The New York Knicks are second ($6.1 billion . Exchange rate of 0.8782 per $1 for 201819 season used here. 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. He made it a point to talk about the importance of cable television bundles as well. Ritters report also analyzed the three-year returns on 9,089 IPOs from 1980 to 2021. As soon as this statistic is updated, you will immediately be notified via e-mail. All data, including graphics, images, and text selections are free to use, as long as the reference to the original research is included, We are open to any questions, interviews, and data requests. Wake Forrest NBA players have the largest salary in the league from 1991 to 2022 with $7.19 million. That was up 32% from the 2020 NBA bubble Finals featuring the Lakers and Miami Heat, which averaged 7.5 million viewers. The French team that played in the cited 2015 season has remained in the league in every subsequent season. Cited revenue was 187.9million; approximate average exchange rate of 1.33773 per 1 for 201516 season used here. NBA small forwards have never been the highest-paid position in the league over the last 31 seasons. Ranking second, the Knicks generated $298 million, followed by the Jazz ($262 million), Warriors ($258 million) and 76ers ($236 million). The majority pay is between $93,321 to $120,707 per year. The undergraduate students in the Signature Collections course will present their pieces live and outdoors at the Cruess Hall Maker Space Courtyard. According to Forbes however, who annually value all 30 NBA franchises, the total revenue generated across the entire league is in the vicinity of $8.76 billion per year. Its the first time another team has made the top two since 1999. The NBA is a billion-dollar industry, whose goals are to increase profits and expand. And Chicago-based manufacturer Wilson starts its new agreement to produce the NBA game basketballs. Per CNBC financial analysts, approximately $2 billion of the leagues revenue is derived from media rights. Santiago Bernabu Stadium, The home of Real Madrid Club de Ftbol, the most valuable Association Football team in the world in 2023. This drastic difference in revenue is why the wage gap between men's and women's pro basketball players is so large. The drought had not yet finished since they posted another bad season resulting into 5 of the worst ten seasons in franchise history over the last five years. The NBA is celebrating 75 years in business, and the next few will be pivotal for Silver's league. Golden State Warriors faced the largest drop in revenue in 2021 with 46%. 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. Looking through the salary cap, Michael Jordan is the highest-paid NBA player ever. From ages 28 to 35, players salary remains over 10% of the salary cap, averaging at 11.3%. BetOnline, Bovada, BetUS and MyBookie are among the best online sportsbooks and betting sites for NBA betting. But Clippers owner Steve Ballmer didn't seem worried about the state of cable TV when he spoke to CNBC last month. In October 2021, Silver projected $10 billion in revenue for the 2021-22 season. Asked if China still wants the NBA, Silver told the room: "I assume so." The NBA revenue by year goes higher if you factor in TV rights, merchandising, and sponsorship. From ticket sales, the NBA earns $1.2 million per regular-season game or $1.476 billion from 1,230 games and $2 million per playoff game or $$166 million from 83 games. The big moment arrives Friday when they play the Nets in Philadelphia. Due to league expansion and contraction, does not necessarily match the number of current teams. Not to mention, the NBA earned $1.4 billion in sponsorship revenue. Sign up for free newsletters and get more CNBC delivered to your inbox. The NBA debt is currently $6.7 billion, increasing by 24% compared to the previous year. TRADER~ WILLIAM (@official_trader_william) on Instagram: "incredible__sophiafx If you don't know YOUR NEXT FIVE MOVES in TRADING then you've already lo." ", 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. This statistic is not included in your account. 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. 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. But it was way down from the six-game series between the Warriors and Toronto Raptors in 2019, which averaged 15.1 million viewers. 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. Most NBA players have college experience prior to entering the league. For our recommendations, check out our breakdown of 10 best basketball shoes for 2021. Every season had positive growth. Returns were calculated through the end of December 2021. This is a 19% drop from the season before ($264 million). This deal is a 245% increase in annual revenue compared to the previous deal with Addidas, worth $51 million annually. More news articles related to NBA revenue in 2022, the Lakers, Knicks and Warriors are on the main page. Silver also warned the cable TV business model could break as cord-cutting increases. The country then stripped NBA games from state-run CCTV. NBA salary cap and tax level expected to rise in 2023-24 Both figures $134 million for the salary cap in 2023-24, $162 million as the tax level would set records. We want to hear from you. This would represent an enormous increase over the. The average salary of an NBA power forward is $7.64 million in 2021, which is a 16% increase from the previous season. The Chicago Bulls had the slowest average annual growth since 2000, with a 3.6% increase annually. This website is free for you to use but