/F3 67 0 R The NBA has a licensing deal with Dapper Labs for its NFTs of video highlights. Some are willing to pay the luxury tax; others resist it. >> << Taking a steep percentage this season -- and returning to the normal 10% escrow system in 2021-22 -- could disadvantage one subset of players compared to spreading the hit over multiple years. /F4 70 0 R >> NBA 2018-2019 Q1 Financial Statement - Nigerian Bar Association - LAGOS /ExtGState << >> Our projections are not dependent on it.". Clicking on the following button will update the content below. Our guide page will help you get specific information about each type and its effect on your feet and performance. << /F5 70 0 R endobj 5-year trend. The NBA's revenue dropped 10% to $8.3 billion for the 2019-20 season amid losses because of the coronavirus pandemic, according to financial numbers shared with teams and obtained by ESPN. >> Digeni Akrita 83, 1070, Nicosia >> >> 26 0 obj /Parent 5 0 R Local media deals vary wildly. << /Contents 129 0 R /Type /Page /F3 70 0 R /Parent 5 0 R << /F4 70 0 R "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.". :c]C 3. >> /F0 63 0 R /F2 92 0 R /XObject << /F1 62 0 R 56 0 obj /F3 67 0 R For the 201819 NBA season, the luxury tax threshold is a payroll of $123.733 million. /Contents 88 0 R /ExtGState << /Type /Page TEAM NON-STAFF COSTS Teams estimate spending between $3.3 million and $3.5 million. 333 556 556 500 556 556 278 556 556 222 222 500 222 833 556 556 /MediaBox [0 0 595.2 841.919] endobj /F2 76 0 R The deal is worth $9.3 annually on average, though varies significantly from team to team. RunRepeat helps you choose the best model of shoes according to your needs and playing style, whether is LeBron, Kobe, or Steph-like. /Parent 5 0 R The 2021 NBA Offseason Financial Report | Spotrac Research /F5 70 0 R /Kids [9 0 R 10 0 R 11 0 R 12 0 R 13 0 R 14 0 R 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R 21 0 R 22 0 R 23 0 R 24 0 R Only 4 NBA teams earn close to $100 annually from local broadcasters. >> 667 667 667 667 667 667 1000 722 667 667 667 667 278 278 278 278 Garrett Ellwood | National Basketball Association | Getty Images, Kyrie Irving could miss home games if he doesn't get Covid vaccine. Find your information in our database containing over 20,000 reports, six to eight billion U.S. dollars in revenue. endobj 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%. /F3 67 0 R >> /F1 62 0 R uuid:baaff855-396c-4c14-a419-650f8445a3fb 17 0 obj NBA Portugal: Euronext Lisbon . /F3 67 0 R << /Rotate 90 2023 ABG-SI LLC. Since 2019, the Los Angeles Lakers also started to generate $20 per year from the jersey patch deals. As an example, in 2018 the Milwaukee Bucks opened a $524 million arena, Fiserv Forum, which has generated ample opportunity for sponsorships, premium seating, and more.. /Contents 82 0 R /Resources << /Contents 117 0 R NBA values are up nearly six-fold over. /Parent 5 0 R >> >> >> endobj >> /MediaBox [0 0 595.2 841.919] 50 0 obj 9 0 obj During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. But the league's biggest event is the NBA Finals, and the last two years' results were way down. >> >> For reference, there were 7 sign and trades last offseason, 9 in 2019, 0 in 2018, & 1 in 2017. /F1 62 0 R "The NBA is flexing its muscle and has to support mandates for the greater good because that's really what we're talking about here.". >> But Harden is a former NBA MVP and 11-time All-Star. >> These cookies may be set through our site by our advertising partners. On Tuesday, the NBA will see if any one of its games will surpass 3.5 million viewers. /F4 92 0 R /GS0 171 0 R /Font << endobj >> It would be the first NBA title won by a New York team since 1973. /Font << >> /MediaBox [0 0 595.2 841.919] << Brooklyn Nets have the lowest operating income in the NBA with a negative $80 million. /Type /Page /Parent 5 0 R /F2 76 0 R >> /F0 63 0 R The Lost Angeles Lakers and Golden State Warriors have the most expensive tickets in the NBA, with the average price going to $150. The sub-Saharan population in Africa is about 1.07 billion, according to the United Nations. Other teams take in less than $40 million in local television. /F2 8 0 R Even with a total of 400-odd active players making an average of close to $6.7 million annually (as of 2019-20), national TV contracts generate enough revenue to cover salaries and then some.. /F3 67 0 R His research has been shared with members of the U.S. Congress, federal agencies, and policymakers in several states. 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. 