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.
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.
Commercially speaking, a watershed moment for the National Basketball Association (NBA) came during the 2017/18 season when jersey patch sponsors were introduced. Following this move, the NBA’s sponsorship revenue grew by nearly a third and, in 2023, reached 1.66 billion U.S. dollars.
Who are the NBA’s main sponsors?
Before the introduction of jersey sponsors for the 2017/18 season, Nike signed an eight-year deal in 2015 with the NBA to become the league’s new official outfitter. The NBA also partners with technology giants such as Microsoft and Rakuten and, more recently, struck sponsorship deals with cryptocurrency companies like the crypto-based gaming company Sorare. Some NBA franchises, however, have been unfortunate in their choice of cryptocurrency sponsors, with the Miami Heat and the Golden State Warriors both seeing their partnerships with FTX fall apart after the latter’s bankruptcy in 2022.
What is the total revenue of the NBA?
Except for a slump during the coronavirus (COVID-19) pandemic, the total league revenue of the NBA has also grown significantly in the last decade and stood at over 10 billion U.S. dollars. Making up a significant share of this total was the Golden State Warriors, whose revenue stream of 765 million U.S. dollars in 2023 made it the NBA franchise with the most revenue that year. With four NBA championships to their name since 2015, the Warriors’ financial performance has been a fair reflection of the franchise’s on-court performance.
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.
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.
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.
In July 2024, the National Basketball Association (NBA) closed a new media rights deal with ESPN/ABC, NBC/Peacock, and Amazon Prime. In the deal, which runs from 2025/26 to 2036/37, it was agreed that Disney-owned ESPN/ABC will pay the NBA 2.6 billion U.S. dollars a year for the right to broadcast 80 regular season games, early round playoff games, and most Conference finals. Meanwhile, NBC/Peacock were given 100 regular season games, the All-Star game, early round playoff games, and a handful of Conference finals for 2.5 billion U.S. dollars a year.
In 2023, the 32 teams of the National Football League (NFL) generated a total revenue of approximately **** billion U.S. dollars. This shows an increase of nearly *** billion U.S. dollars over the previous year. How does the NFL compare to other major sports leagues? The NFL is the most profitable professional sports league in the United States. Between 2001 and 2019, the total revenue of all 32 NFL teams steadily increased, reaching ** billion U.S. dollars in 2019. This figure dropped to approximately **** billion U.S. dollars in 2020, due to the impact of the coronavirus (COVID-19) pandemic, however, shot back up in 2021 to exceed pre-pandemic levels. In comparison, the revenue generated by Major League Baseball (MLB) teams amounted to around ***** billion U.S. dollars in 2023, while the revenue of the National Basketball Association (NBA) was ***** billion U.S. dollars in the 2022/23 season. NFL revenue streams In the list of most watched TV programs in the U.S., football games dominate the top spots. Duly, the NFL has a diverse array of lucrative revenue streams, such as sponsorships, media partnerships (both broadcasting and digital), ticket sales and concessions. As of February 2024, media deals between the NFL and networks in the United States alone accounted for over ** billion U.S. dollars annually. Meanwhile, NFL league and team sponsorships provided nearly *** billion U.S. dollars in revenue in 2022. Which team generates the most income? In 2023, the five-time Super Bowl champion Dallas Cowboys topped the rankings of NFL teams with the highest revenues. That year, the Cowboys were the only team to generate more than *** billion U.S. dollars in revenue. The Las Vegas Raiders ranked second with approximately *** million U.S. dollars in revenue. Meanwhile, the team with the most Super Bowl titles of the last 20 years - the New England Patriots - sat in fourth place with *** million U.S. dollars in revenue.
In the 2023/24 season, the Golden State Warriors generated 800 million U.S. dollars in revenue, reflecting an increase of about five percent compared to the previous year. This also made them the top-earning NBA franchise, surpassing second-placed New York Knicks by 257 million U.S. dollars.
The operating income of the Boston Celtics franchise rose to 121 million U.S. dollars in the 2023/24 season. This denoted an increase of approximately 38 percent from the previous year, when the operating income of the National Basketball Association team was 88 million U.S. dollars.
The National Hockey League (NHL) is a professional ice hockey league in North America made up of 30 franchises, with 23 located in the United States and seven in Canada. In the 2022/23 season, the total league revenue of the NHL was **** billion U.S. dollars. What is the total revenue of the NFL? The National Football League (NFL) is the most profitable professional sports league in the United States. Over the past fifteen years, the total revenue of all NFL teams consistently increased, rising from about **** billion U.S. dollars in 2001 to over ** billion U.S. dollars in 2022, which was the highest figure to date What is the total revenue of the NBA? The National Basketball Association (NBA) comprises 30 teams, 29 of which are located in the U.S. and one of which is located in Canada. Similar to the NHL, the NBA is one of the major professional sports leagues in the U.S. and Canada. In the 2022/23 season, the total revenue of all NBA teams amounted to over ** billion U.S. dollars. This figure marks a significant increase on the figure from the 2020/21 season, which stood at **** billion U.S. dollars.
In the fiscal year 2022, the ordinary revenue of the Nippon Badminton Association (NBA) amounted to approximately 2.08 billion Japanese yen. The figure increased compared to the previous fiscal year by about 850 million yen.
The revenue of the Boston Celtics franchise amounted to 457 million U.S. dollars at the end of the 2023/24 season. This denoted an increase of three percent over the previous year, when the estimated revenue of the National Basketball Association franchise amounted to 443 million U.S. dollars.
