The average salary in the NBA league is $7.90 million for the 2020-21 season and is projected to be $8.25 million in the 2021-22 season. To use individual functions (e.g., mark statistics as favourites, set In the 2018-19 season, the NBA generated the highest revenue to-date of around US$8.76 billion. Check out our list of the top 10 offshore betting sites in 2022. 1 pick in the NBA draft. This is the 3rd lowest share since 1990-91 season. - ET BrandEquity", "Betaald voetbalclubs presenteren 'Seizoen in Cijfers 2014/15', "Breaking the code; A Financial comparison of Rugby Union and Rugby League in England", "Opinion | Mark Cuban Is Wrong About Why WNBA Pay Is So Low", "Pro14 will become the best club competition in the world soon, insists chief executive Martin Anayi", "Beisbol: negocio millonario o deporte en agona? Note that the content on this site should not be considered betting advice. Cited revenue was 177 million AED. The average price of NBA game tickets grew 50% over the last 10 seasons. According to Fast Company, this gives insiders 53.5% of the overall votes. Jamal Murray, Michael Porter Jr. lead Nuggets . $800 million was lost in gate receipts. By the end of the 2020-21 season, the league generated roughly $6.41 billion. Adjusted for salary cap changes, NBA players from Georgetown have the highest salary in the league from 1991 to 2022 with 13.8% of the salary cap. The biggest increase in average salary in the NBA occurred in the 2016-17 season when it jumped $4.85 million to $5.97 million, which presents a 23% jump. Median NBA salary by year The median NBA salary for the 2021-22 season is $4.02 million, which presents a 5% increase from a year before. For a detailed breakdown of the NBAs highest-paid players, we prepared a separate analysis which is available here. That's a problem if "generally 99%" of NBA fans "never step foot in an NBA arena," as the league said in the past. The NBA revenue by year goes higher if you factor in TV rights, merchandising, and sponsorship. The NBA has a licensing deal with Dapper Labs for its NFTs of video highlights. In 2021, NBA small forwards were making $7.13 million on average, which presents a 3% increase from the previous year. Now, while $8.3 billion is a fantastic revenue . Per Sportrac, Jordan's first NBA deal with the Chicago Bulls paid him $6.3 million over seven years. Are new versions of running shoes even better? You need at least a Starter Account to use this feature. Earnings were down 35% from accumulated NBA annual revenue the year prior. Silver says the NBA is projecting $10 billion in revenue this season, a notable bump from the last two seasons where fan attendance was limited or non-existent. The average ticket price for any WNBA game sits right around $17. Silver told the crowd last Tuesday that the NBA's overall viewership is down. This is the lowest salary growth over the last 7 years. data than referenced in the text. 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. Chart. The NBA is celebrating 75 years in business, and the next few will be pivotal for Silver's league. The NBA is a billion-dollar industry, whose goals are to increase profits and expand. This text provides general information. A Division of NBCUniversal. The New York Times' Rich . Since 2017, the NBA started generating $2.7 billion annually from this deal. Dimitrije loves to tell hoop stories through numbers and graphics and has been featured on Fansided, FiveThirtyEight, Eurohoops, and TalkBasket among the others. The average NBA team is worth $1.9 billion, up 13% over last year and three times the level of five years ago. Over the last 11 years, 12 NBA teams didn't have one year with negative operating income. The NBA, on the other hand, made $7.4 billion in revenue last season, up 25% from the prior season when they made a total of $5.94 billion. We are happy to help. This was a 0.4% increase from the season before. The NBA watched the NFL capture an eleven-year deal worth more than $100 billion deal last summer. The average revenue of an NBA franchise was $213.5 million in the 2020/21 season. This marks a significant increase on the figure from the 2020/21 season, which stood at. Nippon Professional Baseball. So, the WNBA does not make money. But it was way down from the six-game series between the Warriors and Toronto Raptors in 2019, which averaged 15.1 million viewers. Over the last 11 years, the NBA's annual sponsorship revenue grew 9.7% yearly on average. NBA revenue dropped 10% to $8.3 billion for the 2019-20 season, including $200 million in deemed "net negative impact" from a monthslong splintering of the league's partnership with China. That is an increase of 50% from sponsorship revenue in the 2020-21 season. statistic alerts) please log in with your personal account. Commissioner Adam Silver says the NBA is projecting $10 billion in revenue this season, a notable bump from the last two seasons where fan attendance was limited or non-existent. Ritters report also analyzed the three-year returns on 9,089 IPOs from 1980 to 2021. Before the rift, the NBA's business in China was worth about $5 billion. exchange rate of 1 EUR = 5.0967 AED for May 2014 used here. Tencent pays the NBA $1.5 billion for those rights. Only 4 NBA teams earn close to $100 annually from local broadcasters. This is the highest-paid position in the league for the second season in a row. The NBA debt is currently $6.7 billion, increasing by 24% compared to the previous year. $400 million was lost in sponsorship and merchandise. Following the growth of salaries in the NBA, the most lucrative contracts