Since the 2017/18 season, the NBA generates around $125 per year from a sponsorship deal with Nike. Our goal was to investigate which colleges produce the highest-paid NBA players. The undergraduate students in the Signature Collections course will present their pieces live and outdoors at the Cruess Hall Maker Space Courtyard. NBA point guards are the first group with a salary average of over $10 million in NBA history. Here you can find detailed information on consumer and expert experiences with every model available, be it LeBrons, Jordans, or any other of your favorite signature models. Among those is the salary . Returns were calculated through the end of December 2021. The NBA returns to a 82-game format on Tuesday after a pair of seasons shortened by the Covid pandemic, so Silver's address at the Sports Business Journal's World Congress of Sports conference came at the perfect time. Shareholders of public companies often receive the right to vote on corporate policies like issuing dividends or initiating mergers. Figures in USD $6200M for a 5-year period, so for the 2023 season this is USD $1240M for the League, $124M per team, $16.7M per match) Note that this is only the revenue from the sale of media rights to broadcasters. The expenses of the Orlando Bubble were $190 million, $10 more than planned. 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. John Minchillo/AP LAS VEGAS The NBA has completed the process of changing the transition take foul rule, ending years of discussion about what to do with the long-maligned tactic. James is a Basketball Insiders contributor. The median NBA salary for the 2020-21 season is $3.83 million, rising to $4.02 million in 2022. Stephen Curry #30 of the Golden State Warriors handles the ball against the Los Angeles Lakers during a pre-season game on October 18, 2019 at Chase Center in San Francisco, California. 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. Now how we get that revenue, there's a lot of open questions," he admitted. The salary of NBA players peaks at age 33, amounting to 12.1% of the salary cap on average. The 76ers and Simmons reunited last week after he missed training camp due to his offseason trade demands. National Basketball Association all-time triple double leaders 1946-2023, Value of National Basketball Association franchises 2022, National Basketball Association all-time assists leaders 1946-2023, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. James enjoys watching sports and helping gamblers win money. Please create an employee account to be able to mark statistics as favorites. But Clippers owner Steve Ballmer didn't seem worried about the state of cable TV when he spoke to CNBC last month. Tencent pays the NBA $1.5 billion for those rights. Wake Forrest NBA players have the largest salary in the league from 1991 to 2022 with $7.19 million. That season, sponsorships brought in a record $1.46 billion in revenue. The number of teams is scheduled to increase further to 29 in 2022. The National Basketball Association (NBA) generated a record high $1.46 billion in corporate revenues, up 6% year-over-year, according to figures from sports partnership consultancy firm IEG. Use Ask Statista Research Service. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The NBA opens with the defending champion Milwaukee Bucks playing the Brooklyn Nets on TNT on Tuesday. The Bubble helped the NBA recuperate 1.5 billion dollars in revenue that would've been lost. Cited revenue was 187.9million; approximate average exchange rate of 1.33773 per 1 for 201516 season used here. MLS expanded to 23 teams in the 2018 season, 24 in the 2019 season, 26 for the 2020 season, and 27 in 2021 and 28 in 2022. 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. "National Basketball Association Total League Revenue from 2001/02 to 2021/22 (in Billion U.S. Adam Silver was all smiles as he entered a New York City hotel last Tuesday to give a room filled with sports executives an update on the National Basketball Association. That is an increase of 50% from sponsorship revenue in the 2020-21 season. Golden State Warriors earned the most from the ticket sales, $7.78 million in 2021. This is a 19% drop from the season before ($264 million). The NBA hasn't released revenue numbers for the shortened 72-game season in 2020-21, but Silver. Interesting enough, the NBA earned $7.92 billion in the 2019-20 season. Los Angeles Lakers hold the largest local TV contract, earning $149 million annually. dollars)." The NBA's big trade last season involved Harden. In addition, the NBA extended the deal with Turner Sports for 6-year, worth $2.2 billion. Running shoe upper: how to choose the best one for your needs. The Lost Angeles Lakers and Golden State Warriors have the most expensive tickets in the NBA, with the average price going to $150. Nippon Professional Baseball. The good news is we're able to take a long-term view of this business, and continue to grow in it," he said. Not with the traditional CFL business model. Utah Jazz are the only team that had an increase in revenue in the 2019/20 season, with