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Heres a look at the six markets that seem the most prepared and probable to be on the short list for WNBAexpansion: During the fall of 2019, the Nashville Sports Authority board commissioned CAA Icon a consulting firm that works with venue owners and operations, professional sports franchises and sports leagues to conduct market research on the viability of and interest in a professional womens sports team in the city. Take, for example, the New York Knicks. While WNBA statistics have yet to be revealed, a number of those teams are said to have been supported by NBA ownership. 1-4 in the 2022 WNBA Draft, the base salary is expected to be $72,141 in year one. The Ducks peaked at the No. Based out of Milwaukee, the Bucks compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Central Division. That union provided the Sky with their best record (24-10) in 2013 when Delle Donne was Rookie of the Year, and the next season the Sky reached the WNBA Finals, where they were swept by Phoenix. League sources believe Philadelphia has potential as an eventual expansion city, but it would likely mean the involvement of the 76ers both financially and in terms of an arena. The Sparks were originally based in San Francisco but moved to Los Angeles in 2005. It has just never been the right time. Los Angeles Clippers. 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. Playoff appearances (record): Four (6-9) With an ownership group already vetted by the NBA and their own arena, the Warriors loom as a strong option if the league decides to enter the fray to bring an expansion team to the Bay Area. Bird has been a key factor for all four titles and is a primary icon of the WNBA. The New York Knicks are also the most valued franchise among the National Basketball Association's 30 franchises (NBA). Stiles had a strong rookie season but had the first of many major surgeries when it ended and played just 21 more games in the WNBA, all in an injury-plagued 2002 season. It was none other than the NBA itself who took the initiative of doing this. 2,$5.6 billion) and the Los Angeles Lakers (No. But they fell to Charlotte in the East semifinals. Finally, people are understanding the value of the WNBAand what we offer.. Franchise journey: The Miracle were part of the Orlando Magic organization and had some real talent in their short stay in Florida. Teams cannot rely on a large national media rights deal. Playoff appearances (record): Seven (8-18) 1 pick in 2022. The Atlanta Dream is changing ownership hands, putting an end to more than a year's worth of controversy under its former co-owner, ex-Senator Kelly Loeffler. While the average highest listed price is $233. Figures in USD $6200M for a 5-year period, so for the 2023 season this is USD $1240M for the League, $124M per team, $16.7M per match) Note that this is only the revenue from the sale of media rights to broadcasters. The No. WNBA career stats leaders: Elena Delle Donne in free throw percentage (93.9) and offensive rating (124.85) Thibault is now in his ninth season with Washington, which also traded for Delle Donne before the 2017 season. In order to identify the most viable places for a WNBA expansion team, the league will consider a number of priorities and categories and will run each city through 25 data points within five categories: demographics, psychographics (market research or statistics classifying population groups according to psychological variables), sports benchmarks, viewership and fan data. 1 draft picks in 2017 (Plum), 2018 (Wilson) and 2019 (Young). (The Comets dedicated that season to her.). Regular-season record: 422-390 The Storm are owned by Paul Allen and his company, Index Investment Company. Face of the franchise: Teresa Weatherspoon (1997-2003) If and when we do it, which we are interested in doing, we want to do it right. The Blazers have leases with the city of Portland for both arenas. Theres no crisp or clear formula, but you see cities that rise to the top pretty quickly, Engelbert said. Face of the franchise: Deanna Nolan (2001-2009) The latest ranking reported that the Golden State Warriors is the most . The league called it "the largest-ever capital raise for a women's sports property." . Joe Tsai. Regular-season record: 210-186 The average NBA team is worth $1.9 billion, up 13% over last year and three times the level of five years ago. WNBA salary: $170,000. The Mohegan Tribe in Connecticut, which had an arena at the Mohegan Sun Casino and wanted to capitalize on the popularity of women's basketball in the state thanks to UConn, bought the Miracle. Cambage's selection as the face of the franchise is ironic. So much has changed to the positive, to the momentum around womens sports. Face of the franchise: Angel McCoughtry (2009-2019) How much each NBA team is worth in 2021: New York Knicks: $5 billion. Nashville Municipal Auditorium seats only 8,000, but it currently only hosts home events for the Nashville Roller Girls on a monthly basis so scheduling would be easier than at Bridgestone. They