/Parent 5 0 R Extrapolating from the data provided to SI and from public filings, consider the following expense breakdowns. Team values are enterprise values (equity plus net debt) of team based on current arena deal (unless new arena. /GS0 118 0 R endobj NCBA Unit Trust Funds Annual Reports and Financial Statements 2019. "We lost significant amounts of money. We want to hear from you. /F0 63 0 R NBA league & teams sponsorship revenue 2010-2022 National Basketball Association sponsorship revenue from 2010 to 2022 (in million U.S. dollars) Average operating income of National Basketball. /F0 63 0 R All information these cookies collect is aggregated and therefore anonymous. 22 0 obj /F4 92 0 R endobj Only the Dallas Cowboys are worth more among North American sports franchises. "Sports Money: 2020 NFL Valuations. /GS0 85 0 R The NBA is open to the idea of regional pods and intraconference scheduling to lessen team travel and exposure to the coronavirus, sources said. /GS0 66 0 R The nine-year deal earns the NBA approximately $2.6 billion per year. >> Investopedia requires writers to use primary sources to support their work. /Contents 158 0 R >> /BaseFont /ArialMT >> 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. /Resources << 1015 667 667 722 722 667 611 778 722 278 500 667 556 833 722 778 << /Count 49 /GS0 110 0 R << And that was a decline from previous years. Andy Kriebel for Makeover Monday . /F2 67 0 R On the licensing front, the NBA struck an equity deal with Fanatics for its trading card rights. 5-year trend. , Jan 9, 2023. 30 NBA teams generated $738 million in operating income for the 2020/21 season. Data is a real-time snapshot *Data is delayed at least 15 minutes. /F3 67 0 R Hans Daniel Jasperson has over a decade of experience in public policy research, with an emphasis on workforce development, education, and economic justice. /ExtGState << /F3 70 0 R /Type /Page /F2 76 0 R For the complete list and more, visit: www.forbes.com/nba. 3. >> >> /Type /Page /Subtype /TrueType /GS0 120 0 R << These cookies are necessary for the website to function and cannot be switched off in our systems. Garrett Ellwood | National Basketball Association | Getty Images, Kyrie Irving could miss home games if he doesn't get Covid vaccine. /F2 76 0 R It tends to lag behind some of the other revenue streams mentioned above. /Resources << /Parent 5 0 R /Parent 5 0 R /Im0 64 0 R /Contents 127 0 R /Resources << /Font << >> /Rotate 90 /F2 76 0 R /F0 63 0 R 2021. /Parent 5 0 R /Ascent 905 /F3 67 0 R The TV ratings for NBA's playoff games declined dramatically, down 37% compared to 2019. endobj /GS0 83 0 R >> /ExtGState << Salaries for employees in New York will be higher than those in Milwaukee. endobj ", National Basketball Association. Despite the noise around lower TV ratings and business problems in China, NBA franchise values continue to soar and are up 14%, compared to an 11% increase for NFL teams and 8% in Major League Baseball, said Forbes senior editor Kurt Badenhausen. /Resources << 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. /Parent 5 0 R >> Golden State Warriors faced the largest drop in revenue in 2021 with 46%. The average ticket price in the NBA was $78.7 for the 2020/21 season. /F1 67 0 R >> /MediaBox [0 0 595.2 841.919] << /F3 67 0 R It is currently estimated that the WNBA generates approximately $60 million in revenue, while $12.3 million of that revenue is distributed to its players. /Type /Page /F0 63 0 R Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. /F3 67 0 R /Type /Page 9. The Nets struck a $30 million per year pact with New York-based brokerage platform Webull, the richest patch deal in the league. /ExtGState << Click on the different category headings to find out more and change our default settings. 2019. ESB Annual Results and Accounts 2019; ESB Tuarascil Bhliantil 2019; ESB Investor Presentation March 2020; Interim Results. 