endobj /Annots [178 0 R] The NBA revenue dropped 10% in 2020 as a consequence of the Coronavirus outbreak. The average NBA team generated $1.76 million in tickets sales in 2021. /MediaBox [0 0 595.2 841.919] Financial Statements 2015 (in Greek) Click here to download the file. /Contents 162 0 R /ExtGState << The average NBA franchise netted $25 million in operating income in 2021. /MediaBox [0 0 595.2 841.919] /F3 67 0 R It's causing problems as the NBA obeys local government policies that require people to be vaccinated before entering public places. /ExtGState << >> /F4 100 0 R /Resources << /F0 62 0 R /Contents 166 0 R 18 0 obj 25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R 35 0 R 36 0 R 37 0 R 38 0 R 39 0 R 40 0 R /Fm0 105 0 R /Type /Page 23 0 obj << Although the future is uncertain, any resolution to the pandemic will undoubtedly help the NBA get back to a normal schedule with fans in the stands. /Font << /Font << /F2 76 0 R /GS0 87 0 R You may opt-out by, Why 2023 Gold House A100 List Has Starbucks CEO But No Michelle Yeoh, Parent PowerED: Parents Powering Solutions In Education, Conversations Across Generations: Shawn Dove And Peter Storey, Empowering Young Adults Through Tech With Sandee Kastrul Of i.c. /Parent 5 0 R /F4 92 0 R >> /Parent 5 0 R << The first kip coins . 27 0 obj /Flags 32 >> endobj /F3 67 0 R /MediaBox [0 0 595.2 841.919] /F3 67 0 R >> /MediaBox [0 0 595.2 841.919] /GS1 99 0 R 8 0 obj /MediaBox [0 0 595.2 841.919] This is a 19% drop from the season before ($264 million). 38 0 obj >> >> /Contents 147 0 R 2020/21 season projections indicate that the league could face a 40% drop in revenue due to empty arenas. /GS0 61 0 R It would be the first NBA title won by a New York team since 1973. >> The loss of ticket sales alone is estimated to cost each team nearly $2 million on average per game.. All Rights Reserved. /F2 76 0 R This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. >> /F4 70 0 R But how do these franchises spend their revenue? >> >> /F0 63 0 R /Resources << Fiscal Responsibility and Budget Systems Law. The NBA is anxious to get its calendar back on track for the start of the 2021-22 season, and delaying the start of the 2020-21 season until mid-January would make it difficult to do that. /XObject << /F3 70 0 R The company began investing in renewables in 2019, and last year became the first major private equity firm to pledge to net zero emissions by 2050 (for some of its portfolio). endobj In inflating the cap in the interim, league officials and team governors are hoping to avoid a repeat of the salary-cap spike of 2016, when a $20 million-plus leap in the cap enabled the Golden State Warriors to sign Kevin Durant away from the Oklahoma City Thunder in free agency. /GS0 81 0 R Even with a total of 400-odd active players making an average of close to $6.7 million annually (as of 2019-20), national TV contracts generate enough revenue to cover salaries and then some.. /F1 62 0 R The teams benefit as well; the Golden State Warriors, for example, have received an estimated amount of $20 million annually from Rakuten., A related component of the NBA's merchandising business has to do with sponsorships. >> /Font << /F1 62 0 R >> "Sports Money: 2020 NFL Valuations. >> /ExtGState << 12 0 obj Hence, Nets owner Joe Tsai had no problem giving up the assets. Revenues are about half those of the highest-grossing sports league in the world, the National Football League,not that the two leagues are necessarily in competition. Still, one of the largest differences between the leagues is the origin of the NBA's diverse revenue stream, which includes television, merchandising, sponsorships, and tickets. And the league launched its Africa business that's estimated to bring in $1 billion. << 2023 ABG-SI LLC. /MediaBox [0 0 595.2 841.919] /Type /Page << /F3 67 0 R /F2 76 0 R >> /Font << /F1 62 0 R Dataset with 2 projects 1 file 1 table. Teams estimate spending between $3.3 million and $3.5 million for charter aviation during the season, excluding catering and subject to fuel price fluctuations. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. 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. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. 0 333 556 556 556 556 260 556 333 737 370 556 584 0 737 552 stream 333 556 556 500 556 556 278 556 556 222 222 500 222 833 556 556 << /Contents 137 0 R /MediaBox [0 0 595.2 841.919] So far, live sports have tended to remain safe from these changes, but that may not last forever. 