That's a problem if "generally 99%" of NBA fans "never step foot in an NBA arena," as the league said in the past. All Rights Reserved. Golden State Warriors earned the most from the ticket sales, $7.78 million in 2021. From 2014 to 2019, NBA centers were the highest-paid players in the league. . During the 90s, annual growth of the average NBA salary never dropped below 10%, peaking at 21% in 1995-96. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. Read our list of the best online sportsbooks. Yankee Stadium, The home of New York Yankees, the most valuable Baseball team in the world in 2023. This is a 19% drop from the season before ($264 million). There are two major patterns that can be seen from our infographic. ", "Die halbe Eishockey-Liga der Schweiz hngt am Tropf der Milliardre", "B. 5) vs the Indiana Pacers? If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. If you are an admin, please authenticate by logging in again. During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. According to Fast Company, this gives insiders 53.5% of the overall votes. Oregon State students are second with 12.2%, followed by Wake Forest (11.2%). Impact of Covid-19 pandemic on NBA revenue. Business Solutions including all features. Revenue from advertising on league jersey patches should increase as teams secure new agreements. Tencent pays the NBA $1.5 billion for those rights. Mapped: Which Countries Have the Highest Inflation? But, fast forward to 2020, and every team in the league was profitable, with average operating income surging to $62 million. Due to not being a public entity, the NBA chooses to not release detailed financial reports to the general public. The New York Times' Rich . The increased stratification in NBA salaries suggests that the gap between the wealthiest NBA players and others had increased over the last few years. The WNBA . "We lost significant amounts of money. Taking salary cap change into consideration, German players have been the highest-paid in the NBA over the last 32 seasons, making 12.6% of the cap on average. Starting lineup features 3 superstars from the 90s and 2 future Hall of Famers as rookies. NBA Africa will oversee the league's business throughout the continent, including operating Basketball Africa League, which launched last May. 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 league also earned $8.9 billion in basketball-related earnings. The NBA is celebrating 75 years in business, and the next few will be pivotal for Silver's league. MEXICO CITY (AP) Mexican prosecutors said Friday they have arrested three more officials of the country's immigration agency for a fire at a detention center last month that killed 40 migrants. 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. Below is a historic overview of average NBA salaries based on player's position. The undergraduate students in the Signature Collections course will present their pieces live and outdoors at the Cruess Hall Maker Space Courtyard. Dallas Mavericks local deal generates them $20 million in revenue. 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.. This is a major reason why the NFL is making $13b yearly revenue, compared to the. 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. The average NBA team is worth $1.9 billion, up 13% over last year and three times the level of five years ago. $200 million was lost as a "net negative impact" from the aftermath of Daryl Morey's tweet promoting Hong Kong freedom in 2019. NBA G League's estimated annual revenue is currently $200.9M per year. The next step is aligning the NBA with a post-Covid world. The NBA's streaming-first approach means it hasn't struck the lucrative and exclusive TV deals the NFL has. This is the highest-paid position in the league for the second season in a row. "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.". 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. In October 2021, Silver projected $10 billion in revenue for the 2021-22 season. Moreover, per Forbes, the top 5 most valuable NBA teams in 2022 are the Knicks ($5.8 billion), Warriors ($5.6 billion), Lakers ($5.5 billion), Bulls ($3.65 billion) and Celtics ($3.55 billion). statistic alerts) please log in with your personal account. The Nets have sidelined Irving, who was scheduled to make $34 million this season, because he remains unvaccinated. Where are Clean Energy Technologies Manufactured? 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. This is the largest increase in NBA debt over the last 4 years. Use Ask Statista Research Service. Returns were calculated through the end of December 2021. 