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. Dimitrije loves to tell hoop stories through numbers and graphics and has been featured on Fansided, FiveThirtyEight, Eurohoops, and TalkBasket among the others. 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. Exchange rate of 1 USD to 0.95 EUR used for June 2022, date of original publishing. Jesse D. Garrabrant | National Basketball Association | Getty Images. 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. Filing ITR is a legal requirement for individuals and businesses with taxable income. But Clippers owner Steve Ballmer didn't seem worried about the state of cable TV when he spoke to CNBC last month. The average annual salary of thunder.nba.com is estimated to be approximate $106,387 per year. While trades are contemplated, the 76ers culture and team continuity will be tested with Simmons back following an eventful training camp. to incorporate the statistic into your presentation at any time. The 76ers open the season on Wednesday in New Orleans. I think its quite remarkable from where we came two-and-a-half years ago.. As the new financial year has begun, the Income Tax Return (ITR) filing season has started. That is an increase of 50% from sponsorship revenue in the 2020-21 season. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Cited revenue sources were in USD. The median NBA salary for the 2020-21 season is $3.83 million, rising to $4.02 million in 2022. 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 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. Golden State Warriors earned the most from the ticket sales, $7.78 million in 2021. Learn more about how Statista can support your business. In addition, the NBA extended the deal with Turner Sports for 6-year, worth $2.2 billion. statistic alerts) please log in with your personal account. Now how we get that revenue, there's a lot of open questions," he admitted. Memphis Grizzlies have the smallest revenue from local TV deals, with $9.4 annual revenue. Businesses in Gurgaon and Faridabad need to be prepared to file their ITR and gather all the necessary documents required for the process.. Source cites $R 7 billion; Exchange rate used for December 2021, 1 Brazilian Real is equivalent to 0.16 EUROs. Looking through the salary cap, Michael Jordan is the highest-paid NBA player ever. NBA small forwards have never been the highest-paid position in the league over the last 31 seasons. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Texas students are in second place with $6.49 million, followed by Florida with $6.09 million. Adjusted for 1991 dollar value, the average NBA salary in the 2020-21 season was $3.99 million. Where are Clean Energy Technologies Manufactured? NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. On the licensing front, the NBA struck an equity deal with Fanatics for its trading card rights. - 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? Its the first time another team has made the top two since 1999. While the WNBA pulls in around $60 million each year, the NBA generates a staggering $8 billion in revenue. The bench features elite defenders, as well as shooters. Chart: Automakers Adoption of Fuel-Saving Technologies, Explainer: What to Know About the Ohio Train Derailment. 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? As a Premium user you get access to the detailed source references and background information about this statistic. The NBA is celebrating 75 years in business, and the next few will be pivotal for Silver's league. NBA G League 's estimated revenue per employee is $ 253,058Employee Data. The largest revenue increase was 26%, in the 2916/17 season. Returns were calculated through the end of December 2021. That was up 32% from the 2020 NBA bubble Finals featuring the Lakers and Miami Heat, which averaged 7.5 million viewers. This stems from team merchandise sales, sponsorships, ticket sales, marketing, television/streaming views. 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%. Feel free to check out the top sportsbooks for NBA betting below. Available: https://www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/, National Basketball Association total league revenue from 2001/02 to 2021/22, Immediate access to statistics, forecasts & reports, Average franchise value in major U.S. sports leagues 2007-2022, Average franchise value of National Basketball Association teams 2001-2022, Total revenue of the National Basketball Association 2001-2022, Teams of the NBA ranked by revenue 2021/22, NBA league & teams sponsorship revenue 2010-2022, Average operating income of National Basketball Association teams 2001-2022, Operating income of National Basketball Association franchises in 2022, NBA Finals TV viewership in the U.S. 2000-2022, NBA Finals TV ratings in the U.S. 2002-2022, Average U.S. TV ratings of NBA Finals 2022, Average viewers of the NBA Finals in the U.S. 2022, Total attendance at National Basketball Association regular season games 2006-2022, NBA regular season home attendance by team 2021/22, Average per game attendance in the NBA from 2005-2022, NBA regular season average home attendance by team 2021/22, Construction costs of NBA stadiums/arenas built since 2000, Federal subsidy to NBA stadiums built since 2002, NBA interest level in the U.S. 2023, by ethnicity, National Basketball Association (NBA) interest levels worldwide 2021, NBA number of Facebook fans/Twitter followers 2012-2023, National Basketball Association salary cap 2012-2023, Minimum player salary per year in NBA 2017-2024, Average player expenses of National Basketball Association teams 2001-2022, Player expenses in the NBA by team in 2022, National Basketball Association highest-paid players in salaries & endorsements 2023, National Basketball Association all-time rebounding leaders 1946-2022, National Basketball Association all-time minutes leaders 1946-2022, Regular season attendance WNBA games 2022, Average ticket price in the NBA by team 2015/16, Beer prices at NBA games by team 20154/16 season, National Basketball Association: price of a hot dog at games by team 2015/16 season, Fan Cost Index of NBA teams 2015/16 season, Average league-wide Fan Cost Index of the NBA 2022, National Basketball Association: price for a soft drink at games by team 2015/16, National Basketball Association: average concession stand prices 2011-2016, NBA - venue and stadium renovation / construction costs 1989-2009, First round NBA playoffs ticket prices by team 2014, Top 10 most valuable NBA teams - brand value 2012, African American representation