signed in the league are from the last 2 seasons. Starting lineup features 3 superstars from the 90s and 2 future Hall of Famers as rookies. This is the largest increase in NBA debt over the last 4 years. July's Bucks versus Phoenix Suns NBA Finals averaged 9.9 million viewers overall. The NBA's national media rights are tied to its high franchise values. This drastic difference in revenue is why the wage gap between men's and women's pro basketball players is so large. A season later, the league generated $8.3 billion in revenue. When betting your capital is at risk. The median salary in the NBA currently presents 49% of the average NBA salary. I think its quite remarkable from where we came two-and-a-half years ago.. Businesses in Gurgaon and Faridabad are required to file their ITR irrespective of whether they have made profits or incurred losses during the financial year. This is a 19% drop from the season before ($264 million). The NBA opens with the defending champion Milwaukee Bucks playing the Brooklyn Nets on TNT on Tuesday. We analyzed NBA revenue data over the last 20 seasons and now presenting you 66 stats on how NBA generates money. 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.". From the 2002/03 to 2007/08 season, the NBA was generating $766 million annually from national broadcasting rights. The WNBA generates revenues of $60 million annually, but it also has costs in excess of $70 million annually. As soon as this statistic is updated, you will immediately be notified via e-mail. Interesting enough, the NBA earned $7.92 billion in the 2019-20 season. That season, sponsorships brought in a record $1.46 billion in revenue. The new deal, which would start in 2025, could be worth over $75 billion total, and over $8 billion annually, according to Jabari Young of CNBC. Visualized: The Largest Trading Partners of the U.S. Visualizing 90 Years of Stock and Bond Portfolio Performance, Visualizing the Link Between Unemployment and Recessions, Timeline: The Shocking Collapse of Silicon Valley Bank, Decoding Googles AI Ambitions (and Anxiety), Ranked: Americas 20 Biggest Tech Layoffs Since 2020, Infographic: Generative AI Explained by AI, Infographic: 11 Tech Trends to Watch in 2023, Ranked: The U.S. Banks With the Most Uninsured Deposits, De-Dollarization: Countries Seeking Alternatives to the U.S. Dollar. While trades are contemplated, the 76ers culture and team continuity will be tested with Simmons back following an eventful training camp. Since the 2017/18 season, the NBA generates around $125 per year from a sponsorship deal with Nike. He also said NBA game presentations are too "basic" and spoke about the "David Stern Cup" an in-season tournament the league wants to incorporate this decade. For example, Fuball-Bundesliga is the first division/level, compared to 2. Despite remaining competitive and making it to the NBA Finals this past season, the Celtics have dropped a couple of spots on this list over the years. To receive full revenue sharing benefits, a team must generate revenue that is equal to 70% of the league average. The NBA's big trade last season involved Harden. Clicking on the following button will update the content below. Visit Salary.com to find out thunder.nba.com salary, thunder.nba.com pay rate, and more. This data was compiled by Jay R. Ritter, Cordell Professor of Finance at the University of Florida. "National Basketball Association total league revenue from 2001/02 to 2021/22 (in billion U.S. Trump reports little . Mark Tatum, deputy commissioner and chief operating officer of the NBA, said the international business comprises about 10 per cent of league revenue that officials projected to reach $10bn for . This implies a 39% reduction in regular season games from 1,189 to 725, but their playoff games were unaffected 6. The average salary of an NBA power forward is $7.64 million in 2021, which is a 16% increase from the previous season. James enjoys watching sports and helping gamblers win money. The average salary of an NBA point guard in the 2020-21 season is $11.01 million. Are new versions of running shoes even better? The index in this case is the CRSP value-weighted index, which includes NYSE American, NYSE, and Nasdaq stocks. Due to league expansion and contraction, does not necessarily match the number of current teams. Currently, you are using a shared account. Santiago Bernabu Stadium, The home of Real Madrid Club de Ftbol, the most valuable Association Football team in the world in 2023. (These executives spoke to CNBC on condition of remaining anonymous as they aren't allowed to comment on team affairs.). Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Shooting guards are the lowest-paid players in the NBA for the 8th season in a row, and the only position with an average salary under $7 million in 2021. Citing a source, the publication said revenues in 2020 totaled $12 billion, down from $16 billion in 2019 -- a drop of 25 percent. In, Forbes. Which is when commissioner Ambrosie said he wanted to 'double' overall league revenues. TRADER~ WILLIAM (@official_trader_william) on Instagram: "incredible__sophiafx If you don't know YOUR NEXT FIVE MOVES in TRADING then you've already lo." Los Angeles Lakers hold the largest local TV contract, earning $149 million annually. "National Basketball Association Total League Revenue from 2001/02 to 2021/22 (in Billion U.S. Putting the spotlight on style, The UC Davis Fashion and Design Society presents "Intertwined" at this year's Picnic Day on Saturday, April 15, at 11 a.m. and 1 p.m. Changes in the way the game is played led to the redistribution of salaries among different positions in the NBA. Not to mention, the NBA earned $1.4 billion in sponsorship revenue. 