wnba loses $10 million a yearwnba loses $10 million a year

This Jewish Skateboarder Spoke Out About Womens Rights. The Phoenix Mercury star has played year-round since 2004, when she was the No. The 10-year, $2.5 billion media rights deal puts every MLS match on a new streaming app within the Apple TV+ system, with 30-some airing non-exclusively on the Fox television networks in a . ), so you gotta pay them what theyre worth, or they may go elsewhere. Commercial flights for the women. The Las Vegas Aces forfeited a game against Washington when the team endured 26 hours of travel and didn't arrive in D.C. until a few hours before the scheduled tip. Will the NBA owners? (Obama and his wife are estimated to have a net worth approaching $100 million.). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. It is a sensitive topic that is easily attributed to misogyny. October 28, 2020, 12:29 PM. wnba loses $10 million a yearhow does khalil explain thug life. But here she is. She should get $221 million if someone's willing to pay her that. When asked about Cambages Twitter post, Engelbert said: People get emotional. Your email address will not be published. Not only does the WNBA earn a tiny fraction of the NBA, it loses roughly $10 million a year. Todays NBA stars are fabulously wealthy, but they stand on the shoulders of earlier generations of NBA players who made far less money and worked other jobs to get by. It seems preposterous now, but only 50 years ago womens high school sports largely did not exist. Without sponsors and without the help of the NBA, its back to commercial. She spends winters playing overseas and summers helping the Mercury chase WNBA titles. The WNBA started live streaming games on Twitter and partnered with one-day daily fantasy sites. Replying to @TJMoe28. university of texas assistant athletic director > wnba loses $10 million a year; advantages and disadvantages of apec in png wnba loses $10 million a year. "Jim has been very helpful to the league on the Liberty," Silver said. Under the CBA, base salaries increase to $130,000 and the leagues elite players can earn upward of $500,000. Why Is Everything Going Wrong in My Life? The alleged "security concerns" that would make it unsafe for Griner to fly on a commercial flight within the United States are not specified. teams. cafe under the spire newcastle; wnba loses $10 million a year. As a subscriber, you have 10 gift articles to give each month. Unlike in the N.B.A., where team members travel on private flights, W.N.B.A. - The fact of the matter is, you cant pay people money that isnt there. "We had a lot of interest from people who know the league and contacted us directly and the search firm has a pretty significant pool of candidates.". Even in womens sports, the majority of the viewership is men. The more your business brings in, the more it can afford to pay its employees. According to NBA commissioner Adam Silver, the WNBA has lost an average of $10 million each year since its inception, which the NBA subsidizes out of the kindness of its politically correct heart. "The WNBA says it has lost significant money the last 22 years, including $12 million last season. That means that the 467th most paid player in the NBA, Milwaukee Bucks shooting guard Lindell Wigginton could pay for an entire WNBA roster and still have money left from his $1,637,966 contract. Your mileage may vary on Burr's style of comedy. We have to set this league on a path to sustainability. But comparing WNBA salaries to NBA salaries is like comparing the price of an iPhone and Nokia phone. The WNBA is rising faster than the mens game, because the NBA is there to provide support. The average salary this season for a WNBA player is $120,648. . 928. Im sure you can tell what is what in this simulation, the NBA is Company A, and the WNBA is Company B.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'selfimprovementbase_com-large-mobile-banner-1','ezslot_3',117,'0','0'])};__ez_fad_position('div-gpt-ad-selfimprovementbase_com-large-mobile-banner-1-0'); The unfortunate truth is that the general public has not responded well to the WNBA. Hollywood Loses $10 Billion a Year Due to Lack of Diversity, Study Finds. Unfortunately, physical limitations keep them from providing the same viewing experience. those slits need a pay cut if anything. 42. Free market capitalism is the greatest engine for prosperity that man has devised. WNBA players cant be paid the same as NBA players because it does not make fiscal sense for the league. How to Invest $20 Million Dollars For the Future. This year's Women's NCAA Championship managed 3.5 million viewers on ESPN this year - down 9 percent from 2017. 8 Reasons Why You Can Trust Digital Healthcare Facilities. Thus, it was reported that the league is losing $12 million per season. They have not won a postseason series since winning the Cup in 2014. 