we may receive commission from the companies we feature on this site. From the 2010/11 season, the league's revenue has been growing at an average rate of 8%. From 2014 to 2019, NBA centers were the highest-paid players in the league. Just reach out to. . NBA teams local TV deals vary significantly. The losses range from $224 million for the Grizzlies to an eye-popping $472 million for the Knicks. The National Basketball Association reached a new nine-year, $24 billion television and media rights deal with ESPN and TNT, ESPN and Turner Sports announced Monday. data than referenced in the text. Correction: This article has been updated to reflect the NBA's streaming deal with Tencent. NBA centers earned $7.82 on average in 2021, dropping by 15% from the previous season. Revenue from advertising on league jersey patches should increase as teams secure new agreements. 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. The median salary in the NBA currently presents 49% of the average NBA salary. Cited revenue was USD 655million; approximate average exchange rate of USD 0.88 per EUR 1 for March 2016 used here. Like Manu Ginobili, hes a left-hander whose moves led him to a better career-shooting percentage than the Argentine himself. Includes IPOs on the NYSE American, NYSE, and Nasdaq Stock Market with an offer price of at least $5.00. Dual-class share structures are rising in popularity, and they give executives much more voting power within a public company. 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? Only 1 small forward had a top10 NBA salary in 2021, and 4 of them were in the top20. The WNBA makes $60 million in income each year, but it also incurs expenses in excess of $70 million. October 27, 2022. Since the 1990-91 season, the average salary in the league faced the annual decline only 3 times, with an average annual growth of 8%. This marks a significant increase on the figure from the 2020/21 season, which stood at. Note that the content on this site should not be considered betting advice. According to NBA commissioner Adam Silver, the WNBA has lost an average of $10 million each year since its inception, which the NBA subsidizes out of the kindness of its politically correct . Visit Salary.com to find out thunder.nba.com salary, thunder.nba.com pay rate, and more. 2. The next step is aligning the NBA with a post-Covid world. Small forwards had the highest annual salary growth in 2021, recovering after 2 seans without a salary increase. 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. Below is a historic overview of average NBA salaries based on player's position. USA Today Network The NBA topped $10 billion in annual revenue for the first time ever in the 2021-22 season. Dallas Mavericks local deal generates them $20 million in revenue. 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 average team value crept up to $2.2 billion, from $2.1 billion last year, a 4% increase even though it was a pandemic. 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. And before the pandemic, league executive Amy Brooks projected a 30% increase. Ligue 1. Japan - Baseball - Revenue: $1.1 billion. The average salary in the NBA league is $7.90 million for the 2020-21 season and is projected to be $8.25 million in the 2021-22 season. In addition, the NBA extended the deal with Turner Sports for 6-year, worth $2.2 billion. 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. Since 2017, the NBA started generating $2.7 billion annually from this deal. Please do not hesitate to contact me. We decided to analyze all of the players salaries, along with their stats and accomplishments from a given season. 30 NBA teams generated $738 million in operating income for the 2020/21 season. "The revenue that comes from people enjoying our games, who are not in the stadium, I don't think that is going to bust. GOBankingRates.com looked at each team's yearly revenue and attendance and calculated what each. But, fast forward to 2020, and every team in the league was profitable, with average operating income surging to $62 million. According to Fast Company, this gives insiders 53.5% of the overall votes. NBA point guards are the first group with a salary average of over $10 million in NBA history. NBA teams - number of Twitter followers 2022, Opinion poll on which is the greatest NBA team of all time 2016, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. The league said games between Dec. 22 to Dec. 25 averaged 3.4 million viewers. Cited revenue was 1512.1 million rubles. Cited revenue was $18 billion, exchange rate of 1 USD = 0.9464 EUR used here for 30 June 2022, Cited revenue was $10 Billion, exchange rate of 1 USD = 0.95412 EUR used here for 30 June 2022, Cited revenue was $5.2 Billion, exchange rate of 1 USD = 0.9464 EUR used here for 30 June 2022. Commissioner Adam Silver says the NBA is projecting $10 billion in revenue this season, a notable bump from the last two seasons where fan attendance was limited or non-existent. 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. has raised $75 million from more than two dozen investors in a bid to revamp its business model as players call for expansion, higher salaries and better benefits. 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. Get the best reports to understand your industry. The funding includes. China still hasn't fully re-opened its marketplace to the NBA after Philadelphia 76ers top executive Daryl Morey commented on geopolitical affairs. The estimated amount is $316 million. 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.