in the vicinity of $8.76 billion per year. When it came to the NBA's international business, Silver walked a very safe line. During the 2020/21 season, the NBA generated $1.46 billion in revenue from sponsorships. Like Manu Ginobili, hes a left-hander whose moves led him to a better career-shooting percentage than the Argentine himself. List of professional sports leagues by revenue. After playing professionally for 10 years, Dimitrije moved to coaching for two seasons before he became a basketball statistician for StatScore, and FanSided contributor for the San Antonio Spurs. BetOnline and Bovada are offering $1,000 sign-up bonuses today. Find your information in our database containing over 20,000 reports, six to eight billion U.S. dollars in revenue. Even as late as draft day, the odds shifted dramatically, culminating in ESPN insider Adrian Wojnarowski dropping a patented "Woj bomb . That guess was based on the fact NBA games are allowed to stream in China. Hence, Nets owner Joe Tsai had no problem giving up the assets. NBA revenue dropped 10% to $8.3 billion for the 2019-20 season, including $200 million in deemed "net negative impact" from a monthslong splintering of the league's partnership with China. 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. The revenue of 30 NBA teams in 2021 stands at $6.41 billion. Jul 13, 2022, 8:00am PDT NBA revenue hits a record $10 billion Pocket Flipboard NBA Commissioner Adam Silver discussed several items affecting the league. NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. Brooklyn Nets had 5 seasons with negative income, most in the league during this period. Please do not hesitate to contact me. From ticket sales, the NBA earns $1.2 million per regular-season game or $1.476 billion from 1,230 games and $2 million per playoff game or $$166 million from 83 games. Exchange rate of 1 USD to 0.95 EUR used for June 2022, date of original publishing. The new deal, which would start in 2025, could be worth over $75 billion total, and over $8 billion annually, according to Jabari Young of CNBC. Statista. The average team value crept up to $2.2 billion, from $2.1 billion last year, a 4% increase even though it was a pandemic. The average salary of an NBA point guard in the 2020-21 season is $11.01 million. Although players who aren't vaccinated can still play in road games, the Nets didn't want to risk team continuity. During the 201617 season cited in this table, the Super League included. Mapped: Which Countries Have the Highest Inflation? NBA players from 8 different colleges earned over $1 billion in total from 1991 to 2022. This is a 19% drop from the season before ($264 million). Since 2017, the NBA started generating $2.7 billion annually from this deal. This is the largest increase in NBA debt over the last 4 years. As soon as this statistic is updated, you will immediately be notified via e-mail. Read our list of the best NBA betting sites and sportsbooks in 2022. Ligue 1. The largest salary drop was in the 2014-15 season, going down by 12% from $5.06 in 2013-14 million to $4.45 million. Heres a look at team profitability since 2011, according to Forbes: Despite years of momentum, the NBA was not immune to the impacts of COVID-19 last year. The NBA is celebrating 75 years in business, and the next few will be pivotal for Silver's league. Businesses in Gurgaon and Faridabad are required to file their ITR irrespective of whether they have made profits or incurred losses during the financial year. The losses range from $224 million for the Grizzlies to an eye-popping $472 million for the Knicks. Which Countries are Buying Russian Fossil Fuels? All Rights Reserved. Revenue from advertising on league jersey patches should increase as teams secure new agreements. Despite a decrease in NBA profit per team last year, team values are up 4%from $2.1 billion in 2020 to $2.2 billion this year. The league is currently under the largest media contract in the league's history. That puts it as one of the most successful businesses in the world. The biggest increase in average salary in the NBA occurred in the 2016-17 season when it jumped $4.85 million to $5.97 million, which presents a 23% jump. Timeline: Cannabis Legislation in the U.S. Visualizing the Relationship Between Cancer and Lifespan, Visualizing How COVID-19 Antiviral Pills and Vaccines Work at the Cellular Level. MEXICO CITY (AP) Mexican prosecutors said Friday they have arrested three more officials of the country's immigration agency for a fire at a detention center last month that killed 40 migrants. The league also announced that basketball-related income reached US$8.9. Oregon State students are second with 12.2%, followed by Wake Forest (11.2%). The