had been the Orlando Miracle, affiliated with the Orlando Magic, and were just getting established after four seasons. Face of the franchise: Arike Ogunbowale (2019-present) Top editors give you the stories you want delivered right to your inbox each weekday. Such feats have undoubtedly increased her value and as such, she is now one of the highest-paid in the WNBA. . Playoff appearances (record): Eight (17-21) Revealing those values is taboo across the league. Playoff appearances (record): One (1-2) Other notable stars: Rushia Brown, Suzie McConnell Serio, Chasity Melvin, Eva Nemcova, Penny Taylor, Ann Wauters. Low point: Failing to follow up their postseason breakthrough, going 13-19 in 2001. At only 31 years old, she is a five-time WNBA All-Star, a three-time All-WNBA First Team honouree, the WNBA's Most Improved Player, and many other notable accomplishments. Other notable stars: DeWanna Bonner, Skylar Diggins-Smith, Candice Dupree, Brittney Griner, Cappie Pondexter, Tangela Smith, Penny Taylor. The Lynx went 13-21, their last losing season. MVPs: None Even if 76ers ownership were to get involved, they do not control dates at the building. Adding international commercial travel to league scheduling would only exacerbate the problem. Which is the most valuable team in the WNBA? Other notable stars: Vickie Johnson, Ann Wauters, Sophia Young-Malcolm, Kayla McBride, Jia Perkins, Ruth Riley, Danielle Robinson. Other notable stars: Katie Douglas, Shannon Johnson, Elaine Powell, Nykesha Sales. The Yankees and Knicks have the same owner: James Dolan. Regular-season record: 72-44 WNBA career stats leaders: Margo Dydek in blocks (877) and block percentage (8.99); Jennifer Azzi in 3-point field goal percentage (45.8) Ogunbowale and Mabry, former Notre Dame teammates, have clicked again in the WNBA. Were definitely looking to significantly enhance the financial performance of many of our teams, but many of our teams are still in big investment mode, she said. Franchise journey: One of the original eight WNBA franchises, the Monarchs were affiliated with the Sacramento Kings and owned by the Maloof family, which for several years was very involved with the Monarchs. Value: $4.6 billion. It was named one of the WNBAs inaugural Gamechangers (an investor program launched by Engelbertin 2020), was an investor in the recent capital raise and owns equity in the league. Then majority owner Bill Cameron moved the franchise to Dallas, where the Wing are still seeking their first winning record. The average price of a ticket is just over $100. The Nets played their home games at the Barclays Center until they moved into their new arena, called Atlantic Avenue Arena &; Factoring Office Building, in 2019. The incoming WNBA team would be able to play at either the Moda Center, where the Blazers play, or Veterans Coliseum, a 12,000-seat arena next to the Moda Center. Others who had been with the 2009 Shock but did go to Tulsa -- such as Plenette Pierson, Shavonte Zellous and Kara Braxton -- were traded during that first season by coach/general manager Nolan Richardson. This is below the cost of most NBA games today. WNBA career stats leaders: Cheryl Ford in total rebound percentage (20.47) The New York Knicks are the most valuable franchise in the NBA, with an estimated value of $4 billion. Owners: Jerry Buss Family Trusts, Mark Walter, Todd Boehly, Owners: Wycliffe Grousbeck, Irving Grousbeck, Stephen Pagliuca, Robert Epstein, Owners: Bell Canada, Rogers Communications, Larry Tanenbaum, Owners: Holt family, Sixth Street Partners, Owners: Wes Edens, Marc Lasry, Jamie Dinan, Owners: Clayton Bennett, George Kaiser, Aubrey McClendon estate, Owners: Glen Taylor, Marc Lore, Alex Rodriguez. The Lynx resembled their parent organization, the NBA's Minnesota Timberwolves, in lack of success. And the Los Angeles Sparks, Phoenix Mercury, Sacramento Monarchs, and Utah Starzz were in the Western Conference. High point: The 2012 title gave the future Hall of Famer Catchings a WNBA championship, and her college coach Pat Summitt was in attendance for the clinching victory. Playoff appearances (record): Six (8-14) Ticket sales account for $50 million, or more than 83 percent of the WNBA's overall revenue. And were also looking at our current WNBA franchise cities and comparing what lessons weve learned and whats worked and not worked over the last 25 years. Other notable stars: Allisha Gray, Liz Cambage, Skylar Diggins-Smith, Isabelle Harrison, Glory Johnson, Marina Mabrey, Satou Sabally, Kayla Thornton. A clear choice as the WNBA's best point guard, Vandersloot earned back-to-back All-WNBA First Team nods on the strength of her record-setting assist rates. Regular-season record: 87-99 They pay for the potential and so the WNBAis becoming a major part of the conversation as we speak.. Were a very different league when some of those transactions occurred. Playoff appearances (record): One (1-2) Low point: Going 14-20 in 2012, their seventh consecutive season missing the playoffs with a losing record since the franchise launched in 2006. He loves watching all types of sporting events and has made it his personal mission to attend every game he can. As the WNBA looks to grow, Lacob and the Warriors are interested in bringing a team to San Francisco, whether thats an expansion team or even an existing one. That means selling tickets and making it successful. There were even discussions about having some games played in Europe. 