39 0 obj /Fm0 182 0 R endobj >> endobj >> A quick drive down Interstate 95, the Philadelphia 76ers are also garnering distracting headlines around the future of all-star Ben Simmons. /F0 63 0 R >> .H >> >> ", Team Marketing Report. /Kids [9 0 R 10 0 R 11 0 R 12 0 R 13 0 R 14 0 R 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R 21 0 R 22 0 R 23 0 R 24 0 R Research Expert covering finance in the UK & Europe. /F2 76 0 R Read about monetization on Facebook, YouTube, TikTok, and Twitter. (Scheduling may have played a factor, as fewer people were watching TV this July, the NBA says.). /F0 63 0 R >> /Type /FontDescriptor The NBA set the salary cap at $101.869 million for the 2018--19 season, up from $99.903 in 2017--18. /F2 76 0 R endobj >> /Type /Page 6 0 obj /Parent 5 0 R Andy Kriebel for Makeover Monday . /F4 70 0 R >> /F1 62 0 R /Parent 5 0 R >> /F0 63 0 R << /GS0 163 0 R Some are willing to pay the luxury tax; others resist it. /Resources << 54 0 obj The 2019-20 season losses are slight in comparison to what awaits the NBA in 2020-21 if the season advances without fans and accompanying gate-night receipts, the league told teams -- a projected 40% loss in overall revenue, or approximately $4 billion. Other teams take in less than $40 million in local television. >> Tagged. Silver also warned the cable TV business model could break as cord-cutting increases. /MediaBox [0 0 595.2 841.919] The Oklahoma City Thunder were the only team to lose money on an operating basis with a loss of $23 million thanks to a $61 million luxury tax bill on their high payroll. That number comes from the NBA's last regular opener in October 2019, when the Lakers played the Clippers and averaged 3.58 million viewers on TNT. On the condition of anonymity, executives from several NBA teams shared financial information with SI. 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. /Font << /Parent 5 0 R It's estimated that China generates $500 million dollars in revenue annually. /Parent 5 0 R /Type /Page /Rotate 90 >> /F0 63 0 R There are a number of key challenges facing the NBA, even as professional basketball continues to grow in popularity in the U.S. and elsewhere around the worldand as individual teams balloon in value. /XObject << /Parent 5 0 R /Resources << /XObject << Dimitrije Curcic has been playing basketball for over 22 years. Silver, 59, also reiterated the cable TV bundle needs fixing, as regional sports networks are threatened by cord-cutting. 15 0 obj /F4 70 0 R /Type /Page They do not store directly personal information, but are based on uniquely identifying your browser and internet device. >> /Contents 109 0 R /F1 62 0 R endobj /F1 62 0 R endobj >> /CapHeight 716 /Contents 78 0 R >> "NBA jersey patch sponsorship program expands as league scores new revenue. /GS0 185 0 R >> If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. He is also the co-author of Control Your Cash: Making Money Make Sense. 2 0 obj %PDF-1.4 We analyzed NBA revenue data over the last 20 seasons and now presenting you 66 stats on how NBA generates money. /F4 70 0 R /F2 76 0 R /F1 67 0 R >> Team values are enterprise values (equity plus net debt) of team based on current arena deal (unless new arena. /Fm0 122 0 R /F0 63 0 R /F3 67 0 R /Metadata 4 0 R IP Google, , , . 400 549 333 333 333 576 537 333 333 333 365 556 834 834 834 611 Like other major sports leagues, the NBA shares non-basketball related revenue between teams in order to address inequalities across different markets around the country. >> /F0 63 0 R Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. >> 52 0 obj endobj /Font << Got a confidential news tip? /Type /Page SPORTS ILLUSTRATED is a registered trademark of ABG-SI LLC. endobj View the latest NBA financial statements, income statements and financial ratios. >> << /Font << "2018-19 NBA Fan Cost Index Rises 2.8%. endobj /Resources << Rounding out the top five are the Golden State Warriors, Chicago Bulls and Boston Celtics, worth $4.3 billion, $3.2 billion and $3.1 billion respectively. China still hasn't fully re-opened its marketplace to the NBA after Philadelphia 76ers top executive Daryl Morey commented on geopolitical affairs. Suffice to say, the balance sheets for the Lakers, Knicks, Bulls and Warriors look nothing like those of the Pacers, Grizzlies, Jazz and Magic. /Type /Page And the league wouldn't mind a Nets versus Los Angeles Lakers NBA Finals as it draws the top two TV markets. The New York Knicks retain the No. /F0 63 0 R /F2 76 0 R /F1 62 0 R >> "2019-20 NBA Player Contracts. /F3 67 0 R Sign up for free newsletters and get more CNBC delivered to your inbox. 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 April 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. This includes executive salaries, rent, insurance and debt. 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. The Chicago Bulls had the slowest average annual growth since 2000, with a 3.6% increase annually. /GS0 74 0 R The league and union are negotiating methods of artificially inflating the 2020-21 salary cap to keep it around $109 million, sources told ESPN. /Contents 73 0 R 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. /F4 70 0 R /Type /Page /F3 67 0 R /Type /Page /F0 63 0 R The NBA wants to triple its rights fee, so a bounce-back in viewership would help. /MediaBox [0 0 595.2 841.919] Player conflicts and setbacks in China are also troubling. /Type /Page She is the CEO of Xaris Financial Enterprises and a course facilitator for Cornell University. You may be surprised that ticketing is actually not one of the primary sources of revenue for the NBA. 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. /ExtGState << >> NBA values are up nearly six-fold over. This past summer, the NBA raised the debt limit to $325 million per team. /F3 67 0 R /GS0 72 0 R The 76ers and Simmons reunited last week after he missed training camp due to his offseason trade demands. That cost the NBA $200 million. /F3 67 0 R /Type /Page >> /F0 63 0 R 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.