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] 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. /Ascent 905 It tends to lag behind some of the other revenue streams mentioned above. /Parent 5 0 R 53 0 obj The TV ratings for NBA's playoff games declined dramatically, down 37% compared to 2019. The NBA makes money primarily through television, merchandising, sponsorships, and tickets. /Font << /ExtGState << /F4 70 0 R The revenue of 30 NBA teams in 2021 stands at $6.41 billion. We analyzed NBA revenue data over the last 20 seasons and now presenting you 66 stats on how NBA generates money. The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season. endobj This deal is a 245% increase in annual revenue compared to the previous deal with Addidas, worth $51 million annually. /F3 70 0 R >> /Count 49 On Tuesday, the NBA will see if any one of its games will surpass 3.5 million viewers. /F0 63 0 R /F0 63 0 R This graph depicts the average operating income per franchise in the National Basketball Association from the 2001/02 season to the 2021/22 season. >> endobj /F3 67 0 R /Contents 162 0 R /CapHeight 716 That cost the NBA $200 million. /FontName /ArialMT The loss of ticket sales alone is estimated to cost each team nearly $2 million on average per game.. >> /Encoding /WinAnsiEncoding 46 0 obj This past summer, the NBA raised the debt limit to $325 million per team. /DR << /F3 67 0 R /Type /Page /Type /Page /F2 62 0 R >> 45 0 obj As the NBA and National Basketball Players Association discuss start dates and financial amendments to the collective bargaining agreement, the potential for a grim financial landscape without fans in the 2020-21 season looms over the league. National Basketball Association (NBA) - Statistics & Facts /Font << >> /F0 62 0 R >> /Type /Page endobj As in most pro sports, NBA teams make their money from a combination of ticket sales, suite sales, naming rights and local TV and radio deals, as well as leaguewide media, merchandising and sponsorship revenues. /Font << /F0 63 0 R /Type /Page 60 0 obj Still, some franchises carry no debt. The offers that appear in this table are from partnerships from which Investopedia receives compensation. /Parent 5 0 R /F1 62 0 R 47 0 obj /F0 63 0 R << /F3 67 0 R >> /F2 76 0 R /MediaBox [0 0 595.2 841.919] ESB Annual Results and Accounts 2019; ESB Tuarascil Bhliantil 2019; ESB Investor Presentation March 2020; Interim Results. >> /GS0 130 0 R 24 0 obj /Resources << /GS0 159 0 R 57 0 obj "Will they be big media contracts from people who are on cable in broadcast TV? /Type /Page << 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. Before the rift, the NBA's business in China was worth about $5 billion. << n3arS6lRA Some own their arenas; others leaseand those terms are hardly uniform. << >> /Font << endobj /F1 62 0 R << /F0 63 0 R The 2021 NBA Offseason Financial Report | Spotrac Research /F3 67 0 R << And the league launched its Africa business that's estimated to bring in $1 billion. NBA | Novabase SGPS S/A Annual Income Statement | MarketWatch /GS1 125 0 R /MediaBox [0 0 595.2 841.919] >> The next step is aligning the NBA with a post-Covid world. The 76ers open the season on Wednesday in New Orleans. /MediaBox [0 0 595.2 841.919] << NBA teams are notsold that frequently, but when they are, records break every time. >> /GS0 180 0 R The league is currently under the largest media contract in the league's history. Get in touch with us now. /F3 67 0 R Details and information are projected on a screen during the announcement of the The NBA-backed Basketball Africa League (BAL) at the Museum of Black Civilisations in Dakar, on July 30 2019. /Resources << Although players who aren't vaccinated can still play in road games, the Nets didn't want to risk team continuity. The NBA's Business Model - Investopedia /F4 92 0 R 2 0 obj /Contents 117 0 R /Contents 86 0 R "Sports Money: 2020 NFL Valuations. /F1 62 0 R /F4 70 0 R 556 556 556 556 556 556 556 556 556 556 278 278 584 584 584 556 And just as teams are constructed differently on the court, business models vary greatly among franchises. Research Expert covering finance in the UK & Europe. We are happy to help. For instance, Alibaba (BABA) Joe Tsai purchased a 49% stake in the Brooklyn Nets last year for a rumored $1.15 billion. /Type /Page << The Business of Basketball: Forbes Releases 22nd Annual NBA Team Valuations /Type /Page /Resources << data than referenced in the text. /GS0 96 0 R 27 0 obj The NBA made $150 million in revenue when its patch program was introduced in 2017. 