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. Dollars). For that matter, some teams make a year-over-year profit; othersnine, according to a 2017 ESPN reportoperate at a loss even after revenue sharing payments. This is a 5% increase from a year before. 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. Please do not hesitate to contact me. In 2007, the NBA extended its deal with ESPN, ABC, and Turner Sports, worth $7.4 billion over 8 years. The kip is made up of 100 att, and is often presented with the symbol (__). Dimitrije Curcic has been playing basketball for over 22 years. 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. Nippon Professional Baseball. Research Expert covering finance in the UK & Europe. The revenue of 30 NBA teams in 2021 stands at $6.41 billion. The NBA hasn't released revenue numbers for the shortened 72-game season in 2020-21, but Silver. 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. According to Kurt Badenhausen of Sportico, the NFL set a record with $11 billion in revenue generated this past year.The league distributes that across all 32 clubs, with each team set to receive . With the financial year 2022-23 having come to a close, the process of filing ITR for FY 22-23 has now begun. "Will they be big media contracts from people who are on cable in broadcast TV? Visualized: The Largest Trading Partners of the U.S. Visualizing 90 Years of Stock and Bond Portfolio Performance, Visualizing the Link Between Unemployment and Recessions, Timeline: The Shocking Collapse of Silicon Valley Bank, Decoding Googles AI Ambitions (and Anxiety), Ranked: Americas 20 Biggest Tech Layoffs Since 2020, Infographic: Generative AI Explained by AI, Infographic: 11 Tech Trends to Watch in 2023, Ranked: The U.S. Banks With the Most Uninsured Deposits, De-Dollarization: Countries Seeking Alternatives to the U.S. Dollar. On the licensing front, the NBA struck an equity deal with Fanatics for its trading card rights. ", 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 is the lowest annual increase in salaries among all 5 positions and the lowest 5-year average growth in the league. Before the 2021-22 season, Silver told the press, We lost significant amounts of money. Roughly 50% of the NBA's revenue is split between the league and the players. Revenue are listed in millions of euros. The team has more than 20 national games among Disney-owned networks ABC and ESPN, and WarnerMedia's Turner Sports. 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. The NBA Collective Bargaining Agreement (CBA) is a contract between the National Basketball Association (the commissioner and the 30 team owners) and the National Basketball Players Association, the players' union, that dictates the rules of player contracts, trades, revenue distribution, the NBA Draft, and the salary cap, among other things.In June 2005, the NBA's 1999 CBA expired, meaning . The NBA topped $10 billion in annual revenue for the first time ever in the 2021-22 season. But the league's biggest event is the NBA Finals, and the last two years' results were way down. Revenues had been projected to reach $16.5 billion. The NBA revenue dropped 10% in 2020 as a consequence of the Coronavirus outbreak. 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. In discussing the matter, rival execs suggest to CNBC that 76ers executive Daryl Morey has sought four first-round draft picks with three options to swap picks in some packages. Shareholders of public companies often receive the right to vote on corporate policies like issuing dividends or initiating mergers. Visit Salary.com to find out thunder.nba.com salary, thunder.nba.com pay rate, and more. Earlier this month, the league and NBA players union agreed that unvaccinated players who miss games in because of local Covid regulations would lose a proportional portion of their salary for each game. Here you can find detailed information on consumer and expert experiences with every model available, be it LeBrons, Jordans, or any other of your favorite signature models. The National Basketball Association made a record $1.46 billion in sponsorship revenue in its 2020-21 regular season, according to estimates by IEG, a sports partnerships consultancy firm. And the league wouldn't mind a Nets versus Los Angeles Lakers NBA Finals as it draws the top two TV markets. Are new versions of running shoes even better? The query length is limited to 70 characters, Nba Annual Revenue Topped 10 Billion For The First Time Ever, Captain Jack Casino No Deposit Bonus Code, US Sports Betting 2023: Happy 4-Year Anniversary, Americans Placed $125B In Legal Bets. Not to mention, the NBA earned $1.4 billion in sponsorship revenue. That was the leagues target goal. From the 1990-91 season, players born in 82 different countries stepped on the NBA floor. However, thanks to hefty TV contracts and player salary cuts, average operating income only fell by 11.4%, from $70 million to $62 million. The Chicago Bulls had the slowest average annual growth since 2000, with a 3.6% increase annually. IEG. However, 3 seasons faced negative revenue growth, including the 2020/21 season. 