nba revenue by year

The average revenue of an NBA franchise was $213.5 million in the 2020/21 season. The Bubble helped the NBA recuperate 1.5 billion dollars in revenue that would've been lost. But, fast forward to 2020, and every team in the league was profitable, with average operating income surging to $62 million. NBA star Shawn Kemp charged in parking lot shooting. to incorporate the statistic into your presentation at any time. Despite the pandemic losses and challenges that await, Silver got the league to its 75th anniversary. Centers are the only position that faced a decrease in average salary from the 2019-20 season. The last 50 years have been among the most dynamic and exciting in the league's history. His absence is an unwelcome distraction, though. Are you interested in testing our business solutions? The average ticket price in the NBA was $78.7 for the 2020/21 season. When it came to the NBA's international business, Silver walked a very safe line. However, thanks to hefty TV contracts and player salary cuts, average operating income only fell by 11.4%, from $70 million to $62 million. NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. Houston Rockets have a 20-year, $1.37 billion deal that nets them $66.7 million per year. 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. 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. James enjoys watching sports and helping gamblers win money. Changes in the way the game is played led to the redistribution of salaries among different positions in the NBA. The good news is we're able to take a long-term view of this business, and continue to grow in it," he said. China still hasn't fully re-opened its marketplace to the NBA after Philadelphia 76ers top executive Daryl Morey commented on geopolitical affairs. "We lost significant amounts of money. After arena debt service,. Due to league expansion and contraction, does not necessarily match the number of current teams. ", "Viacom18 bags Women's IPL media rights for Rs. Cited revenue was 187.9million; approximate average exchange rate of 1.33773 per 1 for 201516 season used here. The average salary of an NBA shooting guard stands at $6.50 million in the 2020-21 season, increasing 7% from the previous year. Through his effective leadership, he and his teams were awarded a Sports . Before the 2021-22 season, Silver told the press, We lost significant amounts of money. How Much Does Big Tech Make Every Minute? 18 out of 30 NBA franchises had at least one negative income season since 2011. James Harden #13 of the Brooklyn Nets dribbles the ball against Georges Niang #20 of the Philadelphia 76ers in the second half at the Wells Fargo Center on October 11, 2021 in Philadelphia, Pennsylvania. The NBA opens with the defending champion Milwaukee Bucks playing the Brooklyn Nets on TNT on Tuesday. Is Jalen Brunson playing tonight (Apr. Exchange rate of 1.1654 per 1 for 202021 season used here. They took over the no1 from the centers, who dominated for 6 straight years prior to the 2019-20 season. Asked if China still wants the NBA, Silver told the room: "I assume so." NBA centers earned $7.82 on average in 2021, dropping by 15% from the previous season. In 2011, 22 of the 30 teams were losing money, and the average operating income per team sat at $6 million. That puts it as one of the most successful businesses in the world. Only 2 out of 20 highest-paid players in the league in 2021 were shooting guards. Then you might enjoy this article Investing in the Beautiful Game of Football. Here's a look at the top five most valuable teams in 2021: The Knicks took the top spot for the sixth consecutive year, but the Lakers lost their long-standing second place ranking to the Warriors. ", "Die halbe Eishockey-Liga der Schweiz hngt am Tropf der Milliardre", "B. ", Ballmer continued, "Will there be some direct-to-consumer offer by the league, which is certainly a possibility? Even as late as draft day, the odds shifted dramatically, culminating in ESPN insider Adrian Wojnarowski dropping a patented "Woj bomb . On Tuesday, the NBA will see if any one of its games will surpass 3.5 million viewers. As a Premium user you get access to the detailed source references and background information about this statistic. Dallas Mavericks local deal generates them $20 million in revenue. 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. Silver also warned the cable TV business model could break as cord-cutting increases. The kip is made up of 100 att, and is often presented with the symbol (__). Taking salary cap change into consideration, German players have been the highest-paid in the NBA over the last 32 seasons, making 12.6% of the cap on average. The Lost Angeles Lakers and Golden State Warriors have the most expensive tickets in the NBA, with the average price going to $150. Visit Salary.com to find out thunder.nba.com salary, thunder.nba.com pay rate, and more. 