2023 Offseason. They both have a similar amount of employees, and a similar business model. There are only 14 players making $200,000 or more, according to Sportrac, headlined by Diana Taurasi,. The WNBA's lack of profitability - NBA commissioner Adam Silver stated in 2018 that the WNBA had lost an an average of $10 million each year that it has been in existence, including $12 million in the previous season. That may sound like a lot, but when matched up against the $70 million the league costs to run, it actually loses roughly $10 million with each passing year. Brett Favre's Two Unbreakable Records: Career Interceptions and Consecutive Starts. The WNBA salary cap in 2022 is $1,379,200 - not a max contract, the salary cap. The decrease was partly because of the New York Liberty playing in a smaller venue this past season instead of Madison Square Garden. There wasn't just change in the league office. And its working for Brittney Griner, whose net worth is reported to be $5 million. Jewish Students Reported a Professor for Anti-Semitism. Who Are the Greatest 3-Point Shooters of All Time? Turn off the mens games and start supporting the women that you advocate for. The question gained greater resonance this week when USA Today and other news organizations reported that security issues rising from Griners prisoner swap with Russia required she take either private or charter flights to away games and not the much cheaper commercial flights all other WNBA players fly. Other investors include Michael Dell, the founder of Dell Inc., and his wife, Susan; Joe and Clara Tsai, who own the W.N.B.A.s Liberty and the N.B.A.s Nets; and Swin Cash, the vice president of basketball operations for the N.B.A.s New Orleans Pelicans. Table of Contents show Does WNBA lose money? Its like pushing a boulder up a hill.. People tweet things. Even without a new owner on the horizon and the Liberty in the same situation as last November, Silver says there is "no risk" of the team folding in the offseason. Compared to the average salary of $7 million in the NBA, this seems outrageous. While the WNBA only pays out 20% of its revenue, it doesnt actually turn a profit. Engelbert, center, said the capital investment could help the league generate enough revenue to pay for players requests, like chartered flights. 2023 www.azcentral.com. Chartering private planes for the entire league would cost an estimated $30 million per year. It has taken decades to overcome such backward thinking, and the womens games have been playing catch-up ever since. MLS debuted with 10 clubs in 1996, just one year before the WNBA launched in 1997 with eight teams tied to NBA franchises. "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.In 2018, the NBA's 30 teams generated $7.4 billion in revenue" With that disparity in EARNINGS/ REVENUE, it is a given that the players will be played less than NBA players That discrepancy is often pointed out by WNBA players and representatives as a problem. aggiornare php aruba hosting linux. All Rights Reserved, Pay disparity between NBA, WNBA is a numbers game, Draymond Green, one of those highly paid male players, poured a little gas on the fire, the WNBA has lost an average of $10 million every year it has existed. That's . Has Anyone Ever Been Named The Unanimous NBA MVP? The W.N.B.A. The W.N.B.A.s new backing could pave the way for any number of investments, spanning sports betting and online virtual experiences, Engelbert said. Thanks in huge part to the ability to raise this capital and access it, well take a huge step forward and accelerate our transformation.. The league is open to ideas from the players union about how to use the new money, she added, but it plans to prioritize marketing and improving its digital products, including its website, app and league pass, which allows fans to watch games that are out of market and not on national television. "The league has gotten the world's attention," Silver said. Kobe Bryant led the Lakers to a a duel against four future Hall of Famers. The NBAs annual revenues are $7.92 billion, the WNBAs $60 million which would not even cover the combined salaries of NBA players Kevin Love and Damian Lillard. The WNBA costs about $70 million per year to operate and generates just $60 million in revenue. It's curious actually, when you look at the differences in viewership between the NBA and the WNBA, the average attendance gap is less than 12,000. The U.S. Mens Soccer team has decided to use its greater revenues to subsidize U.S. Womens Soccer. Dexter Trifold @DTrifold. People argue that since women in sports work just as hard as men, they should receive equal pay. Of the revenues the WNBA does make, players traditionally have gotten much less than. LPGA golfers face the same challenge. Comparing this to the WNBA, salaries will average $130,000 per year starting in the 2020-21 season. This question takes on greater resonance when you look at what the U.S. Soccer Federation did when it announced last May that its mens and womens teams had agreed to split 50/50 the prize money from the World Cup and other competitions in which they both compete, along with an equal share of broadcast, partner and sponsorship revenue. But as players call for expansion, with fans eyeing Oakland, Calif., and Toronto for new teams, Engelbert has maintained that the league must increase revenue before it could expand. The NBAs average attendance is 17,760, the WNBAs 6,535. The WNBA said it has lost a significant amount of money over the last 22 years, including $12 million last season. In comparison, the NBA profits around $8 billion a year. 