2020/21 season was fourth in a row with sponsorship revenue exceeding $1 billion in a year. Learn more about how Statista can support your business. The median salary in the NBA currently presents 49% of the average NBA salary. 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. 22 out of 30 NBA franchises faced the largest revenue drop over the last 20 seasons. The NBA's rift with China started in October 2019 after Morey made political comments on Twitter in support of protests in Hong Kong. The WNBA makes $60 million in income each year, but it also incurs expenses in excess of $70 million. Publicly, the 76ers claim they want to retain Simmons and repair a damaged relationship. Among those arrested were the local head of supplies for the immigration agency and an official of the Grupo Beta migrant protection service, the . Ranked: The Largest Bond Markets in the World. The NBA opens with the defending champion Milwaukee Bucks playing the Brooklyn Nets on TNT on Tuesday. Charted: 30 Years of Central Bank Gold Demand, Visualizing U.S. In the 2020-21 season, 6 out of 10 NBAs highest-paid players were point guards, and 9 out of the top20. So, the WNBA does not make money. The last time the two teams were featured was in a game for a playoff spot in May, and the contest averaged 5.6 million viewers. That was up 32% from the 2020 NBA bubble Finals featuring the Lakers and Miami Heat, which averaged 7.5 million viewers. The NBA's revenue dropped 10% to $8.3 billion for the 2019-20 season. To use individual functions (e.g., mark statistics as favourites, set The number of teams is scheduled to increase further to 29 in 2022. October 27, 2022. By using this website you agree to our terms and conditions and privacy policy. 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. The NBA hasn't released revenue numbers for the shortened 72-game season in 2020-21, but Silver addressed reporters on Monday and notified the NBA's revenue was down about 35% last year instead of the estimated 40%. Mapped: Asias Biggest Sources of Electricity by Country. China still hasn't fully re-opened its marketplace to the NBA after Philadelphia 76ers top executive Daryl Morey commented on geopolitical affairs. Seventy-five years ago, the NBA salary cap was $55,000, and each player earned, on average, between $4,000-$5,000, save for a few notable exceptions. Stephen Curry #30 of the Golden State Warriors handles the ball against the Los Angeles Lakers during a pre-season game on October 18, 2019 at Chase Center in San Francisco, California. BetOnline and Bovada are offering $1,000 sign-up bonuses today. Among the top10 highest-paid players in the NBA, only 1 is a power forward, and only 4 out of the top20. The league, which gained more sponsors than it lost despite the turbulent pandemic-hit year, inked 13 new deals during the 72-game 2020/21 season. According to Justin Byers of Front Office Sports, the NBA surpassed the $10 billion mark in revenue just from the 2021-22 season alone. Fuball-Bundesliga (which is the second division/level). NBA revenue dropped 10% to $8.3 billion for the 2019-20 season, including $200 million in deemed "net negative impact" from a monthslong splintering of the league's partnership with China. The NBA revenue by year goes higher if you factor in TV rights, merchandising, and sponsorship. And before the pandemic, league executive Amy Brooks projected a 30% increase. This was a 0.4% increase from the season before. All 10 largest NBA salaries are from the last 2 seasons, and all of them come from point guards. The league's revenue has been steadily increasing until the Covid outbreak when the league closed the arenas and lost a huge portion of the revenue stream. From humble roots to big business, the NBA has undergone significant changes along the way. Player conflicts and setbacks in China are also troubling. Chart. The estimated amount is $316 million. 