2 in the 1999 WNBA draft, which included many players (like her) who were from the defunct ABL. Hammon is still in San Antonio, as a Spurs assistant. Playoff appearances (record): Two (2-5) There was definite fan interest and a good relationship between the Spurs and Stars. Bob Johnson, owner for the expansion Charlotte Bobcats who were entering the NBA in 2004, bought the Sting. but the NHL's Washington Capitals, two arena football teams, a WNBA team and Capital One Arena. First-year Wings coach Vickie Johnson has a lot to work with, but it's also a tough league in which to be this young. Austin Crumble. Plum and Hamby are the key players from San Antonio still with Las Vegas. The arena is owned by the city, which would allow for necessary upgrades through tax increment financing. So Dallas has its fate in its hands, and could move up quite a lot in the next few years. MVPs: Yolanda Griffith (1999) High point: Avenging a 2016 WNBA Finals loss to the Los Angeles Sparks by winning the 2017 Finals, also against L.A. Face of the franchise: Jackie Stiles (2001-02) Regular-season record: 71-113 Mark Davis bought the Aces from MGM last year for a little over $2 million. Franchise investors are looking past the dearth of fanswhich cut average revenue for the leagues 30 teams by 19% from the 2019-20 season, to $214 millionwith eyes on a big rebound: An increasein sponsorship revenue coupled with fans returning to arenas this season should push the leagues revenue to an all-time high of at least $10 billion,10% above the2018-19 campaign, the last full season before the pandemic. Memphis Grizzlies: $1.36 billion. WNBA career stats leaders: Courtney Vanderslooot in assists per game (6.7) But it hasn't always been a 12 team league. Tulsa went 7-38 under Richardson, who resigned 11 games into his second season. Regular-season record: 60-68 The Wings had the top two picks in this year's admittedly weak draft. MVPs: None Knicks of New York Forbes released a list of the most valuable sports franchises on Friday, with the New York Knicks ranking first in the NBA. The league announced Friday afternoon that it had approved sale of the franchise. The 31-year-old female professional basketball player was in 2014 named the ambassador for Special Olympics.. On top of that, Ellena has won two WNBA Most Valuable Player Awards (2015 and 2019) and became the first WNBA player to join the 50-40-90 club.She has not played much professionally overseas, only taking part in the regular basketball season in the U.S. 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. Face of the franchise: Alyssa Thomas (2014-present) Fawknotson remains optimistic about Nashvilles chances for WNBAexpansion. The Sol were affiliated with the Miami Heat and were coached by Ron Rothstein, who had been the Heat's first coach when they joined the NBA in 1988. They officially were the "Silver Stars" from then through 2013, then just the "Stars" their last four seasons. The current salary cap for the NBA is about $75 million US dollars; this limit is set by each team in order to maintain financial stability. Toronto Raptors - $2.1 Billion. But the Wings haven't done much yet, losing single-elimination games in their two playoff appearances. ^ Cited revenue was AUD$1.547B; exchange rate of 1 euro per AUD$1.61 for 2019 season used here. The league billed the raise as the biggest ever for a "women's sports property." It includes a roster of A-list investors from the basketball community, as . WNBA owners now own 42 percent of the league following the raise, while NBA owners hold the other 42 percent share previously they had a 50/50 split with the new investors owning the rest. Other notable stars: Tully Bevilaqua, Jessica Davenport, Katie Douglas, Briann January, Erlana Larkins, Tammy Sutton-Brown, Shavonte Zellous. Sources say Sykes, who lives in Pennsylvania part-time, is a part of a group with interest in bringing an expansion team to Philadelphia. The Miracle's potential wasn't fully realized in four years in Orlando, but it blossomed when the Sun -- led by players like McWilliams-Franklin, Sales and Douglas -- made back-to-back WNBA Finals appearances in 2004 and 2005. Theprivate equity firmalsobought just under 5%of the Golden State Warriorsat a$5.5 billion valuation in April, thehigh-water markfor a minority stake and 17% above our last estimate. Face of the franchise: Margo Dydek (1998-2002) Houston would win just four more playoff games from 2001-2008 before folding after two seasons under owner Hilton Koch, who had bought the team from Alexander. When Alana Beard retired from the WNBA she had a number of potential career routes, including coaching, available to her after a 15-year