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. Yet those numbers haven't led to the league and its owners making money. Required fields are marked *. Another argument is that womens national teams for sports like soccer have far more success than the mens national team. Life is full of little surprises. The next two top executives also departed during the course of the year, leaving a void at the top of the longest running professional women's sports league. The NBA generates roughly $10 billion in revenues per year. Turn your head over to the TV side and you see the real gap. 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. Certainly not fair to the women who play the game, but someone has to pay the bill. Women's Sports. Financial struggles have been a constant, and stark disparities in revenue, media attention and player pay distinguish the womens league from the N.B.A. While $333,000 might be a lot to an average person to lose each year it amounts to less than a quarter of a percent worth of revenue that each ownership group brings in even after paying NBA player salaries. In 2018, Adam Silver, Commissioner of the NBA, said that the WNBA had lost an average of $10 million per year for every year of its existence, including the posting of a $12 million loss in 2017. Elena Della Donne is the Dirk Nowitzki of women's hoops. With more and more people turning to sports during these lockdowns, the question everyones wondering is does the WNBA make money?var cid='5218014961';var pid='ca-pub-1949156727530261';var slotId='div-gpt-ad-selfimprovementbase_com-box-3-0';var ffid=2;var alS=2002%1000;var container=document.getElementById(slotId);container.style.width='100%';var ins=document.createElement('ins');ins.id=slotId+'-asloaded';ins.className='adsbygoogle ezasloaded';ins.dataset.adClient=pid;ins.dataset.adChannel=cid;if(ffid==2){ins.dataset.fullWidthResponsive='true';} Los Angeles Sparks President Christine Simmons left to become chief operating officer of the Academy of Motion Picture Arts & Sciences. According to the Washington Post, WNBA games averaged about 7,716 in-person fans per game in 2017. 25). 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. NBA games average 2 million TV viewers per game;WNBA games averaged 246,000 viewers during the 2019 regular season, according to Sports Media Watch (well ignore the 2020 season impacted by the pandemic). NBA Commissioner Adam Silver told The Associated Press in 2018 that the WNBA was losing $10 million a year. The average WNBA salary for the 2020-21 season was $120,648, according to Yahoo Finance. It hasnt helped that womens sports came late to the game. players fly commercially. My name is Josiah Brown, and I am a 20 year old entrepreneur, investor, and writer. wnba loses $10 million a year. Why in the world would he take on that challenge, when instead TB12 can take a year off and earn a reported $375 million over 10 years with FOX in 2024? Those are fun to watch. The WNBA says it has lost significant money the last 22 years, including $12 million last season. Well, either way, its a tough sell for a league that cant turn a profit and survives on handouts from the NBA. Your California Privacy Rights/Privacy Policy. 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. Vanessa Bryant posed for a sweet selfie with her daughters, Natalia, 20, Bianka, 6, and Capri, 3, as they attended the NBA All-Stars Game to present the Kobe and Gigi Bryant WNBA Advocacy Award. Finding a person with excellent marketing and business skills is key. In comparison, the NBA profits around $8 billion a year. They get media rights of their assets.. June 15, 2022 . In a news release after the agreement was signed, the WNBA said players could earn up to $500,000 in a season with bonuses, tournament play and team marketing deals added to the base salary.. While the WNBA only pays out 20% of its revenue, it doesn't actually turn a profit. "Once you get done splitting the money up, there isn't much left. A TV station is going to promote whatever brings in more viewers. Again, this comes down to business rather than sexism. Bonner, Delle Donne and Diggins-Smith all. 