in the NBA in 2022, Share of NBA's international players 2010-2020, Days women with children spend traveling compared to those without in the U.S. 2014, United States: Survey on effects of overusing antibiotics 2014, Mexico: container ports 2019, by cargo throughput, Export value from Taiwan to the U.S. 2011-2021, Responsibility for purchases of everyday goods in the U.S. 2019, National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. The NBA made $150 million in revenue when its patch program was introduced in 2017. Publicly, the 76ers claim they want to retain Simmons and repair a damaged relationship. To use individual functions (e.g., mark statistics as favourites, set How Much Does Big Tech Make Every Minute? The KHL has 24 teams in its current 202122 season. Despite remaining competitive and making it to the NBA Finals this past season, the Celtics have dropped a couple of spots on this list over the years. The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season.. The Bubble helped the NBA recuperate 1.5 billion dollars in revenue that would've been lost. The record $165.7 million total includes $2.5 million from online poker, which actually declined 1.5% year-over-year. Accessed April 18, 2023. https://www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/, Forbes. . NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. Utah Jazz had the largest operating income in 2021, with $96 million. Some companies opt for a dual-class share structure, where one class is offered to the public, and another is reserved for founders and executives. (Scheduling may have played a factor, as fewer people were watching TV this July, the NBA says.). This data was compiled by Jay R. Ritter, Cordell Professor of Finance at the University of Florida. Dual-class share structures are rising in popularity, and they give executives much more voting power within a public company. As soon as this statistic is updated, you will immediately be notified via e-mail. DeAaron Fox Continues to Elevate to Superstar Status as Kings Take 2-0 Series Lead, Comparing Salaries For The Highest-Paid NBA & NFL Players in 2023-24, WATCH: Jaren Jackson Jr. reacts to winning Defensive Player of the Year, ACC Player of the Year, Isaiah Wong, is foregoing his final year of eligibility and will enter the 2023 NBA Draft, WATCH: Lamar Odom picks Lakers to win NBA championship if healthy. Get the best reports to understand your industry. In this section, well present a quick overview of the largest contracts in NBA history. The big moment arrives Friday when they play the Nets in Philadelphia. Market-adjusted returns are the difference between the assets return and the indexs return. The average price of NBA game tickets grew 50% over the last 10 seasons. $800 million was lost in gate receipts. $400 million was lost in sponsorship and merchandise. COVID-19 contributed to the NBA losing $1.5 billion in revenue in 2020. . 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. This is a 5% increase from a year before. That was the leagues target goal. Los Angeles Lakers hold the largest local TV contract, earning $149 million annually. (link to highest-paid players page). The New York Knicks are second ($6.1 billion . The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). That's a problem if "generally 99%" of NBA fans "never step foot in an NBA arena," as the league said in the past. 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. data than referenced in the text. But Harden is a former NBA MVP and 11-time All-Star. Compared to other sporting events, they are quite cheap. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. NBA media partners were also banking on the Nets. When asked about these accomplishments, NBA commissioner Adam Silver released a statement to the press, The numbers did surprise me to a certain degree because it exceeded, and the projections represent where we think our business is going. 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. "We lost significant amounts of money. 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? During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. Oregon State students are second with 12.2%, followed by Wake Forest (11.2%). Read our list of the best online sportsbooks. Almost everyone knows that the NBA generates huge revenue every year. 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. Brooklyn Nets have the lowest operating income in the NBA with a negative $80 million. And the league wouldn't mind a Nets versus Los Angeles Lakers NBA Finals as it draws the top two TV markets. Regional sports networks are facing difficult challenges, such as cord-cutting. Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Research expert covering sports and video gaming, Profit from additional features with an Employee Account. The league said games between Dec. 22 to Dec. 25 averaged 3.4 million viewers. By the end of the 2020-21 season, the league generated roughly $6.41 billion. $200 million was lost as a "net negative impact" from the aftermath of Daryl Morey's tweet promoting Hong Kong freedom in 2019. And before the pandemic, league executive Amy Brooks projected a 30% increase. Source: Forbes The expenses of the Orlando Bubble were $190 million, $10 more than planned. This stems from. Please do not hesitate to contact me. Santiago Bernabu Stadium, The home of Real Madrid Club de Ftbol, the most valuable Association Football team in the world in 2023. This text provides general information. The non-peer-to-peer iCasino offerings saw revenue climb 18.2% over March 2022. The NBA's national media rights are tied to its high franchise values. On Tuesday, the NBA will see if any one of its games will surpass 3.5 million viewers. RunRepeat possesses the largest basketball shoe database online. Are you interested in testing our business solutions? Silver, 59, also reiterated the cable TV bundle needs fixing, as regional sports networks are threatened by cord-cutting. Visit Salary.com to find out thunder.nba.com salary, thunder.nba.com pay rate, and more. Associated Press September. exchange rate of 1 EUR = 5.0967 AED for May 2014 used here. NFL teams average more revenue, as well. Due to not being a public entity, the NBA chooses to not release detailed financial reports to the general public. Nakib is a passionate and inspirational leader with the ability to empower individuals and create high-performing teams. 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. Chart. 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. 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