43 0 obj << /F1 62 0 R >> >> /Type /Page /Parent 5 0 R The Toronto Raptors (25%) and Warriors (23%) had the biggest value gains. Los Angeles Lakers hold the largest local TV contract, earning $149 million annually. The NBA makes money primarily through television, merchandising, sponsorships, and tickets. /Resources << During the 2020/21 season, the NBA generated $1.46 billion in revenue from sponsorships. Since 2019, the Los Angeles Lakers also started to generate $20 per year from the jersey patch deals. ESports mimics the experience of watching a professional sporting event, but spectators watch video game competitions instead of physical events. /GS1 104 0 R 22 out of 30 NBA franchises faced the largest revenue drop over the last 20 seasons. The NHL increased its rights, too, thanks to NBA partners ESPN and AT&T's WarnerMedia. endobj The league is currently under the largest media contract in the league's history. >> /CapHeight 716 /Resources << >> For the financial year ended 31 December 2019 The chairperson presents his statement for the period. We also use third-party cookies that help us analyze and understand how you use this website. Investopedia does not include all offers available in the marketplace. 2020-12-07T14:17:54 /Font << /Parent 5 0 R NBA teams local TV deals vary significantly. 2020/21 season was fourth in a row with sponsorship revenue exceeding $1 billion in a year. /Type /Page /Contents 137 0 R /F2 76 0 R endobj 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. /Type /Page /GS1 75 0 R This past summer, the NBA raised the debt limit to $325 million per team. In 201718, NBA players received $129 per day on the road, highest among the four major team sports. /MediaBox [0 0 595.2 841.919] However, those national contracts still have almost 1,000 regular-season games unaccounted for. But opting out of some of these cookies may affect your browsing experience. /F3 67 0 R >> /Fm0 77 0 R 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. The league lost $800 from ticket sales and $400 from sponsorships and merchandise. During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. When it came to the NBA's international business, Silver walked a very safe line. /Font << /GS0 177 0 R /GS0 171 0 R >> /GS0 185 0 R /F4 70 0 R /Resources << /Filter [/FlateDecode] Suffice to say, the balance sheets for the Lakers, Knicks, Bulls and Warriors look nothing like those of the Pacers, Grizzlies, Jazz and Magic. /GS0 146 0 R Bank of America upgrades Comcast, saying it is 'poised for a strong turnaround'. /F2 76 0 R Last year, the Cleveland Cavaliers lost money on an operating basis and declined by about 4% in value to $1.28 billion, per Forbes. Since 2017, the NBA started generating $2.7 billion annually from this deal. 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. << /MediaBox [0 0 595.2 841.919] n3arS6lRA The NBA made $150 million in revenue when its patch program was introduced in 2017. And Chicago-based manufacturer Wilson starts its new agreement to produce the NBA game basketballs. How much does the weight vary across different running shoe sizes? 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. /Font << /ExtGState << endobj /Type /Page /F0 63 0 R >> << The kip is made up of 100 att, and is often presented with the symbol (__). /FontName /ArialMT endobj /MediaBox [0 0 595.2 841.919] 4 0 obj The NBA's losses included $200 million in deemed "net negative impact" from a monthslong splintering of a partnership with China in the aftermath of the Daryl Morey tweet promoting Hong Kong freedom a year ago, sources said. Check the Financial Statements of NBA.LS , Novabase S.G.P.S., S.A. stock! Silver told the crowd last Tuesday that the NBA's overall viewership is down. >> /Contents 135 0 R As an example, in 2018 the Milwaukee Bucks opened a $524 million arena, Fiserv Forum, which has generated ample opportunity for sponsorships, premium seating, and more.. The next step is aligning the NBA with a post-Covid world. /XObject << /F0 63 0 R /Contents 168 0 R >> "There's a whole lot of ignorance on the part of players who will not get vaccinated," said former NBA player turned scholar Len Elmore told CNBC last month. The information does not usually directly identify you, but it can give you a more personalised web experience. Sign up for free newsletters and get more CNBC delivered to your inbox. ", National Basketball Association. >> >> The average NBA franchise netted $25 million in operating income in 2021. The Knicks, at $5 billion, take the No. /F1 62 0 R /Resources << /ExtGState << Cap History Tax Payment History Exceptions Minimum Salaries Maximum Salaries Rookie Scale The NBA is considering releasing the schedule in halves to increase flexibility, allowing for postponements that are likely inevitable with coronavirus outbreaks. /F2 76 0 R This deal generated $660 million in annual revenue for the NBA. << /F4 70 0 R /F2 76 0 R 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. During the 2020/21 season, the NBA signed 13 new sponsorship deals that brought around $115 million per year in revenue. 