The franchise value of the New York Knicks reached 7.5 billion U.S. dollars in 2024. This denoted an increase of roughly 14 percent over the previous year, when the National Basketball Association franchise had an estimated value of 6.6 billion U.S. dollars. Madison Square Garden - home of the Knicks The New York Knicks are part of the Eastern Conference of the National Basketball Association (NBA). The franchise was established in 1946 and was one of the founding members of the Basketball Association of America, which later became the NBA through a merger with the National Basketball League. Home games of the New York Knicks are played at the Madison Square Garden, which has a capacity of almost 20 thousand for basketball games. During the 2023/24 season, the gate receipts of the New York Knicks reached 175 million U.S. dollars. The team, as well as the arena, is owned by the Madison Square Garden Company, which also owns the WNBA’s New York Liberty basketball team and the New York Rangers of the National Hockey League. How much revenue does the Knicks franchise generate? During the 2023/24 season, the revenue of the New York Knicks amounted to 543 billion U.S. dollars. In the rankings for NBA franchises with the highest revenue, the Knicks were second-placed for that season, behind the Golden State Warriors, whose revenue amounted to 800 million U.S. dollars.
Sponsorship revenue for the major sports leagues in the United States reaches into the millions of U.S. dollars every year. In the 2022 season, sponsorship revenue in the National Football League (NFL) stood at 1.88 billion U.S. dollars. The largest sponsorship category within the league was technology, followed by betting, lottery and gaming.
Attendance at National Football League games
The National Football League is the highest division of professional American Football in the United States. With 32 teams competing annually with the hopes of advancing to and winning the Super Bowl championship game, the league attracts millions of fans from across the country each year. Comparing the average per game attendance of the four major sports league in North America, the NFL attracted close to 70 thousand fans per game on average, ranking it higher than Major League Baseball, the National Basketball Association, and the National Hockey League in the 2022/23 season. Overall, the Dallas Cowboys welcomed the most attendees in the NFL on average in 2022.
Fantasy sports in the U.S.
One way for fans to engage with their favorite professional athletes is through fantasy sports, which involves the creation of a virtual team that tracks the performance of players and enables users to accumulate points after each game week. In 2022, the fantasy sports industry in the United States was worth an estimated 9.48 billion U.S. dollars. According to an August 2022 survey, ESPN’s platform ESPN Fantasy Sports was the most popular to use amongst fantasy football players in the United States. The survey also revealed some of the most important features of fantasy football platforms for users from the United States, with platform simplicity being very important for almost two thirds of respondents.
In the 2023/24 season, the gate receipts of the National Basketball Association franchise Atlanta Hawks amounted to 67 million U.S. dollars. This denoted a decrease of eight percent over the previous year, when ticket sales amounted to 73 million U.S. dollars.
During the 2023/24 season, the National Basketball Association (NBA) franchise Atlanta Hawks recorded a revenue of 353 million U.S. dollars. This was an increase of eight percent from the previous year.
During the 2023/24 season, the revenue of the Memphis Grizzlies franchise amounted to 291 million U.S. dollars. This was an increase of roughly 13 percent from the previous season. What is the history of the Memphis Grizzlies? The Memphis Grizzlies first joined the National Basketball Association as an expansion team in 1995, and was located in Vancouver from its inauguration up to 2001 when it was relocated to Memphis. The team plays its home games at the FedExForum, which has a capacity of about 18 thousand for basketball games. When compared to other NBA teams in terms of revenue, the Grizzlies ranked third from bottom in the 2023/24 season. How many fans attended home games for the Memphis Grizzlies? In the 2023/24 season, the Memphis Grizzlies ranked third from the bottom in average regular season home attendance, with the FedExForum hosting an average of 17,000 fans per game. Additionally, the team's ticket sales for the season totaled 31 million U.S. dollars, reflecting a decline of about 10 percent compared to the previous year.
Under Armour’s net revenue in the United States stood at an estimated 3.5 billion U.S. dollars in the financial year ended March 31, 2024. Basketball star assisting Under Armour In 2024, around 61 percent of Under Armour’s net revenue was generated in its home market of North America. The company has a large budget for advertising and marketing campaigns and as such also relies on the marketing power of one of the NBA’s highest-paid players to boost the impact of the brand: Stephen Curry. The three-time NBA champion signed with Under Armour for an initial contract worth around four million U.S. dollars per year in 2013, and his performances and personality on and off the court are proving pivotal to the company’s success. The benefits of exercise Over 230 million Americans were engaged in physical activity in 2021. This is a positive development, as the number of people participating in sports and activity has risen consistently with each consecutive year since 2013. It is common knowledge that there are many benefits to exercise, some of the most commonly highlighted being the reduced risk of disease and how it helps develop brain health.
The value of the Indiana Pacers franchise of the stood at 3.6 billion U.S. dollars in 2024. This denoted an increase of 24 percent over the previous year for the National Basketball Association (NBA) team, when the franchise value stood at an estimated 3.6 billion U.S. dollars. What is the history of the Indiana Pacers?Originally a founding member of the America Basketball Association (ABA), the Pacers became part of the NBA as part of the ABA-NBA merger in 1976. The team plays its home games at Gainbridge Fieldhouse, which has a capacity of about 18 thousand for basketball games. In the 2023/24 season, the Indiana Pacers ranked among the bottom 10 NBA teams in terms of revenue, generating 320 million U.S. dollars. This was less than half the revenue earned by the top-earning team, the Golden State Warriors, who brought in 800 million U.S. dollars that season. What were the ticket sales for the Indiana Pacers? During the 2023/24 season, the Indiana Pacers generated 53 million U.S. dollars in ticket sales, setting a franchise record based on data available since 2010. However, the Golden State Warriors topped the league in gate receipts that season, earning over 275 million U.S. dollars.
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.