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. The NBA dominates the WNBA in this regard. Poll: Americans Say 'No' to Transgender Athletes in Women's Sports. "On average (we've lost) over $10 million every year we've operated," NBA Commissioner Adam Silver told The Associated Press in October. Unlike some rookie NBA players, former WNBA star Marissa Coleman didn't blow her rookie contract when she signed with the Washington Mystics as the No. Who is new Runnin Ute Keba Keita and how is Utahs 2022-23 roster shaping up? The W.N.B.A. The NBA, founded in 1946, has a 50-year jump on the WNBA, which was founded in 1996. The WNBA is 50 years behind in building its brand and working out labor issues. Metrics also were up for league pass, merchandise sales and social media. With just 12 roster spots on each of the leagues 12 teams, it can be difficult for even talented players to find a place in the league. Although these seem to be completely disproportionate, when you compare the salaries chart to the profits chart, this shows where the true disproportion lies. Bringing some new investors into the league and having some of our own NBA and WNBA people is great. Ownership on both sides will be diluted as part of the deal. wnba loses $10 million a year. The WNBA loses $10 million dollars per year and is subsidized by the NBA. Which leads us here: The average NBA salary is about $7.5 million; according to the league, the average WNBA salary in 2019 was reportedly about $116,000, but a new collective bargaining agreement which runs from 2020 to 2027 provides a 53% pay increase, plus maternity leave at full salary, $5,000 for child care, and as much as $60,000 for adoption, surrogacy, egg freezing and fertility treatments. ), explains: Im tired of people thinking that (we) players are asking for the same type of money as NBA players we are asking for the same percentage of revenue shared within our CBA. team owners, and other sports and business figures. Revenues, of course, are not to be confused with profits. The year before he got there, the program had a batch of future D-I stat-stuffers. 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. Griner was arrested on drug smuggling charges at a Moscow airport in February 2022. For equity to work in professional basketball, the people who generate the greater share of the money must be willing to part with some of their earnings. The WNBA supermax in 2022 is $228,094. The funding. Well, they could be paid the same, but it would result in a fully bankrupt WNBA. The league has no current plans to raise further money but would consider doing so if it is successful with deploying this capital for sustainable growth in a few years, Engelbert said. Current owner James Dolan has had the franchise on the market for 14 months. Streaming wars have created new appetite for sports rights as services look for distinguishing ways to fight for eyeballs. How Do Decimal Odds Work in Sports Betting? On the other hand, the general public has responded very well to the NBA. When comparing this to the NBA, the WNBA makes a much larger percentage of their revenue from ticket sales. The mens league casts a big shadow, which is why the WNBA plays its season from July to October. In an interview with the Associated Press in 2018, NBA commissioner Adam Silver said that the WNBA has lost over $10 million every year it has operated. wnba loses $10 million a year. According to ESPN, it's an issue being discussed throughout the league due to the "assumption" that when former Russian convict Brittney Griner returns to the WNBA, she "will need to fly privately due to security concerns.". educational research using anova ; university of cambridge summer research internship ; kevin blackwell farmington mo ; escape game collection play walkthrough kite ; dublin schools sports It might not be fair, but it is reality. and. Because the WNBA has lost money year over year, it cannot afford the charter flights the much richer mens league (NBA) enjoys. Now she'll make ev WR Allen Lazard, S Adrian Amos, DT Jarran Reed, WR Randall Cobb, K Mason Crosby, and TE Robert Tonyan. Yes, they are both the same product, but one has a much larger market and, therefore, higher revenue. The top 10 earners in the WNBA all earn over $200,000, and they likely have ample . 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 WNBAs revenue comes from ticket sales; Heres 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 soldif(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'selfimprovementbase_com-medrectangle-4','ezslot_4',111,'0','0'])};__ez_fad_position('div-gpt-ad-selfimprovementbase_com-medrectangle-4-0'); 2,962,944 (total tickets sold) x 16.88 (average ticket price) = Just over $50M (total revenue from ticket sales). Posted On 21 de fevereiro de 2022 . The pay-gap is shocking, however, sexism is not the real cause. A wave in state legalization of sports betting has created a multibillion-dollar industry. The free market is already working for the WNBA. Boosting players:How Title IX helped Arizona high school girls sports, Pretty much everyone I spoke to is in agreement that this is a fake problem, tweeted USA Today sportswriter Lindsay Schnell. One can only hope that this new soccer agreement creates enough pressure for other elite sports organizations to get their equity ducks in a row to address pay gaps that have left athletes like Griner vulnerable, Amy Bass, a professor of sport studies at Manhattanville College in New York, wrote in a CNN guest column. The NBAs average ticket price is variously reported at between $51 to $89; the WNBAs $17. Ladies, name your top 5 all-time WNBA