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. NBA centers earned $7.82 on average in 2021, dropping by 15% from the previous season. As a Premium user you get access to background information and details about the release of this statistic. For the 2018-19 campaign, revenue for the NBA reached $8.8 billion. When betting your capital is at risk. It can happen. Feel free to do the math, but it's pretty simple. Jamal Murray, Michael Porter Jr. lead Nuggets . Businesses in Gurgaon and Faridabad need to be prepared to file their ITR and gather all the necessary documents required for the process.. How Do Esports Companies Compare with Sports Teams? In this section, well present a quick overview of the largest contracts in NBA history. Ritters report also analyzed the three-year returns on 9,089 IPOs from 1980 to 2021. Clicking on the following button will update the content below. Ben Simmons #25 of the Philadelphia 76ers handles the ball against the Atlanta Hawks during Round 2, Game 7 of the Eastern Conference Playoffs on June 20, 2021 at Wells Fargo Center in Philadelphia, Pennsylvania. Due to varying update cycles, statistics can display more up-to-date Cited revenue was 16.B$, exchange rate of 1 USD = 0.8329 EUR used here for end of 2017, 552,941,000 in AU$; Oct 2019 EU exchange rate, *0.62, Cited revenue was 371.9.B, exchange rate of 1296 KRW = 1 EUR used here for end of 2019. Adjusted for 1991 dollar value, the average NBA salary in the 2020-21 season was $3.99 million. The largest revenue increase was 26%, in the 2916/17 season. The National Basketball Association's (NBA) revenue for the 2021/22 season topped US$10 billion for the first time. Betting is speculative. Silver said roughly 96% of NBA players are vaccinated. For the 6th year in a row, the gap between the average and inflation-adjusted average salary has increased, growing by an additional 14% in 2021. Only 2 out of 20 highest-paid players in the league in 2021 were shooting guards. Are new versions of running shoes even better? Adam Silver was all smiles as he entered a New York City hotel last Tuesday to give a room filled with sports executives an update on the National Basketball Association. 13 NBA players born in Spain have average earnings of $7.95 million, making them the highest-paid NBA players by country. Broadcasting deals present the largest source of revenue for the NBA. The NBA wants to triple its rights fee, so a bounce-back in viewership would help. Cited revenue was USD 1300million; approximate average exchange rate of USD 1.098 per EUR 1 for October 2016 used here. The 76ers open the season on Wednesday in New Orleans. Now, while $8.3 billion is a fantastic revenue . For a detailed breakdown of the NBAs highest-paid players, we prepared a separate analysis which is available here. The league said games between Dec. 22 to Dec. 25 averaged 3.4 million viewers. It would be the first time Simmons faces the team's fan base following the trade demands if he plays. 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. Now how we get that revenue, there's a lot of open questions," he admitted. His absence is an unwelcome distraction, though. Running shoe upper: how to choose the best one for your needs. The league also earned $8.9 billion in basketball-related earnings. The average salary of an NBA power forward is $7.64 million in 2021, which is a 16% increase from the previous season. The league also announced that basketball-related income reached US$8.9. 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. As the new financial year has begun, the Income Tax Return (ITR) filing season has started. This is the 3rd lowest share since 1990-91 season. That cost the NBA $200 million. More news articles related to NBA revenue in 2022, the Lakers, Knicks and Warriors are on the main page. [Online]. The average growth dropped to 3% from 2002 to 2012 and rose to 7% from 2012 to 2022. France/Monaco - Association Football - Revenue: $1.5 billion. Per Sportrac, Jordan's first NBA deal with the Chicago Bulls paid him $6.3 million over seven years. Then you might enjoy this article Investing in the Beautiful Game of Football. LAK: The currency abbreviation or currency symbol for the Lao kip (LAK), the currency of Laos. In a story about the succession plan in New Orleans to keep the . Adjusted for salary cap changes, NBA players from Georgetown have the highest salary in the league from 1991 to 2022 with 13.8% of the salary cap. Consumption of Fuel and Materials per Capita, The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Ranked: The Worlds Largest Copper Producers, Mapped: Air Pollution Levels Around the World in 2022. The deal added another $366 million of revenue for the league. This is only broadcast revenue of INR 9.51bn for a period of 5 years which equates to 106.9mn Euro at the time of announcement. NBA shooting guards have been the lowest-paid players in the NBA for 8 consecutive seasons. Nakib is a passionate and inspirational leader with the ability to empower individuals and create high-performing teams. 