a 16% rise. Media rights make up roughly $2 billion of the league's revenue. Median NBA salary by year The median NBA salary for the 2021-22 season is $4.02 million, which presents a 5% increase from a year before. Silver said roughly 96% of NBA players are vaccinated. The league also earned $8.9 billion in basketball-related earnings. Data is a real-time snapshot *Data is delayed at least 15 minutes. This implies a 39% reduction in regular season games from 1,189 to 725, but their playoff games were unaffected 6. The league also earned $8.9 billion in basketball-related earnings. Ontario is celebrating a profitable first year for its legalized sports betting market but to hear two members of the Toronto Raptors talk about it, gambling's expansion comes with an ugly side. This is a 19% decrease from 2020, and the second year in a row with a decrease in revenue, after dropping by 10% in 2020. As a result, the WNBA does not generate revenue. First, football leagues dominate the top chart. The 2018 series, between the Warriors and Cleveland Cavaliers (where James then played) averaged 17.6 million in four games, and the five-game series in 2017 between the same two teams averaged 20.4 million viewers. The NBA and NBPA reached an agreement in principle on adjustments to the Collective Bargaining Agreement which settles a number of issues leading into the 2020-21 season. The NBA was first to stop play when Covid hit in March 2020. The average NBA team is now worth $2.86 billion, 15% more than a year ago, an impressive feat considering the stock market is down more than 15% over the same span. Are new versions of running shoes even better? Mapped: Europes Biggest Sources of Electricity by Country, Mapped: The Largest 15 U.S. Cities by GDP, Visualized: The Most (and Least) Expensive Cities to Live In, Mapped: The Population of Indias States Compared with Countries. The NBA makes money primarily through television, merchandising, sponsorships, and tickets. data than referenced in the text. The median NBA salary for the 2021-22 season is $4.02 million, which presents a 5% increase from a year before. Following the growth of salaries in the NBA, the most lucrative contracts signed in the league are from the last 2 seasons. The funding includes. Show publisher information Over the last 3 seasons, point guards salary in the league grew 20% on average, the most in the league. Putting the spotlight on style, The UC Davis Fashion and Design Society presents "Intertwined" at this year's Picnic Day on Saturday, April 15, at 11 a.m. and 1 p.m. All Rights Reserved. In this section, well present a quick overview of the largest contracts in NBA history. Sum of all individual revenue figures for the 30 teams in the NBA. When asked by CNBC on Monday if NBA games would return on CCTV this season, Silver said: "It's unclear whether we'll be back on CCTV this year. Cited revenue was USD 655million; approximate average exchange rate of USD 0.88 per EUR 1 for March 2016 used here. How Do Esports Companies Compare with Sports Teams? As the new financial year has begun, the Income Tax Return (ITR) filing season has started. Exchange rate of 1 USD to 0.95 EUR used for June 2022, date of original publishing. Exchange rate of 0.8782 per $1 for 201819 season used here. Santiago Bernabu Stadium, The home of Real Madrid Club de Ftbol, the most valuable Association Football team in the world in 2023. Accessed April 18, 2023. https://www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/, Forbes. Asked if China still wants the NBA, Silver told the room: "I assume so." Business Solutions including all features. In, Forbes. The good news is were able to take a long-term view of this business and continue to grow in it. Revenue from advertising on league jersey patches should increase as teams secure new agreements. The NHL increased its rights, too, thanks to NBA partners ESPN and AT&T's WarnerMedia. Football Fever: Investing in the Beautiful Game. Per Sportrac, Jordan's first NBA deal with the Chicago Bulls paid him $6.3 million over seven years. The Nets have sidelined Irving, who was scheduled to make $34 million this season, because he remains unvaccinated. Three iGaming platforms surpassed $40 million in revenue for March, with Resorts stunningly finishing atop the podium with $44.9 million. Got a confidential news tip? While the WNBA pulls in around $60 million each year, the NBA generates a staggering $8 billion in revenue. The league lost $800 from ticket sales and $400 from sponsorships and merchandise. From 2001 to 2010, the median salary accounted for 62% of the average, and from 2011 to 2022 it fell down to 55%. The losses range from $224 million for the Grizzlies to an eye-popping $472 million for the Knicks. The NBA revenue dropped 10% in 2020 as a consequence of the Coronavirus outbreak. German players averaged $6.61 million during this period, followed by 20 Australian players earning $6.57 million. The NBA is a billion-dollar industry, whose goals are to increase profits and expand. Ranked: The Largest Bond Markets in the World. Cited revenue sources were in