42 0 obj Read about monetization on Facebook, YouTube, TikTok, and Twitter. On Tuesday, the NBA will see if any one of its games will surpass 3.5 million viewers. << /F2 76 0 R In 2020, NFL regular season ticketing revenue made up about 1.25 percent of the league's total revenue. >> /F0 63 0 R Portion of franchise's value attributable to revenue shared among all teams. /Type /Page /F0 63 0 R /Type /Page >> /MediaBox [0 0 595.2 841.919] 29 0 obj The Statement of Comprehensive Income also shows that the NBA's Total Expenditure for Q1 2018/2019 was N910,520,112.00 and we had a Finance Cost [2] of N500,000.00 (see page 3 of the FS). /Font << stream 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. >> Get in touch with us now. /Contents 176 0 R >> /Type /Font Groat, who parlayed a spectacular hoops career at Duke into a brief stint in the NBA before becoming an All-Star and the 1960 National League MVP while playing baseball for his hometown Pittsburgh Pirates, died Thursday. Broadcasting deals present the largest source of revenue for the NBA. 2019 2018 2017 Retained Earnings (Previous Year) 7: 20 . % /Resources << 3 0 obj /MediaBox [0 0 595.2 841.919] /XObject << As impasse over pro-Hong Kong tweet simmers, what's at stake for the NBA in China? /MediaBox [0 0 595.2 841.919] Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. The teams of the NBA generated combined revenues of around 10 billion U.S. dollars in the 2021/22 season. /Type /Page endobj >> Television Rights, Merchandising, and Ticket Sales Are Primary Revenue Sources. The NBA has a licensing deal with Dapper Labs for its NFTs of video highlights. /Resources << 45 0 obj Dallas Mavericks local deal generates them $20 million in revenue. /Resources << 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. TEAM NON-STAFF COSTS Teams estimate spending between $3.3 million and $3.5 million. >> 556 0 222 556 333 1000 556 556 333 1000 667 333 1000 0 611 0 /ExtGState << /F4 70 0 R 2. >> "We try to look at it as an ongoing investment in the business over a long period of time as opposed to a loss of individual seasons.". Tagged. endobj >> /Type /Page /F1 63 0 R /GS0 150 0 R endobj /F2 76 0 R 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. /Font << 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. >> For the 201819 NBA season, the luxury tax threshold is a payroll of $123.733 million. 28 0 obj >> Running shoe upper: how to choose the best one for your needs. >> >> endobj << /F1 62 0 R >> /Resources << 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. >> /ExtGState << For one thing, not every team is equally valuable or profitable. /BaseFont /ArialMT /MediaBox [0 0 595.2 841.919] >> /Pages 5 0 R /ExtGState << << The team is now worth $4.6 billion, a 15% value increase from last years $4 billion valuation. Greg McFarlane is a financial writer and co-founder of ControlYourCash.com. 36 0 obj /x4 116 0 R 54 0 obj /F3 70 0 R Statista assumes no >> /F3 70 0 R /F2 76 0 R /Font << endobj The Chicago Bulls had the slowest average annual growth since 2000, with a 3.6% increase annually. The country then stripped NBA games from state-run CCTV. /F4 70 0 R /F0 63 0 R ),Ym h!y" 0X R- eOQVq aX~~\m9wizWka?wOR|N),_HpB,e0`4-. /F1 62 0 R /Type /Page >> /XObject << /F4 70 0 R /Resources << /F0 63 0 R >> /Type /Page /F0 63 0 R >> >> Six teams earned more than $100 million, led by the Los Angeles Lakers at $178 million. Other teams take in less than $40 million in local television. /Producer (PDF-XChange Printer V6 \(6.0 build 322.6\) [Windows 10 Enterprise x64 \(Build 16299\)]) Some are willing to pay the luxury tax; others resist it. 50 0 obj Although it has been largely a success with controlling any major coronavirus breakouts, teams and the NBA are expected to take a significant revenue hit in 2020 and 2021. /F3 67 0 R In 2014, the league made another contract extension with ESPN, ABC, and Turner. /GS0 159 0 R /MediaBox [0 0 595.2 841.919] /GS0 87 0 R /F2 92 0 R liability for the information given being complete or correct. Up to that point, the NBA had earned in excess of $150 million in new revenue. /F0 63 0 R >> << >> /F0 63 0 R /F3 67 0 R Jesse D. Garrabrant | National Basketball Association | Getty Images. /GS0 175 0 R >> The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. /ExtGState << /ExtGState << /XObject << /Resources << /F2 76 0 R /Font << The deal added another $366 million of revenue for the league. /ExtGState << uuid:baaff855-396c-4c14-a419-650f8445a3fb /F4 70 0 R /ExtGState << /Contents 109 0 R 11 . 