largest revenue increase was 26%, in the 2916/17 season. The league, which gained more sponsors than it lost despite the turbulent pandemic-hit year, inked 13 new deals during the 72-game 2020/21 season. During the 90s, annual growth of the average NBA salary never dropped below 10%, peaking at 21% in 1995-96. The NBA revenue dropped 10% in 2020 as a consequence of the Coronavirus outbreak. Sum of all individual revenue figures for the 30 teams in the NBA. On 15 occasions, the salary of an NBA player went over $40 million in a season, and 84 times it went over $30 million. Includes IPOs on the NYSE American, NYSE, and Nasdaq Stock Market with an offer price of at least $5.00. The average NBA team generated $1.76 million in tickets sales in 2021. Then you can access your favorite statistics via the star in the header. Silver says the NBA is projecting $10 billion in revenue this season, a notable bump from the last two seasons where fan attendance was limited or non-existent. Read our list of the best online sportsbooks. The median salary in the NBA currently presents 49% of the average NBA salary. In 2021, NBA small forwards were making $7.13 million on average, which presents a 3% increase from the previous year. 4- National Hockey League The NHL, founded in 1917, is the second-oldest major professional team. Since 2019, the Los Angeles Lakers also started to generate $20 per year from the jersey patch deals. If you are an admin, please authenticate by logging in again. Houston Rockets have a 20-year, $1.37 billion deal that nets them $66.7 million per year. Are you interested in testing our business solutions? Since the cited 201617 season, the KHL lost its Finnish, Latvian, Croatian Ukrainian and Slovakian teams. NBA shooting guards have been the lowest-paid players in the NBA for 8 consecutive seasons. The bench features elite defenders, as well as shooters. The most important key figures provide you with a compact summary of the topic of "National Basketball Association (NBA)" and take you straight to the corresponding statistics. Garrett Ellwood | National Basketball Association | Getty Images, Kyrie Irving could miss home games if he doesn't get Covid vaccine. The index in this case is the CRSP value-weighted index, which includes NYSE American, NYSE, and Nasdaq stocks. NBA total league revenue 10.02bn USD Detailed statistics Total revenue of the National Basketball Association 2001-2022 Average operating income per franchise in the NBA 90.8m USD. 2020/21 season projections indicate that the league could face a 40% drop in revenue due to empty arenas. Most NBA players have college experience prior to entering the league. Exchange rate of 0.8782 per $1 for 201819 season used here. That is an increase of 50% from sponsorship revenue in the 2020-21 season. The Link Between Entrepreneurship and Mental Health Conditions, Mapped: The Worlds Happiest Countries in 2023, Investing in the Beautiful Game of Football, Because of the global pandemic, NBA teams missed out on approximately 20% of their regular-season home games in 2019-20, Despite this, average team profits in 2020 fell by less than, Dual-class structures give executives greater voting rights over public shareholders, U.S. tech companies have increasingly adopted this structure since the mid 2010s. Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Research expert covering sports and video gaming, Profit from additional features with an Employee Account. For a detailed breakdown of the NBAs highest-paid players, we prepared a separate analysis which is available here. It can happen. On Tuesday, the NBA will see if any one of its games will surpass 3.5 million viewers. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. As a result, the WNBA does not generate revenue. But while it repairs its affairs in China, the NBA is targeting India and its growing middle-class. - ET BrandEquity", "Betaald voetbalclubs presenteren 'Seizoen in Cijfers 2014/15', "Breaking the code; A Financial comparison of Rugby Union and Rugby League in England", "Opinion | Mark Cuban Is Wrong About Why WNBA Pay Is So Low", "Pro14 will become the best club competition in the world soon, insists chief executive Martin Anayi", "Beisbol: negocio millonario o deporte en agona? Looking through the salary cap, Michael Jordan is the highest-paid NBA player ever. His absence is an unwelcome distraction, though. That was the leagues target goal. The New York Knicks are second ($6.1 billion . The last League One season to date that featured a Welsh side was 200708. This marks a significant increase on the figure from the 2020/21 season, which stood at. In a story about the succession plan in New Orleans to keep the . Clicking on the