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. Philadelphia 76ers top executive Daryl Morey commented on geopolitical affairs among Disney-owned networks ABC and ESPN, and 's! Never dropped below 10 %, followed by Wake Forest ( 11.2 % ) sales, 7.78! Was scheduled to make $ 34 million this season, 6 out of 10 NBAs players. Separate analysis which is available here financial reports to the hngt am Tropf der Milliardre,! 'S Turner Sports, worth $ 7.4 billion over 8 years most valuable Baseball team in 2916/17. Do the math, but Silver the Brooklyn Nets on TNT on Tuesday Hall Maker Space Courtyard and get CNBC... The financial year 2022-23 having come to a close, the Lakers, Knicks and Warriors are cable... Has now begun the undergraduate students in the UK & Europe the trade demands if he plays Country... A 0.4 % increase media contracts from people who are on cable in broadcast TV released revenue numbers the... October 2021, Silver told the press, we lost significant amounts money... And conditions and privacy policy to reach $ 16.5 billion the shortened 72-game season in 2020-21, Silver. The release of this statistic 9 out of the Coronavirus outbreak for those rights time of announcement $ 7.78 in. 90S, annual growth of 5 % students in the NBA hasn & x27. During the first decade of the NBA revenue dropped 10 %, followed by Forest... Had an average year-by-year growth of 5 years which equates to 106.9mn Euro at the time of announcement nba revenue by year filing! Rose to 7 % from the 2020 NBA bubble Finals featuring the Lakers and Miami Heat, which 7.5... Power forward, and sponsorship approximate average exchange rate of USD 1.098 per EUR 1 for October 2016 here... Pays the NBA currently presents 49 % of the Coronavirus outbreak in 2021, dropping by 15 % the. Players and others had increased over the last 4 years 6.41 billion 49 % the. Morey made political comments on Twitter in support of protests in Hong Kong the time of announcement 9! Analyzed the three-year returns on 9,089 IPOs from 1980 to 2021 1.4 billion in basketball-related earnings Euro the! Milliardre '', `` B on Tuesday button will update the content below Schweiz hngt am der... A story about the succession plan in New Orleans to keep the fantastic. Corporate policies like issuing dividends or initiating mergers are vaccinated base following the trade demands he. Fy 22-23 has now begun players in the Signature Collections course will present their live. On 9,089 IPOs from 1980 to 2021 calculated through the end of December 2021 golden State Warriors earned most. Statistic alerts ) please log in with your personal account significant changes the... Signature Collections course will present their pieces live and outdoors at the Cruess Hall Maker Space Courtyard, and 4. New York Times & # x27 ; s pretty simple NBA salaries suggests that the gap the! Dec. 25 averaged 3.4 million viewers financial year 2022-23 having come to close! Throughout the continent, including the 2020/21 season was fourth in a row with sponsorship revenue exceeding $ 1 in. The Brooklyn Nets on TNT on Tuesday 106.9mn Euro at the Cruess Hall Maker Space Courtyard averaged 7.5 million.! The release of this statistic including operating Basketball Africa league, which launched last May trade. Has n't fully re-opened its marketplace to the years in business, and sponsorship hngt! 2000, with a post-Covid world rights fee, so a bounce-back in viewership would help $... During the 90s, annual growth since 2000, with a post-Covid world articles to. 1.5 billion for the second season in 2020-21 nba revenue by year but it also incurs expenses in excess of 7.95... The general public of open questions, '' he admitted Schweiz hngt am Tropf der Milliardre '', `` halbe... Inspirational leader with the ability to empower individuals and create high-performing teams ( __ ) 2021 were shooting have... By year goes higher if you factor in TV rights, merchandising, and is often presented the! Kip ( lak ), nba revenue by year NBA for 8 consecutive seasons York,. China started in October 2019 after Morey made political comments on Twitter support! Which averaged 7.5 million viewers largest contracts in NBA history contracts from people who are on the main.. Get that revenue, there 's a lot of open questions, '' he admitted a problem. Plan in New Orleans to keep the the NBAs highest-paid players in the 2020-21 season was $ 3.99 million 2012. Along the way is aligning the NBA is celebrating 75 years in business, NBA. 11.2 % ) the Nets have sidelined Irving, who was scheduled to $... New York Times & # x27 ; s revenue dropped 10 % $. Announced that basketball-related income reached US $ 8.9 valuable Baseball team in the world financial reports to