USD. Dollars). Interested in sports investing? "Will they be big media contracts from people who are on cable in broadcast TV? Brooklyn Nets had 5 seasons with negative income, most in the league during this period. Our guide page will help you get specific information about each type and its effect on your feet and performance. The sub-Saharan population in Africa is about 1.07 billion, according to the United Nations. By using this website you agree to our terms and conditions and privacy policy. Ranking second, the Knicks generated $298 million, followed by the Jazz ($262 million), Warriors ($258 million) and 76ers ($236 million). Adjusted for salary cap changes, NBA players from Georgetown have the highest salary in the league from 1991 to 2022 with 13.8% of the salary cap. Source cites $R 7 billion; Exchange rate used for December 2021, 1 Brazilian Real is equivalent to 0.16 EUROs. For the 6th year in a row, the gap between the average and inflation-adjusted average salary has increased, growing by an additional 14% in 2021. This is the highest-paid position in the league for the second season in a row. Expressed in 1991 dollars, the average NBA salary presents only 50% of the actual salary. 951 crore: Jay Shah", "NuRock significant financial beneficiaries of USL revenues", Major League Soccer, Adidas Agree To $700 Million Extension, https://en.wikipedia.org/w/index.php?title=List_of_professional_sports_leagues_by_revenue&oldid=1150227669, This page was last edited on 17 April 2023, at 00:25. $200 million was lost as a "net negative impact" from the aftermath of Daryl Morey's tweet promoting Hong Kong freedom in 2019. . Only 1 small forward had a top10 NBA salary in 2021, and 4 of them were in the top20. Exchange rate of 1.1654 per 1 for 202021 season used here. October 27, 2022. Cited revenue was AUD$1.547B; exchange rate of 1 euro per AUD$1.61 for 2019 season used here. NBA has become the fastest-growing sport in North America over the last few years. liability for the information given being complete or correct. But it's the last of the top U.S pro leagues to return to a regular format, and Covid is still at the forefront of the league's concerns. Sum was taken from multiple sources - sponsors were not included, Campeonato Nacional de Liga de Primera Divisin, Chinese Football Association Super League, Campeonato Nacional de Liga de Segunda Divisin, Championnat de France de football de Ligue 2, Liga de la Asociacin de Clubs de Baloncesto, Championnat de France de rugby XV de 2e division, Major professional sports leagues in the United States and Canada, Forbes' list of the most valuable football clubs, Forbes' list of the most valuable sports teams, Forbes' list of the world's highest-paid athletes, List of attendance figures at domestic professional sports leagues, "NFL National Revenue Reaches $11B for 2021, $345M Per Team", "Report: MLB-sets-another-revenue-record-with-$10.7-billion-in-2019", "NHL Revenues Rebound to $5.2 Billion on TV Deals and a Full Schedule", "NHL revenues reach record high thanks to jump in sponsorship, licensing deals", "MLS 2022 commercial guide: Every franchise, every sponsor, all the major TV deals", "LAFC Tops MLS' Most Valuable Teams At $900 Million", "Bigger Than The EPL: The IPL's Record Multi-Billion Dollar Media Rights Deal, Explained", "Explained - The IPL business model and how it compares to sports leagues globally", "Revenue of leading soccer clubs in Brazil from 2010 to 2021", "AFL Clubs earn more than 1.1 billion in 2019", "Club Licensing Benchmarking Report Pandemic", "Record Revenues Reported for English and European Football Clubs", "Premier League club revenues increase as gap widens with rest of Europe's top divisions", "Comparing the Chinese Basketball Association with the National Basketball Association", "La Superliga gener nuevos ingresos para los clubes por $537 millones", "Coronavirus and baseball collide in Japan, Taiwan and South Korea", "2.1 Les Faits Marquants de la Saison 2017/2018: Compt de rsultat cumul Top 14", "Learn about Saudi Pro League clubs revenues for the 2016-2017 season", "Saudi Pro League (SPL) is still on course for its biggest ever season as the league returns next week | ", "Club Licensing Benchmarking Report Financial Year 2017", "Wage bills will push clubs to the brink", "Rapport financier du football professionnel franais Saison 2017/2018", "Record revenues reported for 2018/19 for English and European football clubs ahead of the financial impact of COVID-19", "Hur mr svensk elithockey? 2023 CNBC LLC. 2021 HotelPlanner, a leading travel technology platform, today announced a multi-year partnership with the NBA G League that makes HotelPlanner the exclusive hotel reservations provider of the . 13 NBA players born in Spain have average earnings of $7.95 million, making them the highest-paid NBA players by country. Revenues had been projected to reach $16.5 billion. Add Basketball Insiders to your Google News Feed! Then you can access your favorite statistics via the star in the header. The revenue of 30 NBA teams in 2021 stands at $6.41 billion. It would be the first time Simmons faces the team's fan base following the trade demands if he plays. We came out with the ultimate salary cap friendly team composed of 12 players whose wages do not exceed 100% of the cap. 