HOW MUCH REVENUE DOES THE WNBA GENERATE?
The WNBA generates revenues of $60 million annually, but it also has costs in excess of $70 million annually. So, the WNBA does not make money. It has turned an average $10 million net loss (revenue costs) per year, since its inception in 1996.
One of the main reasons that the WNBA remains in existence is that it is subsidized by the NBA, which are able to sustain this $10 MILLION LOSS every year.
WNBA REVENUE SPLIT
There is no known information on how much of the leagues revenue comes from what sources, but with a little bit of math, we can figure out an estimate.
According to the Washington Post, WNBA games averaged about 7,716 in-person fans per game in 2017.
With an average ticket price of $16.88, and 12 teams playing 32 games each, that leads us to being able to account for how much of the WNBA's revenue comes from ticket sales;
Here's our calculations: 12 (teams) x 32 (total games/team) = 384 (total games played) x 7,716 (average attendance per game) = 2,962,944 total tickets sold
2,962,944 (total tickets sold) x 16.88 (average ticket price) = Just over $50M (total revenue from ticket sales)
As we stated earlier, the WNBA makes an average of $60 million per year in revenue. The ticket sales, which makes up $50M, which is more than 83% of the total revenue of the WNBA.When comparing this to the NBA, the WNBA makes a much larger percentage of their revenue from ticket sales.
Of the NBA's ~$8.3B revenue per year, only about $3B comes from ticket sales. This equates to a little more than 35% of the NBA's total revenue.
SHOULD WNBA BE PAID THE SAME AS THE NBA? NO!
WNBA players can't be paid the same as NBA players because it does not make fiscal sense for the league. Well, they could be paid the same, but it would result in a fully bankrupt WNBA.
Many WNBA players, as well as other social justice advocates, are trying to make the case that WNBA players should be paid the same as NBA players (as a percentage of league revenue), but that is just not feasible.
Last year, of the $60 million in revenue of the WNBA, about $12.3 million is paid out to the players, which equates to just over 20% of the total revenue.
When comparing this to the NBA, which is a 50-50 split of revenue (NBA pays out 50% of revenue to players), it may seem unfair.However, these stats don't take into account the revenue, or even more important profits of each of the leagues.
*****The most obvious difference between the leagues is the sheer amount of money they make, not even taking into account how much they profit. The NBA has revenues of $8.3B/year, while the WNBA only generates $60M (as we said earlier).*****
NBA VS WNBA PROFIT
The WNBA has produced an average NET LOSS of $10M per year.
The NBA, however, turns a PROFIT of roughly $2.1B per year, which is what allows them to payout 50% of the league revenue to players.
While the WNBA only pays out 20% of its revenue, it doesn't actually turn a profit.
If the WNBA paid out the same revenue split as the NBA (50-50), that would cause the WNBA's net income to go from a net loss of $10M to a net loss of $28M per year.
Bottom line: If the WNBA were any other business not propped up for Woke, PC reasons....it would be allowed to go bankrupt. Down from 18 teams to 12 since its inception, the league has been an abysmal failure.
https://selfimprovementbase.com/does-the-wnba-make-money/
The WNBA generates revenues of $60 million annually, but it also has costs in excess of $70 million annually. So, the WNBA does not make money. It has turned an average $10 million net loss (revenue costs) per year, since its inception in 1996.
One of the main reasons that the WNBA remains in existence is that it is subsidized by the NBA, which are able to sustain this $10 MILLION LOSS every year.
WNBA REVENUE SPLIT
There is no known information on how much of the leagues revenue comes from what sources, but with a little bit of math, we can figure out an estimate.
According to the Washington Post, WNBA games averaged about 7,716 in-person fans per game in 2017.
With an average ticket price of $16.88, and 12 teams playing 32 games each, that leads us to being able to account for how much of the WNBA's revenue comes from ticket sales;
Here's our calculations: 12 (teams) x 32 (total games/team) = 384 (total games played) x 7,716 (average attendance per game) = 2,962,944 total tickets sold
2,962,944 (total tickets sold) x 16.88 (average ticket price) = Just over $50M (total revenue from ticket sales)
As we stated earlier, the WNBA makes an average of $60 million per year in revenue. The ticket sales, which makes up $50M, which is more than 83% of the total revenue of the WNBA.When comparing this to the NBA, the WNBA makes a much larger percentage of their revenue from ticket sales.
Of the NBA's ~$8.3B revenue per year, only about $3B comes from ticket sales. This equates to a little more than 35% of the NBA's total revenue.
SHOULD WNBA BE PAID THE SAME AS THE NBA? NO!
WNBA players can't be paid the same as NBA players because it does not make fiscal sense for the league. Well, they could be paid the same, but it would result in a fully bankrupt WNBA.
Many WNBA players, as well as other social justice advocates, are trying to make the case that WNBA players should be paid the same as NBA players (as a percentage of league revenue), but that is just not feasible.
Last year, of the $60 million in revenue of the WNBA, about $12.3 million is paid out to the players, which equates to just over 20% of the total revenue.
When comparing this to the NBA, which is a 50-50 split of revenue (NBA pays out 50% of revenue to players), it may seem unfair.However, these stats don't take into account the revenue, or even more important profits of each of the leagues.
*****The most obvious difference between the leagues is the sheer amount of money they make, not even taking into account how much they profit. The NBA has revenues of $8.3B/year, while the WNBA only generates $60M (as we said earlier).*****
NBA VS WNBA PROFIT
The WNBA has produced an average NET LOSS of $10M per year.
The NBA, however, turns a PROFIT of roughly $2.1B per year, which is what allows them to payout 50% of the league revenue to players.
While the WNBA only pays out 20% of its revenue, it doesn't actually turn a profit.
If the WNBA paid out the same revenue split as the NBA (50-50), that would cause the WNBA's net income to go from a net loss of $10M to a net loss of $28M per year.
Bottom line: If the WNBA were any other business not propped up for Woke, PC reasons....it would be allowed to go bankrupt. Down from 18 teams to 12 since its inception, the league has been an abysmal failure.
https://selfimprovementbase.com/does-the-wnba-make-money/