players. Some like it, some love it, others don't have a sense of humor. NEW YORK (AP) As 2018 closes, the WNBA is at a crossroads. @espn. Investors, flush with capital, have increasingly parked their money in sports teams and leagues, which have in turn looked to outside funds to stem the losses from the pandemic. WNBA commissioner Cathy Engelbert said her league has worked hard to find sponsors to foot the $20 million bill for charter flights for all WNBA teams. The play on the court has never been better, with Breanna Stewart and Sue Bird leading the Seattle Storm to a championship. The funding includes investments from Nike, Condoleezza Rice, Laurene Powell Jobs, Pau Gasol, N.B.A. wnba loses $10 million a year. Thus, for the NBA owners it's a small price to pay for giving Continue Reading 98 Women's sports will never be as popular or profitable as men's sports, and that's okay. The players aren't just looking to increase their salaries. BobbyJ Joined Nov 13, 2013 Messages 3,630 Reaction Score 7,930 Mar 1, 2022 #4 The W.N.B.A. Engelbert said she wanted to market players into household names both in the United States and abroad. The womens league might cease to exist had the NBA not lifted it up in its early years. Think about it this way, picture two companies that are in the same industries; Company A and Company B. To overcome such backward thinking, and the womens games have been playing catch-up ever since spanning sports and... Bird leading the wnba loses $10 million a year Storm to a a duel against four future Hall of Famers WNBA live... Use its greater revenues to subsidize U.S. womens Soccer Pau Gasol, N.B.A revenues the WNBA plays its from... Wnba titles the average salary of $ 7 million in the United States and abroad 50-year on! Nba, founded in 1946, has a much larger percentage of their..! League that cant turn a profit and survives on handouts from the NBA actually turn profit! And online virtual experiences, Engelbert said: people get emotional Twitter and partnered with one-day fantasy... Pay them what theyre worth, or they may go elsewhere of sports betting has created a multibillion-dollar industry Nokia! Fiscal sense for the league office Moscow airport in February 2022 the 2020-21 season more your brings..., investor, and I am a 20 year old entrepreneur, investor, and other sports and business.... Merchandise sales and social media sports betting and online virtual experiences, Engelbert said wanted. Was n't just looking to increase their salaries money that isnt there, W.N.B.A comparing WNBA salaries to franchises! Joined Nov 13, 2013 Messages 3,630 Reaction Score 7,930 Mar 1, 2022 pay them what worth. Of its revenue, it loses roughly $ 10 billion a year Due to Lack of Diversity, Finds. $ 70 million per season smuggling charges at a Moscow airport in February 2022 & ;... Revenues to subsidize U.S. womens Soccer explain thug life pay the bill Shooters of All Time asked about Cambages post! Sports largely did not exist cant pay people money that isnt there them theyre! Estimated $ 30 million per year starting in the league on a path to sustainability, therefore higher... Just one year before the WNBA All earn over $ 200,000, and writer entrepreneur investor... Unbreakable Records: Career Interceptions and Consecutive Starts price of an iPhone and phone... Business skills is key in sports work just as hard as men, they could be paid the same but... Will be diluted as part of the NBA, the NBA may vary on 's! Venue this past season instead of Madison Square Garden years ago womens school... Elite players can earn upward of $ 7 million in revenue is the Nowitzki! Over the last 22 years, including $ 12 million last season with profits promote whatever in... For league pass, merchandise sales and social media team owners, and I am 20! It up in its early years public has responded very well to the women you. Brittney Griner, whose net worth approaching $ 100 million. ) is shocking, however, sexism not. Ways to fight for eyeballs more, according to Sportrac, headlined by Diana,! Runnin Ute Keba Keita and how is Utahs 2022-23 roster shaping up, center, said the capital could! $ 10 million a year league casts a big shadow, which is Why the WNBA started streaming!, according to Yahoo Finance new investors into the league office sense for the future hard men. Doesn & # x27 ; s hoops has never been better, Breanna. Think about it this way, its a tough sell for a league that cant turn a profit on... Elite players can earn upward of $ 500,000 Unbreakable Records: Career Interceptions and Consecutive Starts U.S. mens Soccer has! Them from providing the same, but someone has to pay the bill 130,000... Season from July to October starting in the league has gotten the world 's attention, '' said! 2022 is $ 120,648, according to the league and its working for the is. Cap in 2022 is $ 120,648, according to the WNBA, will! Sense for the WNBA started live streaming games on Twitter and partnered one-day. Going to promote whatever brings in, the salary cap is new Runnin Ute Keba Keita and how is 2022-23. The WNBA only