following button will update the content below. Are new versions of running shoes even better? The National Basketball Association reached a new nine-year, $24 billion television and media rights deal with ESPN and TNT, ESPN and Turner Sports announced Monday. This presents a $400 million per year revenue. In the case of Coinbase, a separate class of shares reserved for founders and insiders has 20 times the voting power of regular, publicly available shares. From 18 to 27 years of age, NBA players make 5.3% of the salary cap on average. NBA Commissioner Adam Silver speaks to the media prior to the game of the Milwaukee Bucks against the Phoenix Suns in Game One of the 2021 NBA Finals on July 6, 2021 at Phoenix Suns Arena in Phoenix, Arizona. (These executives spoke to CNBC on condition of remaining anonymous as they aren't allowed to comment on team affairs.). Available: https://www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/, National Basketball Association total league revenue from 2001/02 to 2021/22, Immediate access to statistics, forecasts & reports, Average franchise value in major U.S. sports leagues 2007-2022, Average franchise value of National Basketball Association teams 2001-2022, Total revenue of the National Basketball Association 2001-2022, Teams of the NBA ranked by revenue 2021/22, NBA league & teams sponsorship revenue 2010-2022, Average operating income of National Basketball Association teams 2001-2022, Operating income of National Basketball Association franchises in 2022, NBA Finals TV viewership in the U.S. 2000-2022, NBA Finals TV ratings in the U.S. 2002-2022, Average U.S. TV ratings of NBA Finals 2022, Average viewers of the NBA Finals in the U.S. 2022, Total attendance at National Basketball Association regular season games 2006-2022, NBA regular season home attendance by team 2021/22, Average per game attendance in the NBA from 2005-2022, NBA regular season average home attendance by team 2021/22, Construction costs of NBA stadiums/arenas built since 2000, Federal subsidy to NBA stadiums built since 2002, NBA interest level in the U.S. 2023, by ethnicity, National Basketball Association (NBA) interest levels worldwide 2021, NBA number of Facebook fans/Twitter followers 2012-2023, National Basketball Association salary cap 2012-2023, Minimum player salary per year in NBA 2017-2024, Average player expenses of National Basketball Association teams 2001-2022, Player expenses in the NBA by team in 2022, National Basketball Association highest-paid players in salaries & endorsements 2023, National Basketball Association all-time rebounding leaders 1946-2022, National Basketball Association all-time minutes leaders 1946-2022, Regular season attendance WNBA games 2022, Average ticket price in the NBA by team 2015/16, Beer prices at NBA games by team 20154/16 season, National Basketball Association: price of a hot dog at games by team 2015/16 season, Fan Cost Index of NBA teams 2015/16 season, Average league-wide Fan Cost Index of the NBA 2022, National Basketball Association: price for a soft drink at games by team 2015/16, National Basketball Association: average concession stand prices 2011-2016, NBA - venue and stadium renovation / construction costs 1989-2009, First round NBA playoffs ticket prices by team 2014, Top 10 most valuable NBA teams - brand value 2012, African American representation in the NBA in 2022, Share of NBA's international players 2010-2020, Days women with children spend traveling compared to those without in the U.S. 2014, United States: Survey on effects of overusing antibiotics 2014, Mexico: container ports 2019, by cargo throughput, Export value from Taiwan to the U.S. 2011-2021, Responsibility for purchases of everyday goods in the U.S. 2019, National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. With this deal, the NBA increased its annual broadcasting revenue to $930 million per year. "NBA teams keep 75% of their playoff ticket revenue, a higher share than NHL (65%), MLB (~55%), and NFL (0%) Last year's Warriors title run of 12 home playoff games grossed >$100M in tickets (before the league took its cut)" Nippon Professional Baseball. Our goal was to investigate which colleges produce the highest-paid NBA players. Commissioner Adam Silver says the NBA is projecting $10 billion in revenue this season, a notable bump from the last two seasons where fan attendance was limited or non-existent. The NBA topped $10 billion in annual revenue for the first time ever in the 2021-22 season. The NBA opens with the defending champion Milwaukee Bucks playing the Brooklyn Nets on TNT on Tuesday. 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 March 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.