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. 1 pick in the NBA draft. During the 90s, median NBA salary presented 74% of the average salary, peaking at 84% in the 1993-94 season. In 2021, NBA small forwards were making $7.13 million on average, which presents a 3% increase from the previous year. Are new versions of running shoes even better? ", Forbes, National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/ (last visited April 18, 2023), National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. dollars) [Graph], Forbes, October 27, 2022. The NBA was first to stop play when Covid hit in March 2020. 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. Not to mention, the NBA earned $1.4 billion in sponsorship revenue. And the league launched its Africa business that's estimated to bring in $1 billion. In a story about the succession plan in New Orleans to keep the . For our recommendations, check out our breakdown of 10 best basketball shoes for 2021. Hence, Nets owner Joe Tsai had no problem giving up the assets. 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. In 2007, the NBA extended its deal with ESPN, ABC, and Turner Sports, worth $7.4 billion over 8 years. BetOnline and Bovada are offering $1,000 sign-up bonuses today. By team, the NBA annual revenue data for 2022 has not yet been released. The average growth dropped to 3% from 2002 to 2012 and rose to 7% from 2012 to 2022. The average ticket price for any WNBA game sits right around $17. National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. dollars) [Graph]. IEG . 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. Cited revenue was USD 655million; approximate average exchange rate of USD 0.88 per EUR 1 for March 2016 used here. That was up 32% from the 2020 NBA bubble Finals featuring the Lakers and Miami Heat, which averaged 7.5 million viewers. Feel free to check out the top sportsbooks for NBA betting below. You only have access to basic statistics. In both categories (tech or non-tech), IPOs with dual-class voting structures outperformed over the three year period. 2020/21 season was fourth in a row with sponsorship revenue exceeding $1 billion in a year. It has turned an average $10 million net loss (revenue costs) per year, since its inception in 1996. Ligue 1. If Morey tries to stick with a similar formula for Simmons, it could be hard for the 76ers to find a taker. 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. 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. The revenue of 30 NBA teams in 2021 stands at $6.41 billion. The undergraduate students in the Signature Collections course will present their pieces live and outdoors at the Cruess Hall Maker Space Courtyard. This season, the league's salary cap is a whopping $112.4 million, with the average annual player salary checking in right around $7.5 million. $200 million was lost as a "net negative impact" from the aftermath of Daryl Morey's tweet promoting Hong Kong freedom in 2019. The NBA has a licensing deal with Dapper Labs for its NFTs of video highlights. We decided to analyze all of the players salaries, along with their stats and accomplishments from a given season. Revenue from advertising on league jersey patches should increase as teams secure new agreements. Seventy-five years ago, the NBA salary cap was $55,000, and each player earned, on average, between $4,000-$5,000, save for a few notable exceptions. This presents a $400 million per year revenue. 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? Are you interested in testing our business solutions? The NBA's revenue dropped 10% to $8.3 billion for the 2019-20 season amid losses because of the coronavirus pandemic, according to financial numbers shared with teams and obtained by ESPN. Here's what's happening with the business in this milestone season. The sub-Saharan population in Africa is about 1.07 billion, according to the United Nations. NBA G League's estimated annual revenue is currently $200.9M per year. Ben Simmons #25 of the Philadelphia 76ers handles the ball against the Atlanta Hawks during Round 2, Game 7 of the Eastern Conference Playoffs on June 20, 2021 at Wells Fargo Center in Philadelphia, Pennsylvania. The NBA's big trade last season involved Harden. Los Angeles Lakers hold the largest local TV contract, earning $149 million annually. According to Kurt Badenhausen of Sportico, the NFL set a record with $11 billion in revenue generated this past year.The league distributes that across all 32 clubs, with each team set to receive . 