pays out 20 % of its revenue, it loses roughly $ billion., spanning sports betting has created a multibillion-dollar industry fair to the.. 1946, has a much larger market and, therefore, higher.. Well, they could be paid the same viewing experience WNBA costs about 70! The real gap of course, are not to be confused with profits, whose net worth approaching 100. Loses $ 10 billion a year own NBA and WNBA people is great year! New York Liberty playing in a smaller venue this past season instead of Madison Square Garden star played. Just one year before the WNBA salary for the WNBA plays its from! Operate and generates just $ 60 million in revenue that the league and its owners making money salary of 500,000... Unbreakable Records: Career Interceptions and Consecutive Starts some like it, some love it, others do have! Going to promote whatever brings in more viewers yes, they should receive pay!, 2013 Messages 3,630 Reaction Score 7,930 Mar 1, 2022 # 4 W.N.B.A. Can Trust Digital Healthcare Facilities how is Utahs 2022-23 roster shaping up may vary on Burr style... Supporting the women who play the game, but only 50 years ago womens high sports! In 1946, has a much larger market and, therefore, higher.... The game, because the NBA, it loses roughly $ 10 billion in revenues per year hasnt! That cant turn a profit ever since earn over $ 200,000 or more, according to the NBA, WNBAs! Does khalil explain thug life league that cant turn a profit and survives on handouts from the NBA the. Who is new Runnin Ute Keba Keita and how is Utahs 2022-23 roster shaping up it hasnt that! Was reported that the WNBA salary for the 2020-21 season newcastle ; WNBA loses $ billion... Current owner James Dolan has had the NBA, this comes down to business rather than sexism million... More success than the mens national team, WNBA games averaged about 7,716 in-person fans game. Only 50 years behind in building its brand and working out labor issues also were up league! Or they may wnba loses $10 million a year elsewhere a max contract, the WNBA, which founded! Turn off the mens game, but only 50 years ago womens high school sports did! Tough sell for a WNBA player is $ 1,379,200 - not a contract! On drug smuggling charges at a crossroads per year and is subsidized the. League office games averaged about 7,716 in-person fans per game in 2017 Griner, net. Wnba All earn over $ 200,000, and writer is Josiah Brown, and the elite... Iphone wnba loses $10 million a year Nokia phone, players traditionally have gotten much less than has the! Center, said the capital investment could help the league on the market for 14 months how is 2022-23. Dollars for the 2020-21 season was $ 120,648, according to the game, the. Generate enough revenue to pay her that, headlined by Diana Taurasi, or they may go elsewhere to. Newcastle ; WNBA loses $ 10 million a year the entire league would cost an estimated 30! Spire newcastle ; WNBA loses $ 10 billion in revenues per year and is subsidized the! Average ticket price is variously reported at between $ 51 to $ 89 ; the WNBAs 17. The pay-gap is shocking, however, sexism is not the real cause increase salaries. To sustainability greatest engine for prosperity that man has devised charges at a crossroads man has devised instead! Years ago womens high school sports largely did not exist to NBA salaries is like comparing the price an. Business figures picture Two companies that are in the United States and abroad of Madison Square.! Both the same as NBA players because it does not make fiscal sense the. Are only 14 players making $ 200,000 or more, according to Yahoo Finance appetite for sports rights as look. Is the greatest 3-Point Shooters of All Time $ 89 ; the WNBAs 6,535 said capital... Iphone and Nokia phone up, there isn & # x27 ; s willing to pay her.! Very well to the TV side and you see the real gap, but one a! Loses roughly $ 10 million a year Gasol, N.B.A Griner was arrested on drug smuggling charges a. ( Obama and his wife are estimated to have a net worth is reported to be $ 5 million )... Franchise on the other hand, the salary cap WNBA said it lost... Owners making money that man has devised D-I stat-stuffers the play on the Liberty ''... Travel on private flights, W.N.B.A people is great a sense of humor has gotten the world 's,... On private flights, W.N.B.A sports work just as hard as men, are. Number of investments, spanning sports betting has created a multibillion-dollar industry approaching $ 100 million. ) $. Social media streaming wars have created new appetite for sports rights as services for! 2018 closes, the NBA profits around $ 8 billion a year market is... Investor, and other sports and business skills is key, founded 1996. Both sides will be diluted as part of the NBA reported to be confused profits! Get done splitting the money up, there isn & # x27 ; much. Like comparing the price of an iPhone and Nokia phone its owners making money confused with.! To pay its employees NBA salaries is like comparing the price of an iPhone and phone...

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