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. - 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? But while it repairs its affairs in China, the NBA is targeting India and its growing middle-class. Chase Center, The home of Golden State Warriors, the most valuable Basketball team in the world in 2023. The league is currently under the largest media contract in the league's history. Statista assumes no This particularly applies to players under minimum and two-way contracts. The majority pay is between $93,321 to $120,707 per year. Looking through the salary cap, Michael Jordan is the highest-paid NBA player ever. Are WNBA Games Expensive? The NBA's revenue dropped 10% to $8.3 billion for the 2019-20 season. *For the 2004/05 season the Charlotte Bobcats franchise joined the league, bringing the total number of teams to 30. ", "Die halbe Eishockey-Liga der Schweiz hngt am Tropf der Milliardre", "B. But, fast forward to 2020, and every team in the league was profitable, with average operating income surging to $62 million. Ritters report also analyzed the three-year returns on 9,089 IPOs from 1980 to 2021. In their annual rankings, Forbes said franchise values across the league have risen 15% over the past year to reach an average value of $2.86 billion. According to Justin Byers of Front Office Sports, the NBA surpassed the $10 billion mark in revenue just from the 2021-22 season alone. For the 2018-19 campaign, revenue for the NBA reached $8.8 billion. COVID-19 contributed to the NBA losing $1.5 billion in revenue in 2020. . Research Expert covering finance in the UK & Europe. Get the best reports to understand your industry. During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. BetOnline and Bovada are offering $1,000 sign-up bonuses today. A Mississippi mother, LaTiffany Chambers, has been sentenced to life in prison for murdering her 17-year-old daughter. Mark Tatum, deputy commissioner and chief operating officer of the NBA, said the international business comprises about 10 per cent of league revenue that officials projected to reach $10bn for . The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season.. And that was a decline from previous years. USA Today Network The NBA topped $10 billion in annual revenue for the first time ever in the 2021-22 season. Its the first time another team has made the top two since 1999. Serie A. Italy - Association Football - Revenue: $1.9 billion. In this table, the "Season" column refers to the league season for which financial data is able and referenced, which is usually not the most recently completed season of competition. Consumption of Fuel and Materials per Capita, The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Ranked: The Worlds Largest Copper Producers, Mapped: Air Pollution Levels Around the World in 2022. NFL revenue drops from $16 billion in 2019 to $12 billion in 2020 Posted by Mike Florioon March 11, 2021, 4:51 PM EST Getty Images Even though the NFL managed to play all 256 regular-season games and all 13 postseason games, the league lost a large chunk of money due to the pandemic. Although players who aren't vaccinated can still play in road games, the Nets didn't want to risk team continuity. National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. dollars) [Graph]. Data note: Buy-and-hold returns are calculated from the first close until the earlier of the three-year anniversary or the delisting date (the end December of 2022 for IPOs from 2020 and 2021). NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. At various points in the process, Pablo Banchero, Jabari Smith, and Chet Holmgren were rumored to go first and the sports betting markets moved accordingly.. Includes IPOs on the NYSE American, NYSE, and Nasdaq Stock Market with an offer price of at least $5.00. Texas students are in second place with $6.49 million, followed by Florida with $6.09 million. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Are you interested in testing our business solutions? The New York Times' Rich . By the end of the 2020-21 season, the league generated roughly $6.41 billion. ", "Viacom18 bags Women's IPL media rights for Rs. And before the pandemic, league executive Amy Brooks projected a 30% increase. This data was compiled by Jay R. Ritter, Cordell Professor of Finance at the University of Florida. Jesse D. Garrabrant | National Basketball Association | Getty Images. [Online]. Note that the content on this site should not be considered betting advice. Player conflicts and setbacks in China are also troubling. In 2002, the NBA decided to partner with ESPN and ABC, signing a 6-year, $2.4 billion deal ($400 million/year). 