47 0 obj Our projections are not dependent on it.". The NBA revenue dropped 10% in 2020 as a consequence of the Coronavirus outbreak. Another alternative -- less preferable to the league -- is starting the season around the Martin Luther King holiday in mid-January, which would push the completion of the season deeper into the summer -- causing the NBA playoffs to compete on television with the Summer Olympics and the start of the NFL and college football season. The NBA hopes that it can play games with fans in home arenas in 2020-21, but it has also been exploring the possibility of modeling a bubble environment similar to what Major League Baseball used to finish the 2020 season's playoffs, sources said. 39 0 obj Dimitrije loves to tell hoop stories through numbers and graphics and has been featured on Fansided, FiveThirtyEight, Eurohoops, and TalkBasket among the others. But how do these franchises spend their revenue? The NBA broadcasts to every populated continent. /Parent 5 0 R << /GS0 74 0 R >> The names of MLB, NBA, WNBA, NFL, MLS, NWSL, and NHL players 1950 - 2019, measuring the rate of hyphenated names. /Parent 5 0 R You can learn more about the standards we follow in producing accurate, unbiased content in our. In the 2017-2018 season,NBA TV airedthe most regular-seasongames with106 followed by Disney's (DIS)ESPN (87), Warner Media's (TWX)TNT (67),and ABC (17)., TV accounts for most of the NBAs revenue. /MediaBox [0 0 841.919 595.2] >> Operating income is earnings before interest, taxes, depreciation and amortization. 2020/21 season projections indicate that the league could face a 40% drop in revenue due to empty arenas. He was 92. >> Email: [emailprotected]. /F3 70 0 R /Resources << /Font << The operating income of the Utah Jazz, franchise of the National Basketball Association, was about 40 percent lower in the 2021/22 season than in the . /F3 92 0 R endobj Quarterly Financial Results and Quantitative Data, PREVENTION OF MONEY LAUNDERING ACTIVITIES (AML), Copyright 2016 National Betting Authority, All Rights Reserved. >> /Contents 133 0 R We analyzed NBA revenue data over the last 20 seasons and now presenting you 66 stats on how NBA generates money. The operating income of the league dropped by 11% in 2020. /ExtGState << /Contents 82 0 R /F4 70 0 R /Font << /GS0 91 0 R << He also said NBA game presentations are too "basic" and spoke about the "David Stern Cup" an in-season tournament the league wants to incorporate this decade. >> /GS0 79 0 R >> .H /MediaBox [0 0 595.2 841.919] >> /ExtGState << >> endobj /F0 63 0 R The NBA doubts an All-Star Game and All-Star Weekend -- set for Indianapolis in February -- make sense and may use an extended midseason break to offer rest for players, or to make up games that might be lost due to the virus. Get in touch with us now. And before the pandemic, league executive Amy Brooks projected a 30% increase. endobj /Resources << /Contents 170 0 R endobj They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. /F1 62 0 R /XObject << >> Portion of franchise's value attributable to its city and market size. >> 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. /Type /Page 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. 6 0 obj /F1 62 0 R 38 0 obj /LastChar 255 << << The New York Knicks Retain Top Spot For Fifth Consecutive Year. >> /Descent -212 /MediaBox [0 0 595.2 841.919] 27 0 obj Media rights make up roughly $2 billion of the league's revenue. /XObject << /Parent 5 0 R /GS0 113 0 R 33 0 obj >> On the international business side, the relationship with China is still rocky. /F1 7 0 R Euroleague Basketball has announced that overall revenues in Europe's . >> /MediaBox [0 0 595.2 841.919] /F0 63 0 R >> 49 0 obj /F0 63 0 R Live sporting events remain popular despite the increasing trend of streaming TV programs and the widespread use of DVRs. /F1 62 0 R /Contents 160 0 R As a result, many international companies can now advertise with the NBA through the jersey patch program as well as other marketing initiatives. nicknames for one legged person, sims 4 female grim reaper mod,