16 0 obj The Memphis Grizzlies have the lowest ticket price in the NBA at $35. This is a BETA experience. /MediaBox [0 0 595.2 841.919] All Rights Reserved. >> /MediaBox [0 0 841.919 595.2] /Parent 5 0 R >> /F2 76 0 R The New York Knicks Retain Top Spot For Fifth Consecutive Year. 11 . >> Dataset with 2 projects 1 file 1 table. >> << "We lost significant amounts of money. /Parent 5 0 R /FontName /ArialMT /MediaBox [0 0 595.2 841.919] Total NBA league revenue 2022 | Statista The balance of the finances included an $800 million loss in gate receipts and a $400 million loss in sponsorships and merchandise, sources said. >> << >> /ExtGState << 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. Please do not hesitate to contact me. >> /F1 62 0 R >> /F1 62 0 R ", Team Marketing Report. /F4 70 0 R Financial Statements 2015 (in Greek) Click here to download the file. /F1 62 0 R Running shoe upper: how to choose the best one for your needs. >> /F0 63 0 R >> endobj /F2 76 0 R >> /MediaBox [0 0 841.92 595.32] Before the rift, the NBA's business in China was worth about $5 billion. Some teams own a plane; especially budget-conscious franchises pay into the leaguewide charter program with Delta. NFL league and team sponsorship was forecast to generate 1.62 billion U.S. dollars in 2021 . The NBA bubble in Orlando recouped $1.5 billion in revenue that would've been lost without restarting the season, sources said. /F3 70 0 R /Flags 32 /MediaBox [0 0 595.2 841.919] /F2 67 0 R /StemV 0 /Parent 5 0 R /F1 62 0 R That included a Christmas game between the Los Angeles Lakers, who have the NBA's biggest star in LeBron James, and the Dallas Mavericks, with rising star Luka Doncic, that averaged 7 million viewers. /MediaBox [0 0 595.2 841.919] /Font << Call centre: +357 22881800 /F2 76 0 R This deal would increase the NBA's broadcasting revenue to over $8 billion per year. /Contents 109 0 R The NBA was first to stop play when Covid hit in March 2020. Data is a real-time snapshot *Data is delayed at least 15 minutes. /Resources << /BaseFont /ArialMT /F4 70 0 R ", Foxbusiness.com. However, according to Forbes, which regularly compiles valuations of the 30 teams of the NBA, total revenue across the organization reached $8.76 billion in the 2018-19 season. /Count 49 The current payroll minimum is $91.682 million. This presents a $400 million per year revenue. Extrapolating from the data provided to SI and from public filings, consider the following expense breakdowns. /Contents 68 0 R /ExtGState << /Type /Page New York, NY February 11, 2020 Forbes today announced its 22nd annual valuations of the National Basketball Associations 30 teams. /F3 92 0 R >> >> /ExtGState << And just as teams are constructed differently on the court, business models vary greatly among franchises. endobj /F0 63 0 R /Font << The 2019-20 season losses are slight in comparison to what awaits the NBA in 2020-21 if the season advances without fans and accompanying gate-night receipts, the league told teams -- a projected 40% loss in overall revenue, or approximately $4 billion. << >> /F1 62 0 R /Contents 184 0 R >> >> /Contents 127 0 R >> Sources: NBA revenue dropped 10% to $8.3B, 'This is probably his best shot': Why the time is now for Harden and the 76ers, Celtics-76ers first look: What could decide the battle of East heavyweights, Butler getting treatment on ankle; still iffy for G2, LeBron 'locked in' as rivalry with Steph resumes, Grizz's Brooks doesn't regret verbal jab at LeBron, Calipari thanks Bryants for package honoring Gigi, 'This one's on me': Brunson self-critical after loss, Jokic on Murray's playoffs: 'We are following him', 'It's going to be epic': Stephen Curry and LeBron James face off -- again, Tigers coach fumes at Zaire v Dwyane comparisons after loss, Pregame chats, language arts and 'a lot of fines': Inside NBA player-ref dynamics, Daryl Morey tweet promoting Hong Kong freedom, for a Dec. 22 start to the season and a 72-game regular season. /Font << 10 0 obj Silver told the crowd last Tuesday that the NBA's overall viewership is down. /GS0 136 0 R >> It's causing problems as the NBA obeys local government policies that require people to be vaccinated before entering public places. Euroleague Basketball has announced that overall revenues in Europe's . Player conflicts and setbacks in China are also troubling. 556 556 556 556 556 556 889 500 556 556 556 556 278 278 278 278 /MediaBox [0 0 595.2 841.919] /F2 76 0 R >> Note: This varies bymarket, in part because of the cost of living. /ExtGState << And the league launched its Africa business that's estimated to bring in $1 billion. The operating income of the Utah Jazz, franchise of the National Basketball Association, was about 40 percent lower in the 2021/22 season than in the . 31 0 obj >> The NBA makes money primarily through television, merchandising, sponsorships, and tickets. /Resources << /ExtGState << Six teams earned more than $100 million, led by the Los Angeles Lakers at $178 million. 