Sporticast
Every NBA Team Is Now Worth At Least $3 Billion
Dec 19, 2024
Kurt Badenhausen, a contributor to Sportico specializing in sports valuations, joins the discussion to unveil jaw-dropping NBA team valuations, with the Golden State Warriors hitting $9.14 billion. He explains how lucrative TV contracts have nearly doubled franchise values in just four years. Dive into the unique financial dynamics separating the NBA from MLB and NFL. Kurt also explores the complexities of ownership and potential team sales, alongside rising international revenue opportunities. It’s a fascinating look into the future of NBA economics!
38:22
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Quick takeaways
- The NBA franchises have experienced a remarkable 94% growth in value, significantly outperforming MLB while future TV contracts promise even greater financial gains.
- Challenges in tapping into international markets currently limit the NBA's revenue potential, yet there are exciting opportunities for future global fan engagement.
Deep dives
Rising NBA Franchise Values
The average value of NBA franchises has significantly increased, with a reported 94% growth over the last four years. This surge is driven by various factors, including lucrative television deals, which have elevated team revenues. The new $77 billion TV contract is expected to further boost each team's payout from $99 million to approximately $296 million by the end of its duration. This financial momentum highlights the NBA's transformation in terms of fiscal strength compared to Major League Baseball, with NBA teams now valued at 75% to 80% more than their MLB counterparts.
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