playing career. The value of their franchise is $125 million. New Orleans Pelicans: $1.35 billion. We have a process that were following, and were excited to get to the next steps on this, Engelbert said. The Liberty lost Game 3 and the series, but "The Shot" lives on. Arctos Sports Partners nabbed a 17% stake in the Sacramento Kings at a $1.84 billion valuation last month,just above our February estimate of $1.825 billion. The Stars' struggles in their final years in San Antonio helped lead to consecutive WNBA No. She has served in Russian basketball clubs like BC Chevakata Vologda and PBC Nadezhda Orenburg. Florida grad Jones gets credit as the only player who was with the Rockers start to finish. Thats an increase from 2020, when the average team valuation crossed $2 billion for the first time, according to Forbes. Los Angeles Lakers: $4.6 billion. Beard, who is Black, said she wants to bring a team to Oakland, in part, to change the profile of who a team owner is and to create more access and opportunities for other women that look exactly like me.. Championships: Three (2001, 2002, 2016) Face of the franchise: Lisa Leslie (1997-2009) The WNBA was founded with only eight teams. Were going to try to change the narrative and change the actual quantitative valuation model, Engelbert said. Three people familiar with the leagues expansion process said they have been operating under the premise the WNBA is looking at an expansion fee worth $15-20 million, while another said the league has not yet given interested parties a definitive number. Franchise journey: They made four playoff appearances in their seven seasons, but the Rockers were gone before they really had a chance to make an impact. The Warriors opened the Chase Center in 2019, a self-funded arena in San Franciscos Mission Bay area which could host a WNBA season if they bring in a team. Playoff appearances (record): One (0-2) Engelbert named the NHL, NASCAR and MLS as peers in terms of viewership numbers but also as leagues with annual rates five to 15 times higher than the WNBA. They also own MLB's Los Angeles Dodgers and NFL's Los Angeles Rams. Engelbert, however, said she does not believe those precedents are in play for franchise valuations going forward. The New York Liberty, Las Vegas Aces and Atlanta Dream have all been sold in recent years, but the sales prices for all three franchises are in that range. Other notable stars: Tina Charles, Katie Douglas, Margo Dydek, Jonquel Jones, Asjha Jones, Kara Lawson, Taj McWilliams-Franklin, Renee Montgomery, Nykesha Sales, Jasmine Thomas, Lindsay Whalen, Courtney Williams. If you look at the NFL, were getting $10.1 billion a year for television and the WNBA is getting $30 million a year. A team can have more than one player make over the cap, but they can't have more than $113 million US dollars in total contract obligations. Engelberts primary responsibility through the first three years of her tenure has been to transform the WNBAs economics. So I think our newest data is our capital raise and the huge, huge commitment we got from that investor group.. The wondrously talented Stinson is the franchise's all-time scoring leader but point guard Staley -- who came to the league in 1999 from the ABL -- became the heart of the team. Commissioner Cathy Engelbert told The Athletic she hopes to identify one or two cities for an expansion franchise by the start of the WNBA playoffs in September or by years end at the latest. Franchise journey: The Mercury seem to have had the most ownership stability of any WNBA franchise. Signing Chicago native Candace Parker as a free agent for this season was part of the Sky pushing their chips toward the middle of the table while she and the VanderQuigs are still in a championship window. Expansion has been the hot-button issue of the WNBA through the entirety of Engelberts tenure as commissioner. Now, Beard is the frontwoman for the African American Sports & Entertainment Group, a collective trying to bring a franchise to Oakland, with local entrepreneurs like Ray Bobbitt and NBA super-agent Bill Duffy on board and Loop Capital as a financing partner. That growth has been steady during the playoffs and finals too, though not as steep the WNBAaveraged 346,000 viewers per playoffs and finals game in 2017, 258,000 in 2019, and 367,000 last season. When the league began in 1997, it was not expected to be profitable or even break even. Other notable stars: Kahleah Copper, Diamond DeShields, Stefanie Dolson, Candice Dupree, Sylvia Fowles, Candace Parker, Cheyenne Parker, Epiphanny Prince, Allie Quigley, Tamera Young. MVPs: Nneka Ogwumike (2016), Candace Parker (2008, 2013), Lisa Leslie (2001, 2004, 2006) Said one league source: Logistically Toronto would be difficult until the league moves to charter flights. The earliest opportunity to amend the WNBA travel restrictions would be during the next CBA negotiations (which the league or WNBPA can opt out of in November 2024), and as of now, sources say, less than half of league owners have been vocal in their support of chartering flights.