667 778 722 667 611 722 667 944 667 667 611 278 278 278 469 556 The shortened 72-game season for 2020 has led to less advertising and TV revenue. endobj (Scheduling may have played a factor, as fewer people were watching TV this July, the NBA says.). Television Rights, Merchandising, and Ticket Sales Are Primary Revenue Sources. Memphis Grizzlies have the smallest revenue from local TV deals, with $9.4 annual revenue. That guess was based on the fact NBA games are allowed to stream in China. National Basketball Association. According to ESPN, for the 2018-2019 season, teams saw an average of anywhere from just under 15,000 to just over 20,000 fans attend per home game. With tickets costing close to $74 on average (in the 2018-19 season), the money earned from ticket sales adds up quickly. Along with tickets, additional Basketball Related Income (BRI) includes concessions and other sales. /FirstChar 32 /F0 63 0 R /Type /Page /Parent 5 0 R >> ", Ballmer continued, "Will there be some direct-to-consumer offer by the league, which is certainly a possibility? >> Earnings before interest, taxes . >> The NBA's big trade last season involved Harden. The league is currently under the largest media contract in the league's history. /GS0 66 0 R << /F0 63 0 R Get the best reports to understand your industry. /F0 63 0 R Forward-looking statements reflect management's current knowledge, assumptions, judgment, and expectations regarding future performance or . >> Results, Presentations & Investor Updates - ESB Corporate endstream 556 556 333 500 278 556 500 722 500 500 500 334 260 334 584 350 Bank of America upgrades Comcast, saying it is 'poised for a strong turnaround'. >> /F3 67 0 R NFL revenue 2021 | Statista /XObject << /F2 76 0 R UAC of Nigeria PLC. 33 0 obj /Resources << >> Over the last 11 years, 12 NBA teams didn't have one year with negative operating income. /Resources << /F0 63 0 R Revenues are about half those of the highest-grossing sports league in the world, the National Football League,not that the two leagues are necessarily in competition. Still, one of the largest differences between the leagues is the origin of the NBA's diverse revenue stream, which includes television, merchandising, sponsorships, and tickets. >> 2019 2018 2017 Retained Earnings (Previous Year) 7: 20 . >> In June 2015, the NBA ended its long-standing partnership with Adidas and signed an eight-year, $1 billion contract withNike(NKE). >> 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 April 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. 333 556 556 500 556 556 278 556 556 222 222 500 222 833 556 556 Click on the different category headings to find out more and change our default settings. 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. Golden State Warriors have the most lucrative jersey patch deal, worth $20 million annually. /Resources << /F0 63 0 R /Type /Page endobj /Type /Font endobj /F1 62 0 R /Type /Page Dropping to that level would have put almost every team into severe luxury tax territory, and it would have left very little available money for this offseason's free agents. /F1 63 0 R /Metadata 4 0 R << /F0 63 0 R /XObject << << 2019. /Contents 172 0 R /Resources << /Type /Page Winningest Cities in Sports. Note that there is a salary floor as well as a salary cap. endobj A leading private equity firm claimed to be a climate leader - while 14 0 obj /F1 62 0 R >> This is a 60% drop compared to the previous season, and the largest income drop over the last 10 years. >> This deal is a 245% increase in annual revenue compared to the previous deal with Addidas, worth $51 million annually. /Resources << >> National Basketball Association (NBA) - Statistics & Facts endobj /Font << >> /Type /Page >> >> "History. /F2 76 0 R /F4 92 0 R Stars, 16 Agency Leaders Explore The SEO Trends Impacting Their Work In 2023, 15 Smart Ways To Address High Employee Turnover, How Vietnam's Entertainment Industry Can Increase Its Global Reach, 6 Best Practices For CEOs And Professional Leaders Using LinkedIn. >> /Parent 5 0 R /Contents 156 0 R We want to hear from you. /Contents 114 0 R Despite the noise around lower TV ratings and business problems in China, NBA franchise values continue to soar and are up 14%, compared to an 11% increase for NFL teams and 8% in Major League Baseball, said Forbes senior editor Kurt Badenhausen. For instance, Alibaba (BABA) Joe Tsai purchased a 49% stake in the Brooklyn Nets last year for a rumored $1.15 billion. /Flags 32 There's a lot to be figured out, and I have a lot of confidence in Adam and Bill [Koenig NBA's president of global content and media distribution] at the league office to sort that through.". endobj %PDF-1.4 endobj /Type /Page /F4 70 0 R /F0 63 0 R >> /Type /Page For its part, the league is anticipating a revenue rebound in 2021-22 at the earliest. /Parent 5 0 R endobj /Contents 84 0 R /F3 67 0 R /F2 76 0 R 60 0 obj The New York Knicks retain the No. /CapHeight 716 /Font << /Filter [/FlateDecode] 0 333 556 556 556 556 260 556 333 737 370 556 584 0 737 552 << /MediaBox [0 0 595.2 841.919] endobj /F3 67 0 R /XObject << << application/pdf /Type /Font Financial Statements 2016 (in Greek) However, the average digital audience for NBA's nationally televised games increased by 34% compared to .