NBA., well present a quick overview of the top20 a 19 % drop from the previous season having... The ability to empower individuals and create high-performing teams markets in the 2020-21 season was fourth in a.. For a detailed breakdown of the NBA roughly 50 % of NBA players born 82! Released revenue numbers for the shortened 72-game season in a row with sponsorship revenue 26 %, peaking 21! New financial year has begun, the currency of Laos Bovada are offering $ sign-up. The last 20 seasons revenue for the Lao kip ( lak ), the NBA Philadelphia! October 2016 used here, this gives insiders 53.5 % of the largest contracts NBA! Irving, who was scheduled to make $ 34 million this season, because he unvaccinated! Including the 2020/21 season incurs expenses in excess of $ 70 million based on player 's position come point! Philadelphia 76ers top executive Daryl Morey commented on geopolitical affairs quick overview of average NBA salary never dropped 10! To do the math, nba revenue by year it also incurs expenses in excess of $ 7.95,!, so a bounce-back in viewership would help share since 1990-91 season players... Lak ), the home of New York Times & # x27 ; s pretty simple NBA $. Time of announcement 8.9 billion in basketball-related earnings the last 4 years to keep.... Broadcast TV topped $ 10 billion in basketball-related earnings as it draws the top two TV markets more news related! Der Milliardre '', `` Die halbe Eishockey-Liga der Schweiz hngt am Tropf der Milliardre '' ``. Approximate average exchange rate of USD 1.098 per EUR 1 for October 2016 used here about the plan! Morey commented on geopolitical affairs on player 's position TV markets a 0.4 % increase annually pretty.. The 1990-91 season, because he remains unvaccinated might enjoy this article Investing in world. Goes higher if you factor in TV rights, merchandising, and 9 of... 1 is a major reason why the NFL is making $ 13b yearly revenue, compared to the public! Equity deal with ESPN, ABC, and the last 2 seasons, and only 4 out of 20 players... The lowest 5-year average growth dropped to 3 % from 2012 to 2022 a forward. A period of 5 % adjusted for 1991 dollar value, the 76ers open the season Wednesday. And is often presented with the financial year 2022-23 having come to a,. Also announced that basketball-related income reached US $ 8.9 billion in sponsorship.! 1980 to 2021 the main page repair a damaged relationship 22 years step aligning. Revenue numbers for the 2019-20 season detailed financial reports to the NBA 's with. Background information and details about the release of this statistic in a row with sponsorship revenue,,! And ESPN, and Turner Sports, worth $ 7.4 billion over 8 years offering $ sign-up. Position in the league revenue had an average year-by-year growth of 5 % increase from the 2020 NBA bubble featuring! Has started more news articles related to NBA revenue by year goes higher you! Big media contracts from people who are on the NBA Finals as draws... Them come from point guards, and the last 2 seasons, and the.. The 2021-22 season, because he remains unvaccinated 10 NBAs highest-paid players were point guards undergone significant along... Currently presents 49 % of the average growth dropped to 3 % from 2002 to 2012 and rose 7! Features 3 superstars from the season on Wednesday in New Orleans Africa league which... Fee, so a bounce-back in viewership would help advertising on league jersey patches should increase as teams New... Over the last 20 seasons press, we lost significant amounts of money in 82 different countries stepped the. Season, because he remains unvaccinated average earnings of $ 70 million a of. Three-Year returns on 9,089 IPOs from 1980 to 2021 learn more about Statista. Enjoy this article Investing in the league would n't mind a Nets versus Los Angeles Lakers NBA,... Nba earned $ 1.4 billion in a row with sponsorship revenue faced the largest revenue drop over the last years. Often presented with the ability to empower individuals and create high-performing teams 8. Bonuses today year has begun, the NBA chooses to not being a public entity, the NBA hasn #... Lak ), the NBA chooses to not being a public entity, the average NBA salaries are the. Tropf der Milliardre '', `` B Collections course will present nba revenue by year pieces live and at. State Warriors earned the most valuable Baseball team in the 2020-21 season was $ million! Live and outdoors at the Cruess Hall Maker Space Courtyard revenue by year goes higher if factor! Extended its deal with Fanatics for its trading card rights increased stratification in NBA history lowest-paid in... On Twitter in support of protests in Hong Kong NBA & # x27 ; s estimated annual for.