During the 2023/24 season, the 30 franchises comprising the National Basketball Association (NBA) recorded a total revenue amounting to 11.34 billion U.S. dollars. This was an increase of over 700 million dollars from the previous year. What are the NBA's main sources of revenue? Among the NBA's main sources of income are broadcasting deals, sponsorships, and gate receipts. In particular, the NBA's sponsorship revenue has consistently exceeded one billion U.S. dollars since the 2017/18 season. One of the league's main sponsors since then has been Nike, which is the league's official outfitter. Meanwhile, the share of overall revenue from gate receipts in the NBA was 21.57 percent in 2023/24. Which NBA team generates the most revenue? With a revenue of 800 million U.S. dollars, the Golden State Warriors were the NBA team with the highest revenue in the 2023/24 season. Between 2015 and 2023, the Warriors were a dominant force in the NBA, appearing in six of eight finals and winning four championships, ending their trophy drought stretching back to 1975. However, the Warriors still have some way to go to match the Boston Celtics and the Los Angeles Lakers as the NBA teams with the most championships, with the Celtics winning a record 18th championship title in 2024.
In the 2023/24 season, the Golden State Warriors generated the most revenue from the National Basketball Association franchises. Specifically, the Golden State Warriors generated 800 million U.S. dollars in revenue by the end of the season.
The NBA and WNBA are the two top leagues for basketball in the United States for men and women, respectively. In the NBA in 2024, players were paid around 50 percent of the league revenue. In comparison, players in the WNBA took home around 10 percent of the revenue generated in the league.
During the 2023/24 season, the average revenue per franchise in the National Basketball Association (NBA) stood at 377.97 million U.S. dollars. This was an increase of over 20 million U.S. dollars from the previous year and over double the amount from ten years prior.
The estimated revenue from regular season ticketing as a percentage of total revenue in the National Basketball Association sank in the 2023/24 season to 22.44 percent. During the previous season, the figure stood at 21.57 percent.
Having defeated the Dallas Mavericks 4-1 in the 2024 NBA Finals, the Boston Celtics clinched their 18th NBA championship to pull clear of the Los Angeles Lakers for the most titles of all time. The Celtics won eight straight titles between 1959 and 1966 with a team that is widely considered one of the best ever in the league.
With an estimated net worth of 8.8 billion U.S. dollars, the Golden State Warriors franchise was the most valuable team in the National Basketball Association (NBA) in 2024. Trailing in second place were the New York Knicks with a value of 7.5 billion U.S. dollars. How much revenue does the NBA generate? For the 2023/24 season, all NBA teams generated combined revenues of over 10 billion U.S. dollars; regular season ticketing in the NBA accounted for about a fifth of the total. Meanwhile, the Golden State Warriors and the New York Knicks were the NBA franchises that generated the most revenue, with 800 million U.S. dollars and 543 million U.S. dollars, respectively. Meanwhile, the average franchise value in the NBA registered a significant growth between 2014 and 2024, rising from 634 million U.S. dollars to over four billion U.S. dollars. Sports team values Compared to the National Football League (NFL), franchises in the NBA are, on average, worth less. However, since 2018, teams in the NBA have become more valuable than the average team valuation in Major League Baseball (MLB). In 2023, the average franchise value in the National Football League (NFL) was around 5.11 billion, whereas Major League Baseball teams had an average value of over 2.31 billion U.S. dollars. The most valuable NFL franchise was the Dallas Cowboys, valued at 9 billion U.S. dollars in 2023. That year in the MLB, the New York Yankees, with an estimated worth of 7.1 billion U.S. dollars, were the most valuable MLB franchise.
The operating income of the Miami Heat franchise was 62 million U.S. dollars in the 2023/24 season. This was a decrease of nearly 43 percent from the last season for the National Basketball Association team, when the figure stood at 103 million U.S. dollars.
The operating income of the Houston Rockets franchise totaled 160 million U.S. dollars in the 2023/24 season. This was an increase of 28 percent from the previous season for the National Basketball Association team, when the figure stood at 125 million U.S. dollars.
During the 2023/24 season, the Miami Heat generated 373 million dollars in revenue. This was an increase of two million U.S. dollars from the previous year for the three-time National Basketball Association (NBA) champions. What are the Miami Heat’s sources of income? A significant chunk of the team’s net income is from the Miami Heat’s gate receipts, which made up just under a quarter of its total revenue in 2023/24. This however exceeded the average share of revenue from ticketing in the NBA, which stood at 22.4 percent that season. Despite losing its stadium sponsor, FTX, following the latter's bankruptcy in 2022, the Heat also have a wide array of partnership deals with companies such as jersey patch sponsor Carnival Cruise Line and new stadium sponsor Kaseya. What is the average revenue of an NBA franchise? In addition to the Heat outperforming the league’s average in revenue from gate receipts, the franchise was also ahead of the NBA's average for revenue per franchise. Nevertheless, the Heat were some way behind the Golden State Warriors, whose net income of 800 million U.S. dollars in 2023/24 made them the NBA team with the highest revenue that year.