2021. stream /ExtGState << The Nets have sidelined Irving, who was scheduled to make $34 million this season, because he remains unvaccinated. The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season.. /Font << 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 , Jan 9, 2023. /Parent 5 0 R /F2 76 0 R 1. /ExtGState << /MediaBox [0 0 595.2 841.919] However, that's not to say that ticketing doesn't contribute at all. /Type /Page /Type /Page Fiscal Responsibility and Budget Systems Law. /GS1 121 0 R NBA set record $1.46 billion in sponsorship revenue this season - CNBC Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. /F1 62 0 R /F4 70 0 R National Basketball Association. endobj NCBA Unit Trust Funds Annual Reports and Financial Statements 2019 pdf 5 MB. /MediaBox [0 0 595.2 841.919] LAK: The currency abbreviation or currency symbol for the Lao kip (LAK), the currency of Laos. /Type /FontDescriptor /F1 62 0 R /Contents 60 0 R << /Type /Page /MediaBox [0 0 595.2 841.919] /Flags 32 But it was way down from the six-game series between the Warriors and Toronto Raptors in 2019, which averaged 15.1 million viewers. /Subtype /Type1 /XObject << endobj In 2021 . << /Parent 5 0 R NBA League Financials | Spotrac NBA Salary Cap History A look at the history of the NBA's salary cap, luxury tax, minimum & maximum salaries, & exceptons. >> /ExtGState << /F2 76 0 R /Resources << /Parent 5 0 R >> /F2 76 0 R >> The average revenue of an NBA franchise was $213.5 million in the 2020/21 season. NBA vs WNBA: Revenue, Salaries, Attendance, Ratings - World Sports Network /Im0 108 0 R How the coronavirus outbreak could impact the NBA's salary cap for the 2020-21 season. He is also the co-author of Control Your Cash: Making Money Make Sense. /Type /Page /Parent 5 0 R /Resources << << >> All Rights Reserved. /F3 67 0 R >> Check the Financial Statements of NBA.LS , Novabase S.G.P.S., S.A. stock! 1. /F2 76 0 R The expansion into China and throughout the globe is a strategic one and is likely to generate an increasingly larger share of the NBA's overall revenue for years to come. A quick drive down Interstate 95, the Philadelphia 76ers are also garnering distracting headlines around the future of all-star Ben Simmons. The NBA bubble in Orlando recouped $1.5 billion in revenue that would've been lost without restarting the season, sources said. /MediaBox [0 0 595.2 841.919] 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. 44 0 obj << /Parent 5 0 R /Contents 82 0 R /Parent 5 0 R >> /F3 67 0 R >> The Chicago Bulls had the slowest average annual growth since 2000, with a 3.6% increase annually. 35 0 obj The NBA makes money primarily through television, merchandising, sponsorships, and tickets. /F3 67 0 R statements of financial position as of December 31, 2020 and 2019, and the related consolidated statements of activities, functional expenses and cash flows for the years then ended, and the related notes to the consolidated financial statements. In 2002, the NBA decided to partner with ESPN and ABC, signing a 6-year, $2.4 billion deal ($400 million/year). /Parent 5 0 R >> >> /MediaBox [0 0 595.2 841.919] >> /GS0 185 0 R /MediaBox [0 0 595.2 841.919] In 2007, the NBA extended its deal with ESPN, ABC, and Turner Sports, worth $7.4 billion over 8 years. Television Rights, Merchandising, and Ticket Sales Are Primary Revenue Sources. /MediaBox [0 0 595.2 841.919] >> 400 549 333 333 333 576 537 333 333 333 365 556 834 834 834 611 /Contents 179 0 R The jersey patch program was launched in 2016, and on average, the advertisements on the jerseys have netted teams $9.3 million annually. >> /Type /Page >> 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. /F3 70 0 R /F0 63 0 R /ExtGState << /GS0 72 0 R /Resources << >> 2020/21 season was fourth in a row with sponsorship revenue exceeding $1 billion in a year. The NBA is considering releasing the schedule in halves to increase flexibility, allowing for postponements that are likely inevitable with coronavirus outbreaks. "The revenue that comes from people enjoying our games, who are not in the stadium, I don't think that is going to bust. /Type /Page /F0 63 0 R Prior to joining NIKE, he worked in the financial industry including roles as VP of investment banking and mergers and acquisitions at Goldman Sachs and Morgan Stanley. Euroleague Basketball has announced that overall revenues in Europe's . /F2 67 0 R /Font << Methodology: Revenues and operating income are for the 2018-19 season and net of revenue sharing and arena debt, service. Live sporting events remain popular despite the increasing trend of streaming TV programs and the widespread use of DVRs. /GS0 161 0 R The NBA's big trade last season involved Harden. Operating income is earnings before interest, taxes, depreciation and amortization. /Type /Page /MediaBox [0 0 595.2 841.919] Fax: 22605043 >> /F1 62 0 R /ExtGState << The NBA is celebrating 75 years in business, and the next few will be pivotal for Silver's league. But while it repairs its affairs in China, the NBA is targeting India and its growing middle-class.