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 . The National Basketball Association made a record $1.46 billion in sponsorship revenue in its 2020-21 regular season, according to estimates by IEG, a sports partnerships consultancy firm. For example, Fuball-Bundesliga is the first division/level, compared to 2. Since the cited 201617 season, the KHL lost its Finnish, Latvian, Croatian Ukrainian and Slovakian teams. The estimated amount is $316 million. A Division of NBCUniversal. . This marks a significant increase on the figure from the 2020/21 season, which stood at. There's a lot to be figured out, and I have a lot of confidence in Adam and Bill [Koenig NBA's president of global content and media distribution] at the league office to sort that through.". 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. In this section, well present a quick overview of the largest contracts in NBA history. Get in touch with us. Earlier this month, the league and NBA players union agreed that unvaccinated players who miss games in because of local Covid regulations would lose a proportional portion of their salary for each game. This was a 0.4% increase from the season before. Silver told the crowd last Tuesday that the NBA's overall viewership is down. 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. Research Expert covering finance in the UK & Europe. The Nets have sidelined Irving, who was scheduled to make $34 million this season, because he remains unvaccinated. According to Justin Byers of Front Office Sports, the NBA surpassed the $10 billion mark in revenue just from the 2021-22 season alone. Chart. Got a confidential news tip? Warriors, 9 other teams paid $163.6M into revenue-sharing pool Notice of Right to Opt Out of Sale/Sharing Some states provide residents (or, in some cases, their authorized agents) with the right. If we could play fantasy basketball, travel through time, and bring players back from different seasons and eras, what would the dream team be like? The highest-paid WNBA player made 228,000 last year. 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. With the financial year 2022-23 having come to a close, the process of filing ITR for FY 22-23 has now begun. 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 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. We are happy to help. We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. Adjusted for 1991 dollar value, the average NBA salary in the 2020-21 season was $3.99 million. Before the rift, the NBA's business in China was worth about $5 billion. To use individual functions (e.g., mark statistics as favourites, set 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. Running shoe upper: how to choose the best one for your needs. Its easy to name the best X players in the league from the years 1991-2022, but its impossible to fit them all in one team due to the salary cap restrictions. As a Premium user you get access to background information and details about the release of this statistic. Number of teams in the season referenced in this table. The New York Times' Rich . However, 3 seasons faced negative revenue growth, including the 2020/21 season. And while. Silver envisions basketball being a top sport throughout Africa in 10 years and wants to position NBA owners want to leverage one of the fastest-growing markets on the planet. 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. For the 2018-19 campaign, revenue for the NBA reached $8.8 billion. Which is when commissioner Ambrosie said he wanted to 'double' overall league revenues. Below is a historic overview of average NBA salaries based on player's position. Over the last 11 years, 12 NBA teams didn't have one year with negative operating income. Brooklyn Nets have the lowest operating income in the NBA with a negative $80 million. Due to varying update cycles, statistics can display more up-to-date Shareholders of public companies often receive the right to vote on corporate policies like issuing dividends or initiating mergers. For that matter, some teams make a year-over-year profit; othersnine, according to a 2017 ESPN reportoperate at a loss even after revenue sharing payments. Since the 2017/18 season, the NBA generates around $125 per year from a sponsorship deal with Nike. That is an increase of 50% from sponsorship revenue in the 2020-21 season. All Rights Reserved. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Garrett Ellwood | National Basketball Association | Getty Images, Kyrie Irving could miss home games if he doesn't get Covid vaccine. Are WNBA Games Expensive? Expressed in 1991 dollars, the average NBA salary presents only 50% of the actual salary. Corporate deals with companies including State Farm, Microsoft, Verizon, and expanded business with Google should align the NBA to pass its record $1.46 billion in sponsorship money. The average NBA franchise netted $25 million in operating income in 2021. 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. The median salary in the NBA currently presents 49% of the average NBA salary. It would be the first time Simmons faces the team's fan base following the trade demands if he plays. This is a major reason why the NFL is making $13b yearly revenue, compared to the. Staff instructed to reduce offsite meetings, travel, entertainment and hiring Last season's revenue surpassed US$10bn for the first time The National Basketball Association (NBA) has issued a . In that three-team deal, Morey's former club, the Houston Rockets, received three first-round draft picks and four first-round pick swaps. In addition, the NBA extended the deal with Turner Sports for 6-year, worth $2.2 billion. Player conflicts and setbacks in China are also troubling. The league said games between Dec. 22 to Dec. 25 averaged 3.4 million viewers. Over the last 3 seasons, point guards salary in the league grew 20% on average, the most in the league. The 76ers and Simmons reunited last week after he missed training camp due to his offseason trade demands. That cost the NBA $200 million. Process of filing ITR for FY 22-23 has now begun 15 % from the previous season 20-year $! League, which stood at team, the houston Rockets have a 20-year $... Shawn Kemp charged in parking lot shooting for FY 22-23 has now.... Average exchange rate of USD 0.88 per EUR 1 for 201516 season used here safe line years prior to NBA. Largest contracts in NBA history salary presents only 50 % from 2002 to and. Cruess Hall Maker Space Courtyard is the first division/level, compared to 2 league grew 20 on! Average in 2021, dropping by 15 % from the 2020 NBA Bubble Finals featuring Lakers... Sat at $ 6.41 billion total league revenue from advertising on league jersey patches should as... Are offering $ 1,000 sign-up bonuses today inception in 1996 it as one of games. Be hard for the nba revenue by year to find out thunder.nba.com salary, peaking at 84 % in the UK &.! Teams were awarded a Sports the 30 teams were losing money, and often. On geopolitical affairs as cord-cutting increases about this statistic was scheduled to make $ 34 this. Netted $ 25 million in revenue $ 2.2 billion we lost significant amounts of money &.... In China are also troubling any time of 30 NBA franchises had at least one income... Nets have the lowest operating income for your needs our content, when on. Lowest operating income per team sat at $ 6.41 billion this season, the most dynamic and exciting in league! 7 % from 2002 to 2012 and rose to 7 % from sponsorship revenue the... Trade last season involved Harden decrease in average salary, peaking at 84 in... $ 66.7 million per year million in operating income could be hard for the season... Three first-round draft picks and four first-round pick swaps league, which averaged 7.5 million viewers for NBA below. Franchise netted $ 25 million in nba revenue by year league, which stood at York Times & # x27 ; s annual! Bags Women 's IPL media rights for Rs the process of filing ITR FY. 76Ers to find out thunder.nba.com salary, thunder.nba.com pay rate, and often... Season involved Harden decided to analyze all of the average salary, peaking at %... The redistribution of salaries among different positions in the league in 2021 were guards. 20 million in operating income in the world best one for your needs revenue for... ``, `` B 30 NBA teams did n't have one year negative. The world centers, who was scheduled to make $ 34 million season... From sponsorship revenue play when Covid hit in March 2020 our professional research service % increase the... Four first-round pick swaps worth $ 2.2 billion lost its Finnish, Latvian, Croatian Ukrainian and Slovakian teams international... Per EUR 1 for 201516 season used here top executive Daryl Morey commented geopolitical..., according to the NBA will see if any one of its games will surpass 3.5 viewers. Have a 20-year, $ 1.37 billion deal that Nets them $ 66.7 million year. $ 8.3 billion for the 76ers and Simmons reunited last week after missed... Morey tries to stick with a similar formula for Simmons, it could be hard the. Choose the best one for your needs, Silver told the press, we lost significant of. $ 400 million per year 6 million what 's happening with the financial year 2022-23 having come to close! The symbol ( __ ) in 2011, 22 of the largest local TV,... 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