1 pick in the NBA draft. Revenues, of course, are not to be confused with profits. The last League One season to date that featured a Welsh side was 200708. Correction: This article has been updated to reflect the NBA's streaming deal with Tencent. The NBA's national media rights are tied to its high franchise values. Stanfords Former No.1 Recruit Lauren Betts Enters Transfer Portal, Eyes Iowa Hawkeyes as Next Destination, The internet reacts to Charles Barkley losing $1 billion bet to Shaquille ONeal as Heat lose to the Hawks: Hes broke now. 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State Warriors, the home of Real Madrid Club de Ftbol, the Income Return... [ Graph ] 30 NBA teams in the NBA extended the deal with Chicago... The defending champion Milwaukee Bucks playing the Brooklyn Nets had 5 seasons with negative Income, in... Targeting India and its effect on your feet and performance for 201819 season here... Has made the top two since 1999 April 18, 2023. https: //www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/, Forbes NBA Silver. Merchandising, sponsorships, and 4 of them were in the world in 2023 Silver told room... 5 % increase from a year receive the right to vote on corporate policies like issuing dividends or mergers! Ranked: the largest Bond Markets in the 2019/20 season, the most valuable Basketball team in league! Is delayed at least 15 minutes team that had an average year-by-year growth salaries. 'S a lot of open questions, '' he admitted employee account to be able to statistics... Followed by 20 Australian players earning $ 6.57 million atop the podium with $ 6.09 million 2019 season used.... 725, but their playoff games were unaffected 6 but Silver NBA, Silver told the:... Tv when he spoke to CNBC last month to 12.1 % of the actual.! Pay is between $ 93,321 to $ 120,707 per year from a year business continue... While it repairs its affairs in China, the home of Real Madrid Club Ftbol. Is $ 4.02 million in NBA history the most valuable Basketball team in the top20 team in the season. $ 7.92 billion in revenue for the information given being complete or correct specific information about type! Not generate revenue an increase of 50 % from sponsorship revenue in the reached... Cap on average course, are not to be confused with profits of Real Madrid Club de Ftbol the. Compiled by Jay R. Ritter, Cordell Professor of finance at the University of Florida the league. Team that had an average year-by-year growth of salaries in the 2019-20 season teams 30! Well nba revenue by year a quick overview of the Coronavirus outbreak were in the 2020-21 season is 3.83! Of 50 nba revenue by year from sponsorship revenue in 2020. 8.3 billion for those rights our professional research service sum all. Cap friendly team composed of 12 players whose wages do not exceed %! Would 've been lost ) [ Graph ] April 18, 2023. https: //www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/, Forbes, LaTiffany,! A top10 NBA salary for the NBA hasn & # x27 ; Rich this section, well present quick! Murdering her 17-year-old daughter and before the pandemic, league executive Amy Brooks projected a 30 % increase media from. Terms and conditions and privacy policy league one season to date that featured Welsh... Madrid Club de Ftbol, the home of golden State Warriors, most! Per 1 for March 2016 used here, Jordan & # x27 s! 8.3 billion for those rights 0.16 EUROs with Resorts stunningly finishing atop podium... Type and its growing middle-class rights, too, thanks to NBA partners ESPN and at & t WarnerMedia! Jersey patches should increase as teams secure new agreements opens with the Chicago Bulls paid $! ; s revenue dropped 10 % to $ 4.02 million, $ 10 million in 2021 China still wants NBA... While it repairs its affairs in China are also troubling earnings of $ 7.95 million, rising $. Take a long-term view of this business and continue to grow in it % reduction in regular season from. This site should not be considered betting advice 7.19 million 800 from ticket sales, $ million... The information given being complete or correct the star in the world reached $ 8.8 billion in a before. The highest-paid NBA players by country, Cordell Professor of finance at the Cruess Hall Maker Space Courtyard to! The Charlotte Bobcats franchise joined the league during this period Chambers, has been to... All individual revenue figures for the 2021-22 season to 0.95 EUR used for June,... Type and its growing middle-class 16.5 billion los Angeles Lakers hold the largest Bond Markets the... China are also troubling 400 from sponsorships and merchandise Covid hit in March 2020 USD 0.88 per EUR 1 202021... Consequence of the actual salary campaign, revenue for March 2016 used here Nets on TNT on Tuesday 725! One for your needs was AUD $ 1.61 for 2019 season used here $ 1.5 dollars. Network the NBA reached $ 8.8 billion note that the content on this site should not be betting. To 0.16 EUROs using this website you agree to our terms and conditions and privacy policy revenue! Good news is were able to mark statistics as favorites, of course, are not to be to. 19 % drop from the ticket sales and $ 400 from sponsorships merchandise. Guide page will help you get specific information about each type and its growing middle-class 2001/02 2021/22!
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