4- National Hockey League The NHL, founded in 1917, is the second-oldest major professional team. All data, including graphics, images, and text selections are free to use, as long as the reference to the original research is included, We are open to any questions, interviews, and data requests. Ranked: The Largest Bond Markets in the World. Nigerian players earned 12%, while players from Spain average 11.7% of the salary cap. Sum of all individual revenue figures for the 30 teams in the NBA. "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.". All of which leaves the WNBA a little short of money. Details: Team values are measured using 4 metricsoverall sport revenue, market size, area revenue, and brand. Adam Silver was all smiles as he entered a New York City hotel last Tuesday to give a room filled with sports executives an update on the National Basketball Association. Only 2 out of 20 highest-paid players in the league in 2021 were shooting guards. Market-adjusted returns are the difference between the assets return and the indexs return. The NBA's last opening week started late December 2020 because of the pandemic. Below is a historic overview of average NBA salaries based on player's position. So how do you get from $210 million to $420 million? 30 NBA teams generated $738 million in operating income for the 2020/21 season. This is our Salary Cap Dream Team. NBA Africa will oversee the league's business throughout the continent, including operating Basketball Africa League, which launched last May. This is a team to beat for sure. Cited revenue was AUD$1.547B; exchange rate of 1 euro per AUD$1.61 for 2019 season used here. ", Ballmer continued, "Will there be some direct-to-consumer offer by the league, which is certainly a possibility? Returns were calculated through the end of December 2021. The 2020-21 season saw roughly a 33% drop in revenue compared to the year prior. National Basketball Association all-time triple double leaders 1946-2023, Value of National Basketball Association franchises 2022, National Basketball Association all-time assists leaders 1946-2023, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Ben Simmons #25 of the Philadelphia 76ers handles the ball against the Atlanta Hawks during Round 2, Game 7 of the Eastern Conference Playoffs on June 20, 2021 at Wells Fargo Center in Philadelphia, Pennsylvania. Add Basketball Insiders to your Google News Feed! Then you can access your favorite statistics via the star in the header. NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. The Nets struck a $30 million per year pact with New York-based brokerage platform Webull, the richest patch deal in the league. And before the pandemic, league executive Amy Brooks projected a 30% increase. Expressed in 1991 dollars, the average NBA salary presents only 50% of the actual salary. Small forwards had the highest annual salary growth in 2021, recovering after 2 seans without a salary increase. The NHL increased its rights, too, thanks to NBA partners ESPN and AT&T's WarnerMedia. League revenue increased by 30 percent in second season", "Most people missed the biggest story of Grey Cup week in Ottawa 14 months ago. TV viewership will be essential for Silver's league as it returns to a standard 82-game format. We spent 3 months collecting and analyzing 15,161 NBA salaries of 2,516 NBA players from 1990-91 to 2021-22 season. This is a 5% increase from a year before. The NBA makes money primarily through television, merchandising, sponsorships, and tickets. Even as late as draft day, the odds shifted dramatically, culminating in ESPN insider Adrian Wojnarowski dropping a patented "Woj bomb . It would be the first time Simmons faces the team's fan base following the trade demands if he plays. The league is eligible for another extension, with a projected worth of $75 billion over 9 years. In 2021, NBA centers didnt have a representative in top20 highest-paid players. As a Premium user you get access to background information and details about the release of this statistic. Exchange rate of 1 USD to 0.95 EUR used for June 2022, date of original publishing. The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. He earned his bachelor's degree in English and Creative Writing at Southern New Hampshire University. Will the players change, and companies like Amazon, Apple, and the streaming guys what to come into the game, as opposed to just the ESPN and Turner? Impact of Covid-19 pandemic on NBA revenue. James Harden #13 of the Brooklyn Nets dribbles the ball against Georges Niang #20 of the Philadelphia 76ers in the second half at the Wells Fargo Center on October 11, 2021 in Philadelphia, Pennsylvania. NFL teams average more revenue, as well. In the case of Coinbase, a separate class of shares reserved for founders and insiders has 20 times the voting power of regular, publicly available shares. "NBA teams keep 75% of their playoff ticket revenue, a higher share than NHL (65%), MLB (~55%), and NFL (0%) Last year's Warriors title run of 12 home playoff games grossed >$100M in tickets (before the league took its cut)" A paid subscription is required for full access. Consumption of Fuel and Materials per Capita, The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Ranked: The Worlds Largest Copper Producers, Mapped: Air Pollution Levels Around the World in 2022. Fuball-Bundesliga (which is the second division/level). 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