In the 2023/24 season, the Sacramento Kings generated 320 million U.S. dollars in revenue. This was an increase of around 11 percent from the previous season for the National Basketball Association franchise based in California’s state capital. How do the Sacramento Kings generate income? Making up roughly 21 percent of the franchise’s revenue in the 2023/24 season were the Sacramento Kings’ gate receipts, which totaled 66 million U.S. dollars. This was slightly below the NBA's average share of revenue per team from ticket sales, which in the 2023/24 season was just over 22 percent. In terms of teams with the highest revenue in the NBA, however, the Kings were one of the lowest-ranking teams in the league in 2023/24, generating less than half the figure recorded by the top-ranking Golden State Warriors. Who sponsors the Sacramento Kings? Alongside ticket sales, sponsorship revenue in the NBA also provides franchises with significant sources of income. In 2023 alone, the NBA generated roughly 1.66 billion U.S. dollars from sponsorships. Some of the notable sponsors of the Sacramento Kings include Golden 1 Credit Union, which acquired naming rights for the Kings’ arena that opened in 2016, as well as Empress 1908 Gin and Dulce Vida Tequila. Partnerships with spirits companies, tequila brands in particular, have become widespread in the NBA in recent years; this has by no means been limited to franchises, nor has it been a one-way street, with players such as LeBron James and Anthony Davis having invested their own money into the tequila brand Lobos 1707.
In the 2023 season, roughly 4.5 billion U.S. dollars of the revenue generated in the NBA was national revenue. Meanwhile, team sponsorships made up 1.3 billion U.S. dollars of the revenue generated by the league in that season.
The operating income of the Atlanta Hawks franchise rose to 94 million U.S. dollars in the 2023/24 season. Based on figures going back to 2001, this was a record high for the National Basketball Association team.
The operating income of the Orlando Magic franchise rose to 82 million U.S. dollars in the 2023/24 season. This denoted an increase of around 24 percent from the previous season for the National Basketball Association team, when the figure stood at 66 million U.S. dollars.
The operating income of the Detroit Pistons franchise stood at 89 million U.S. dollars in the 2023/24 season. This denoted an increase of roughly seven percent over the previous season, when the operating income of the National Basketball Association team was 83 million U.S. dollars.
The operating income of the Washington Wizards franchise rose to 118 million U.S. dollars in the 2023/24 season. This denoted an increase of nearly 39 percent from the previous season for the National Basketball Association team, when the figure stood at 85 million U.S. dollars.
The average franchise value of National Basketball Association (NBA) franchises increased nearly twentyfold between 2001 and 2024. In 2024, the average franchise value within the league amounted to 4.42 billion U.S. dollars. What is the most valuable NBA franchise? According to Forbes’ NBA Team Valuations, the Golden State Warriors had a value of 8.8 billion U.S. dollars in 2024, making them the most valuable team in the NBA. In second place were the New York Knicks, with a value of 7.5 billion U.S. dollars. When it came to revenue, which is a key indicator of franchise value, the Warriors also topped the rankings for NBA teams with the highest revenue in the 2023/24 season. In a distant second place were the New York Knicks, with a revenue of 543 million U.S. dollars. How do other leagues compare? In the rankings of the most valuable major sports leagues in North America, the National Football League (NFL) has been the clear leader for a number of years. In 2023, the average franchise value in the NFL increased by over 500 million U.S. dollars from the previous year to reach above five billion U.S. dollars. Meanwhile, the NBA had the second-highest average franchise value among North American sports leagues, trailed by Major League Baseball and the National Hockey League in third and fourth, respectively.
During the 2023/24 season, the average operating income of a National Basketball Association franchise was 86.73 million U.S. dollars. While this figure was smaller than the average from the previous season, it was the second-highest since the 2001/2 season.
In the 2023/24 season, the Los Angeles Lakers had the highest operating income from all the National Basketball Association teams. Specifically, the NBA franchise reported an operating income of 199 million U.S. dollars by the end of the season.
In the 2023/24 season, the operating income of the Denver Nuggets franchise reached 57 million U.S. dollars. This represented a decrease of roughly 20 percent from the previous season for the National Basketball Association team.
During the 2023/24 season, the 30 franchises comprising the National Basketball Association (NBA) recorded a total revenue amounting to 11.34 billion U.S. dollars. This was an increase of over 700 million dollars from the previous year. What are the NBA's main sources of revenue? Among the NBA's main sources of income are broadcasting deals, sponsorships, and gate receipts. In particular, the NBA's sponsorship revenue has consistently exceeded one billion U.S. dollars since the 2017/18 season. One of the league's main sponsors since then has been Nike, which is the league's official outfitter. Meanwhile, the share of overall revenue from gate receipts in the NBA was 21.57 percent in 2023/24. Which NBA team generates the most revenue? With a revenue of 800 million U.S. dollars, the Golden State Warriors were the NBA team with the highest revenue in the 2023/24 season. Between 2015 and 2023, the Warriors were a dominant force in the NBA, appearing in six of eight finals and winning four championships, ending their trophy drought stretching back to 1975. However, the Warriors still have some way to go to match the Boston Celtics and the Los Angeles Lakers as the NBA teams with the most championships, with the Celtics winning a record 18th championship title in 2024.